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MBA-Managerial Economics Questions

These questions were part of 2010 question paper of Managerial Economics from ANDHRA UNIVERSITY - MBA PROGRAM

1. Discuss the nature and scope of Managerial Economics.
2. What is production function? Discuss the Coub – Douglass Production Function and its
managerial uses.
3. Explain how price is determined under monopolistic competition.
4. What are different methods of forecasting demand? Explain main determinants of demand.
5. "Managerial Economics is the integrations of economic theory with decision making and
forward planning" - discuss.
6. Explain how firm under oligopoly fixes the price and output?
7. What is indifference curve analysis? What are its properties?
8. Explain cost – output relationship both in the short - run and long – run.

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