MCO-021 · December 2025 · English

IGNOU MCO-021 December 2025 Previous Year Question Paper

MANAGERIAL ECONOMICS

Structured previous year question paper for MCO-021, December 2025 session.

Max marks: 100 · Questions: 8

Verified: 8 Sept 2026

MASTER OF COMMERCE

(M. COM.)

Term-End Examination

December, 2025

MCO–21 : MANAGERIAL ECONOMICS

Time : 3 Hours Maximum Marks : 100

Note :

(i) Attempt any five questions.

(ii) All questions carry equal marks.

Q1.“Managerial Economics serves as a link between traditional economics and decision sciences for business decision-making.” Elucidate. 20 [ 2 ]

Q2.Explain demand function and law of demand with the help of suitable examples.

Q3.Explain price elasticity of demand with the help of an example.

Q4.Describe production function with one variable input. Explain your answer with table and graph.

Q5.Discuss economies and diseconomies of large scale with suitable examples.

Q6.Describe various factors determining the nature of competition in different market structures. Cite example to support your answer.

Q7.(a) Explain how a monopolist f irm determines the profit maximization output. Describe with the help of graphical presentation. 14 [ 3 ] MCO–21

(b) Discuss the implications of perfect competition and monopoly for managerial decision-marking.

Q8.Write short notes on any two of the following : 10+10

(a) Kinked demand curve

(b) Scope of Managerial Economics

(c) Value maximization

(d) Equimarginal principle [ 4 ] MCO–21 okf.kT; esa LukrdksÙkj mikf/k (,e- dkWe-) l=kar ijh{kk fnlEcj] 2025 ,e-lh-vks-&21 % izca/kdh; vFkZ'kkL= le; % 3 ?k.Vs vf/kdre vad % 100 uksV %

(i) fdUgha ik¡p iz'uksa ds mÙkj nhft,A

(ii) lHkh iz'uksa ds vad leku gSaA 1- ßizca/kdh; vFkZ'kkL= O;kolkf;d fu.kZ; ysus ds fy, ikjEifjd vFkZ'kkL= vkSj fu.kZ; foKkuksa ds chp ,d dM+h ds :i eas dk;Z djrk gSAÞ fVIi.kh dhft,A 20 [ 5 ] MCO–21 2- ek¡x Qyu vkSj ek¡x ds fu;e dh mfpr mnkgj.k lfgr O;k[;k dhft,A 8$12 3- ek¡x dh dher yksp dh mnkgj.k lfgr O;k[;k dhft,A 4- ,d ifjorhZ vkxr ds lkFk mRiknu Qyu dh O;k[;k dhft,A lkj.kh ,oa xzkQ dh lgk;rk ls vius mÙkj dh O;k[;k dhft,A 20 5- mfpr mnkgj.k lfgr cM+s iSekus dh fdQk;rsa vkSj vykHk dh O;k[;k dhft,A 20 6- fofHkUu ckt+kj lajpukvksa esa izfr;ksfxrk ds Lo:i dks fu/kkZfjr djus okys fofHkUu dkjdksa dk o.kZu dhft,A vius mÙkj ds leFkZu esa mnkgj.k nhft,A 20 7-

(d) ,dkf/kdkj QeZ ykHk vf/kdre mRiknu dk fu/kkZj.k dSls djrh gS \ js[kkfp= dks lgk;rk ls O;k[ ;k dhft,A 14 [ 6 ] MCO–21 ([k) izca/kdh; fu.kZ;u ds fy, iw.kZ izfr;ksfxrk vkSj ,dkf/kdkj ds fufgrkFkZ D;k gSa \ O;k[;k dhft,A 6 8- fuEufyf[kr esa ls fdUgha nks ij laf{kIr uksV~l fyf[k, % 10$10

(d) fodqafpr ek¡x oØ ([k) izca/kdh; vFkZ'kkL= dk fo"k;&{ks= (x) ewY; vf/kdrehdj.k (?k) lelhekar fl¼kar