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571102 ECONOMIC ANALYSIS FOR BUSINESS ANNA UNIVERSITY MBA QUESTION PAPER JAN 2011 REGULATION 2010

Sunday, September 11, 2011 ·



M.B.A. DEGREE EXAMINATION, JANUARY 2011.
First Semester
571102 — ECONOMIC ANALYSIS FOR BUSINESS
(Regulation 2010)
Time : Three hours Maximum : 100 marks
Answer ALL questions.
PART A — (10 × 2 = 20 marks)

1. Differentiate Micro and Macro Economy.
2. State the fundamental economic problems.
3. What is elasticity of demand?
4. What is autonomous demand and negative demand?
5. When an imperfect market occurs?
6. List down the determinants of factor price.
7. Define national income.
8. What is fiscal policy?
9. Define inflation and deflation.
10. What is money market?


PART B — (5 × 16 = 80 marks)


11. (a) (i) Explain the themes of economics. (8)
(ii) As an economist how will you plan for productive efficiency and
economic efficiency. (8)
Or
(b) (i) Explain the positives and negatives of economic externalities. (10)
(ii) How can economic growth and stability be balanced. (6)
12. (a) (i) Explain the determinants of demand and supply. (8)
(ii) Explain the market equilibrium. (8)
Or
(b) (i) Explain the economics of scale. (8)
(ii) Discuss short-run and long-run production function (8)
13. (a) (i) Differentiate the perfect and imperfect market. (8)
(ii) Explain the different market structures. (8)
Or
(b) (i) Discuss about the factors influencing the price and market. (8)
(ii) Discuss about the methods of improving the efficiency of
competitive market. (8)
14. (a) Explain the process of determination of National Income.
Or
(b) Explain the theories of Fiscal Policy.
15. (a) (i) What is unemployment? List the impacts of Unemployment. (8)
(ii) What is Inflation? List the reasons and impacts of inflation. (8)
Or
(b) (i) Discuss about money market. (8)
(ii) Write about the roles of monetary policies. (8)

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