Management Programme
ASSIGNMENT
FIRST SEMESTER
2018
MS - 09: Managerial Economics
School of Management Studies
INDIRA GANDHI NATIONAL OPEN UNIVERSITY
MAIDAN GARHI, NEW DELHI – 110 068
MS-09
ASSIGNMENT
Course Code : MS-09
Course Title : Managerial Economics
Assignment Code : MS-09/TMA/SEM-I/2018
Coverage : All Blocks
Note : Attempt all the questions and submit this assignment on or before 30th April, 2018 to the
coordinator of your study center.
1. Explain the Opportunity Cost Principle? Substantiate with the help of an example how
production possibility reflects opportunity costs?
2. How are Demand, Price Elasticity and Revenue determined? Explain Price Elasticity with
the help of any particular example of your choice.
3. Discuss Economies and Diseconomies of Scale. How is Economies of Scope different
from Economies of Scale? Explain.
4. Explain “Barriers to Entry” of a firm. Differentiate between legal barriers and natural
barriers with the help of any example of your choice.
5. Trace the chronology of deregulation of Indian Telecom from 1992 to 2003. Explain the
special role played by Telecom Regulatory Authority of India (TRAI).
6. Write short notes on any two of the following:-
(a) Decision under risk
(b) Biometric forecasting
(c) Kinked demand curve