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SUBJECT CODE:EHU-501
ENGINEERING & MANAGERIAL ECONOMICS
Question Bank
UNIT-I
1. Explain the Meaning of Economics?
2. Describe in detail the Nature and Scope of managerial economics?
3. What is the meaning of Science, Engineering and Technology in relation to economics?
4. What are Managerial Economics and its scope in engineering perspective?
5. What do you mean by micro economics?
6. Explain macro economics?
7. How managerial economics does helps in decision making?
8. Explain the features and characteristics of managerial economics?
9. Under what heads Economics can be studied?
10. Explain the Relationship between managerial economic, economic, and other subjects?
UNIT-II
1. What do you mean by Demand?
2. Explain the Law of Demand?
3. Explain the demand schedule?
4. Explain the Demand Function and Demand Curve?
5. What are the Types of Demand?
6. What are the factors/determinants affecting demand?
7. Describe the exception to th e law of demand?
8. What do you mean by elasticity?
9. Explain the types of elasticities?
10. What are the determinants of elasticities?
11. Explain price elasticity?
12. What is income elasticity?
13. What do you mean by cross elasticity?
14. Elaborate the uses of elasticity of demand in managerial decision making?
UNIT-III
1. Explain the Meaning, significance demand forecasting?
2. What are the methods of demand forecasting?
3. Describe the production function?
4. What do you mean by Laws of returns to scale?
5. Explain Law of Diminishing returns scale?
6. What do you mean by cost?
7. Give an overview of Short and Long run cost curves?
8. What are the different types of cost?
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TEST PAPERS
KANPUR INSTITUTE OF TECHNOLOGY
CLASS TEST -1
B.TECH (ME)
SUBJECT CODE: EHU-501
ENGINEERING & MANAGERIAL ECONOMICS
SET A
Time: 50 min
Total Marks: 8
Attempt all Questions
All questions carry 2 marks each:
1. Explain the Relationship between managerial economic, economic, and other subjects?
2. Explain the features and characteristics of managerial economics?
3. Under what heads Economics can be studied?
4. Explain the Relationship between managerial economic, economic, and other subjects
KANPUR INSTITUTE OF TECHNOLOGY
CLASS TEST -1
B.TECH (ME)
SUBJECT CODE: EHU-501
ENGINEERING & MANAGERIAL ECONOMICS
SET B
Total Marks: 8
Time: 50 min
Attempt all Questions
All questions carry 2 marks each:
1. Describe in detail the Nature and Scope of managerial economics?
2. Differentiate between micro and macro economics?
3. Explain macro economics?
4. How managerial economics does helps in decision making?
Total Marks: 8
Total Marks: 8
Total Marks: 8
ASSIGNMENTS
KANPUR INSTITUTE OF TECHNOLOGY
ASSIGNMENT-1
B.TECH (ME)
SUBJECT CODE: EHU-501
ENGINEERING & MANAGERIAL ECONOMICS
Submission date:20/8/10
Total Marks: 2
Total Marks: 2
Total Marks: 2
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Total Marks: 2