ENGINEERINGECONOMICSANDFINANCIALACCOUNTING

UNITI
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Definemanagerialeconomics.
Whatismicroeconomics?
Whatismacroeconomics?
Whatispositivetheoryofeconomics?
Whatisnormativetheoryofeconomics?
Namefewapplications/significanceofmanagerialeconomics.
Whatarethedifferenttypesoffirms?
Whoissoletrader?Nameafewfeaturesofsoletradership.
Whatisthenatureofpartnershipbusiness?
Differentiatepartnershipfirmwiththatofpvtltd.
Nameafewrolesofmanagerialeconomistinbusiness.
Nameafewobjectivesofthefirm.
Howismanagerialeconomicsrelatedwithoperationsresearch?
Namesomefeaturesofdecisionmaking.
Writedownthestepsinvolvedindecisionmakingprocess.
Listoutcertainadministrativeproblemsindecisionmaking.
Whatisdecisionanalysis?
Listoutstepsinrationaldecisionmakingprocess.
Howmanagerialeconomicshelpsinsolvingengineeringproblems.
Explainthefeaturesofmanagerialeconomics.

16MARKS

1. Explainindetailaboutthescopeofmanagerialeconomics.
2. Explainindetaildifferentobjectivesofafirm.
3. Explainthedifferenttypesoffirm.
4. Howismanagerialeconomicsrelatedwithotherdisciplines?
5. Whatisrationaldecisionmaking?Explaintheprocessofdecisionmaking.
6. Explaintheconceptofmanagerialeconomics.Listouttheapplicationsandimportanceof
managerialeconomics.
7. Differentiatemicroeconomicsandmacroeconomics.
8. ExplainBaumoulstheoryofsalesrevenuemaximization.
9. ExplainMarristheoryoffirmsgrowthrate.
10. Whatismeantbymanagerialdecisionmaking?Explainindetailaboutdecisionanalysis.

QuestionBankPreparedbyDepartmentofManagementStudiesforIT

ENGINEERINGECONOMICSANDFINANCIALACCOUNTING

UNITII
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Definedemand.Nameafewdeterminantsofdemand.
Whatisdemandfunction?
Whatarethedifferenttypesofdemand?
Whatisdemandelasticity?Namedifferentelasticitysindemand.
Howwillyouderivepriceelasticityofdemand?
Whatarethedifferenttechniquestoforecastdemand?
Whatissupply?Explainlawofsupply.
Namedifferentdeterminantsofsupply.
Whatissupplyfunction?
Explaininbriefaboutelasticityofsupply.
Whatisincomeelasticityofdemand?
Whatarecomplementarygoods?Howdoestheirnatureaffectdemand?
Whatiscrosselasticityindemand?
Explainwithexampleabouttheeffectofdemandforsubstitutegoods.
Definelawofdemand.Nameafewassumptionsoflawofdemand.
Explainwithexamplesexceptionstolawofdemand.
Whatisautonomousandderiveddemand?
Differentiateindividualandmarketdemand.
Howdoespopulationofthecountryaffectdemand?
Nameafewexceptionstolawofsupply.

16MARKS
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Whatisdemand?Explainthedifferentdeterminantsofdemand.
Explainindetailaboutelasticityofdemand.
Explainindetailaboutdemandforecasting.
Whatissupply?Explainthedeterminantsofsupply.
Definedemand.Explainindetailabouttypesofdemand.
Whatissupplyfunction?Explainelasticityofsupply.
Explainindetailaboutpriceelasticityofsupply.
Explainthedifferenttechniquesofdemandforecasting.
Explainthesignificanceofmeasuringelasticityofdemand.
Explainthedemandcurve,lawofdemand,exceptionstolawofdemandanddemand
function.

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ENGINEERINGECONOMICSANDFINANCIALACCOUNTING

UNITIII

2MARKS

1. Defineproduction.
2. Whatisproduction?Deriveproductionfunction.
3. Whatdoyoumeanbyincreasingreturnstoscale?
4. Whatisdiminishingreturnstoscale?
5. Whatisisoquants?
6. Namefewmanagerialusesofproductionfunction?
7. Whatisproductionoptimization?
8. Whatisthesignificanceofreturnstoscale?
9. Whatarethedifferenttypesofisoquants?
10. Explainthelawofreturnstoscale.
11. Namethedifferenttypesofcost.
12. Whatiscost?Namedifferentdeterminantsofcost.
13. Differentiateshortrunandlongruncost.
14. Whatisproductionfunction?
15. Namesomecharacteristicsofisoquants.
16. Whatarehistoricalandreplacementcosts?
17. Howdoestechnologyaffectcostofproduction?
18. Howtoestimatecostoutputrelationship?
19. Whatdoyoumeanbyeconomiesofscale?
20. Whatisopportunitycost?

16MARKS

1. Defineisoquants.Explainthedifferenttypesofisoquants.
2. Howtooptimizeproduction?Explainvariouslestcostinputpossibilitieswithanexample.
3. Whatiscostfunction?Explainthevariousdeterminantsofcost.
4. Explainindetailaboutlongruncostcurves.
5. Explainindetailonhowtoestimatecost.
6. Explainaboutlongrunandshortruncostcurves.
7. Explainindetailaboutthecostandoutputrelationshipwithappropriatediagram.
8. Explainindetailabouteconomiesanddiseconomiesofscale.
9. ExplainindetailaboutLawsofreturnstoscale.
10. Writeshortnotesona)Outofpocketandbookcostb)Pastandfuturecostc)Accounting
andeconomiccost.

QuestionBankPreparedbyDepartmentofManagementStudiesforIT

ENGINEERINGECONOMICSANDFINANCIALACCOUNTING

UNITIV

2MARKS

1. Nameanyfewdeterminantsofprice.
2. Whatarethedifferenttypesofmarketstructures?
3. Whatarethefeaturesofperfectcompetitivemarket?
4. Whatarethefeaturesofmonopolisticmarket?
5. Whatispricediscrimination?
6. Whatisproductdifferentiation?
7. Whatarethedifferentcostbasedpricingmethodsinpractice?
8. Whatisthestrategybasedpricing?
9. Whatdoyoumeanbymarketpenetration?
10. Comparecompetitionorientedpricing&demandorientedpricing.
11. Explainthefeaturesofsealedbidpricing.
12. Whatisimperfectcompetition?
13. Explainabouttheprofitabilityofmonopolisticmarket.
14. Explainthefeaturesofmonopoly.
15. Differentiateperfectcompetition&imperfectcompetition.
16. Whatarethedifferenttypesofimperfectmarket?
17. Whatarethemeritsofpricediscrimination?
18. Whatdoyoumeanbypricingunderdifferentobjectives?
19. Whatistheroleofgovernmentinpricecontrol?
20. Whatistheresponsibilityofbureauofindustrialcosts&pricesincontrollingprices?

16MARKS

1. Explainindetailvariousdeterminantsofprice.
2. Explainthepricingstrategyunderdifferentobjectives.
3. Howtodeterminepriceunderperfectcompetition?
4. Howtodeterminepriceundermonopolisticcompetition?
5. Explainindetaildifferentfeaturesofmonopoly&monopolisticcompetition.
6. Differentiateperfectcompetition&monopolisticcompetition.
7. Whatarethedifferentpricingmethodsinpractice?
8. Whatistheroleofgovernmentinpricecontrol?
9. Writeshortnotesona)pricediscriminationb)productdifferentiationc)equilibriumpoint.
10. Differentiatethefeaturesofperfectcompetition,monopoly,monopolist&oligopoly.

QuestionBankPreparedbyDepartmentofManagementStudiesforIT

ENGINEERINGECONOMICSANDFINANCIALACCOUNTING

UNITV

2MARKS

1. Whatisfinancialaccounting?
2. Whatarethedifferentfunctionsoffinancialaccounting?
3. Whatarethedifferenttechniquesortoolsoffinancialstatementanalysis?
4. Whatistradingaccount?Whatdoyouinferfrompreparingit?
5. Namefewitemsthatappearonthedebitsideofprofit&lossaccount.
6. Whatdoyoumeanbyliability?
7. Differentiatefixedassets&currentassets.
8. Namefewcurrentliabilitiesthatappearonbalancesheet.
9. Whatisratioanalysis?
10. Formulatea)ROIb)Capitalgearingratio.
11. Whatarethelimitationsoffinancialstatementanalysis?
12. Whatisacomparativefinancialstatement?
13. Explainthemeaningoftrendanalysisoffinancialstatements.
14. Whatissolvencyratio?Give2examples.
15. Whatisscheduleofchangesinworkingcapital?
16. Whatisfundsfromoperations?
17. Whatisworkingcapital?
18. Namefewsignificantusesofcashflowstatement.
19. Formulatedebtequityratio&workingcapitalturnoverratio.
20. Distinguishbetweenfundflowstatement&cashflowstatement.

16MARKS

1. Writetheformat(profoma)oftrading&profit&lossA/c.
2. Listoutthesignificanceofcashflowstatement
3. Differentiatefundflowstatement&cashflowstatement.
4. Writeandexplaintheelementsofbalancesheet.
5. Writetheformatofcashflowstatement.
6. Writetheformatoffundflowstatement.
7. Writeshortnotesona)returnoninvestmentb)turnoverratioc)solvencyratio
8. Whatdoyoumeanbyanalysis&interpretationoffinancialstatements?Explainvarious
techniquesofanalysis.
9. Comparativefinancialstatementsarepreparedbasedonpastdataforfutureprojections.
Explainwithformat.
10. Formulatethefollowinga)financialratiosb)turnoverratiosd)profitabilityratios.
11. SimpleProblemsintrading&profit&lossa/c

QuestionBankPreparedbyDepartmentofManagementStudiesforIT

ENGINEERINGECONOMICSANDFINANCIALACCOUNTING

UNITVI

2MARKS

1. Whatiscapitalbudgeting?
2. Whataretheobjectivesofpreparingcapitalbudget?
3. Whatfactorsinfluencecapitalexpendituredecisions?
4. Namethedifferentmethodsofcapitalbudgeting.
5. Whataretheadvantagesofaccountingrateofreturn?
6. WhatisNPV?
7. WhatarethedemeritsofIRR?
8. CompareIRRwithNPVmethodofcapitalbudgeting.
9. Whatiscapitalrationing?
10. Whatarethetraditionalmethodsofcapitalbudgeting?
11. Howtoevaluatebudgetproposalusingpaybackmethod?
12. Formulatea)NPVb)profitabilityindexmethod.
13. Whatdoyoumeanbydiscountedpaybackmethod?
14. WhatarethemeritsofNPVmethod?
15. Whataretheadvantagesofpaybackmethod?
16. Whatfactorsinfluencecashinflow&cashoutflow?
17. ExplainthemethodofcalculationofNPVmethod?
18. Whatimprovementsweremadeintraditionalapproach?
19. Whatisdiscountedpaybackmethod?
20. Whatismeantbyrisk&uncertainty?

16MARKS

1. Whatiscapitalbudgeting?Explainitsfeatures&objectives.
2. Explainindetailsignificanceofcapitalbudgeting.
3. Whatarethevariousfactorsinfluencingcapitalexpendituredecisions?
4. Whatarethevariousmethodsofevaluationofinvestmentproposals?
5. Explainindetailtraditionalmethodsofcapitalbudgeting.
6. Explainindetailaboutdiscountedcashflowmethods.
7. Whataretheadvantages&disadvantagesofpaybackmethod?
8. ExplainindetailonNPV&itsmethodsincludingmerits&demerits.
9. Explainindetailaboutmethodsofdealingwithrisk.
10. Writeshortnotesona)paybackb)NPVc)ARRd)IRR.
11. Simpleproblemsona)paybackb)NPVc)ARRd)IRR.

QuestionBankPreparedbyDepartmentofManagementStudiesforIT