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Download GTU MBA Papers |
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Re: download gtu MBA papers
Gujarat Technological University, commonly referred as GTU, is a statewide institution affiliating many engineering, pharmacy, and management colleges and varsities across the western Indian Districts of Gujarat. Economics for Managers Instructions: 1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Time: 12.00 2.30 pm Total Marks: 70 Q.1 (a) A firm Flair Pens Ltd. Supplied 2000 pens at the rate of Rs. 18 per pen to Geeta stationary, Ahmedabad, next month, due to a rise in the price to Rs. 22.50 per pen, the supply of the firm increases to 5250 pens. Find the elasticity of supply of the pens. 07 (b) Draw the demand, marginal revenue and marginal cost carves for a monopolist. Show the profit maximizing level of output & price. (b) Explain and Draw a Production Possibilities Frontier for an Indian Economy that produces Wheat & Rice. 07 Q.3 (a) What is the Prisoners dilemma and what does it have to do with Oligopoly. 07 (b) Discuss four determinants of productivity. 07 OR Q.3 (a) Explain what is competitive firm and under what conditions will a firm exit a market? (b) What are the costs of inflation? Which of these costs do you think are most important for the Capitalistic Economy. Q.4 (a) Distinguish between monopolistic and perfect competition. 07 (b) Differentiate between income effect and substitution effect caused by change in the price of commodity. OR Q.4 (a) Describe the three problems that make the consumers price index and imperfect measure of the cost of living. (b) Describe the four components of G.D.P. Give an example of each. 07 Q.5 (a) What is the liquidity preference? How does it help explain the downward slope of the aggregate demand curve. 07 (b) Draw the short run trade - off between inflation and unemployment. Explain how the short - run and long run trade offs are related. OR Q.5 (a) Explain the three reasons for the aggregate demand curve is downward sloping. (b) Give an example of a Govt. policy that acts as an automatic stabilizer. Explain why the policy has this effect. Question Paper of the MBA Course Economics for Managers Subject of the Gujarat Technological University Contact Details : Gujarat Technological University Address: Near Visat Three Roads, Visat - Gandhinagar Highway, Chandkheda, Ahmedabad, Gujarat 382424 Phone: 079 2326 7521 |
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