SURYA GROUP OF INSTITUTIONS School of Engineering and Technology

Department of Computer Science and Engineering Engineering Economics and Financial Accounting
UNIT I Question Bank CSE VII Sem (*- important university previous year questions) 1. What is managerial economics* 2. Define managerial economics* 3. Define marginal and Incremental principle 4. State the law of equi-marginal principle 5. What is time perspective principle? 6. State discounting principle. 7. What is a firm?* 8. Define the term Sole proprietorship.* 9. Define partnership. 10. What is profit maximization of a firm? 11. Classify alternatives of the firm. 12. What is uncertainty? 13. What is decision making?* 14. Write down the steps involved in decision making. 15. What is decision analysis? 16. What is discounting principle? 17. Define the concept of firm.* 18. State the difference between micro and macroeconomics. 19. State the characteristics of managerial economics 20. What is positive and normative economics? 21. What are the main areas of application in managerial economics? 22. What are the disciplines linked with managerial economics?* 23. What are the theories about the objective of the firm?* 24. What are the techniques involved in decision making process?* 25. What are the barriers for effective decision making?* 26. Show the economic analysis in business decision*. 27. Mention any two objectives of firm*. 28. Distinguish firm and industry*

PART B 1. Define Economics. Explain the nature, scope and significance of economics.* 2. Define Managerial economics. Explain the nature and scope of managerial economics.* 3. Explain the main area of managerial economics and how it is linked with other disciplines.* 4. Explain the objectives of the firm along with its types. 5. Define decision making and the steps involved in decision making process. 6. Explain the different types of managerial decisions.* 7. Explain the different techniques used in the process of decision making. 8. Explain the importance of managerial decision making. How do you overcome the barriers to effective decision making process 9. Explain the Baumols sales maximization theory. 10. What do you understand by decision analysis? * 11. Discuss the decision analysis under risk and uncertainty with an example.* 12. Discuss in detail the nature of Managerial economics.* 13. Discuss how managerial economics related to maths, Statistic, Economics and Accounting.* 14. Managerial Economics is Economics applied in Decision making Discuss.* 15. Explain the goals of firm* 16. Explain the different forms of ownership and its significance in successive organization* 17. Discuss the principle of economics which helps in effective managerial decision making.* 18. Write short notes on programmed and non-programmed decisions.* 19. Enumerate the nature of managerial economics.*