Part A (Long Answer Type Questions) : (15×2 30 Marks)
Part A (Long Answer Type Questions) : (15×2 30 Marks)
Haldwani
Economics for Managers MBA/DIM (Model Paper)
Paper Code CP1005
Time: 3 hrs.
Maximum Marks: 60
Section B contains 08 short answer type questions of 5 marks each. Learners are
required to answers 4 questions only. Answers of short answer-type questions must be
restricted to 250 words approximately.
1. What is managerial economics? Discuss the scope and importance of managerial
economics.
2. What is inflation? Explain the different types of inflation.
3. What is monopoly? Discuss the major disadvantages of monopoly
4. Explain supply side economics? Discuss the importance of supply side economics in the
economy
5. Discuss the importance of production function.
6. What is national income? How it is computed?
7. Distinguish between micro and macroeconomics.
8. Explain the cross elasticity of demand and income elasticity of demand
5. If the quantity of money demanded is less than the quantity of money supplied, then the
interest rate will
(a) Either increase or decrease, depending on the amount of excess demand.
(b) Increase.
(c) Decrease.
(d) Not change
6. Which of the following events will definitely lead to an increase in the equilibrium interest
rate?
Maximum Marks: 60
Section B contains 08 short answer type questions of 5 marks each. Learners are
required to answers 4 questions only. Answers of short answer-type questions must be
restricted to 250 words approximately.
1. How F.W. Taylor and Henri Fayol differ in their approach to management
thought.
2. Briefly discuss the concept of PERT?
3. What are the essentials of effective communication?
4. Write a short note on positive and negative incentives.
5. Analyse the merits and demerits of centralisation.
6. List some ways in which a business organisation can discharge its social
responsibility.
7. Mention the steps involved in controlling process.
8. Define Trait theory?
Maximum Marks: 60
Section B contains 08 short answer type questions of 5 marks each. Learners are
required to answers 4 questions only. Answers of short answer-type questions must be
restricted to 250 words approximately.
1. Differentiate between Job description and Job specification.
2. What is Demand Forecasting in context of HR?
3. What is Induction?
4. Explain Succession Planning
5. What is Human Resource Audit?
6. Explain the importance of Multi Skilling?
Write a note on
7. Factor comparison method.
8. Job Rotation
c) HR Supply<HR Demand
b) HR Supply=HR Demand
d) None of these.
Maximum Marks: 60
Section B contains 08 short answer type questions of 5 marks each. Learners are
required to answers 4 questions only. Answers of short answer-type questions must be
restricted to 250 words approximately.
1. Why is it important to study consumer behavior?
2. Define reference group.
3. What is Absolute threshold?
4. What are different elements of consumer learning?
5. How do you manage customer satisfaction?
Briefly discuss the following:
6. Benefit Segmentation
7. Emotional Motives
8. Learning model of consumer behaviour.
b) Demographic
c) Psychographic
d) Caste
b) High involvement
c) Medium involvement
d) None of these
3. When individual deliberately searches for information about product before purchase,
it is called :
a) Intentional learning
b) Unintentional learning
c) Forced Learning
d) None of these