1

1
JAYARAM

JAYARAM
COLLEGE OF ENGINEERING AND TECHNOLOGY
PAGALAVADI TIRUCHIRAPPALLI 621 014
DEPARTMENT OF SCIENCE AND HUMANITIES
UNIT TEST I July 2014
MG 2452 ENGINEERING ECONOMICS AND FINANCIAL
ACCOUNTING
YEAR/BRANCH: IV / CSE (A & B) & III / IT
MARKS: 80
SEMESTER: VII & V
TIME: 2 Hrs
PART A (8x2 = 16)
1. Managerial Economics is the application of _________________.
2. Managerial Economics uses various other disciplines- What
are they?
3. List out any four basic internal issues to be faced by a business
organization.
4. Give the meaning of a Firm.
5. How will you define a joint stock company?
6. What are statutory corporations? Give two examples.
7. Decision making is the process of choosing the best alternative
among various alternatives Give an example.
8. Write down the meaning of decision analysis.
PART B (4x16 = 64)
11. The Scope of Managerial Economics covers two areas of
decision making Narrate.
12. Bring out the nature and importance of managerial economics.
13. Partnership is different from Joint Stock Company
Elucidate.
14. Decision making is a step-by-step process Narrate.

PRINCIPAL

HOD

FACULTY IN-CHARGE

COLLEGE OF ENGINEERING AND TECHNOLOGY

PAGALAVADI TIRUCHIRAPPALLI 621 014
DEPARTMENT OF SCIENCE AND HUMANITIES
UNIT TEST I July 2014
MG 2452 ENGINEERING ECONOMICS AND FINANCIAL
ACCOUNTING
YEAR/BRANCH: IV / CSE (A & B) & III / IT
MARKS: 80
SEMESTER: VII & V
TIME: 2 Hrs
PART A (8x2 = 16)
1. Managerial Economics is the application of _________________.
2. Managerial Economics uses various other disciplines- What
are they?
3. List out any four basic internal issues to be faced by a business
organization.
4. Give the meaning of a Firm.
5. How will you define a joint stock company?
6. What are statutory corporations? Give two examples.
7. Decision making is the process of choosing the best alternative
among various alternatives Give an example.
8. Write down the meaning of decision analysis.
PART B (4x16 = 64)
11. The Scope of Managerial Economics covers two areas of
decision making Narrate.
12. Bring out the nature and importance of managerial economics.
13. Partnership is different from Joint Stock Company
Elucidate.
14. Decision making is a step-by-step process Narrate.

PRINCIPAL

HOD

FACULTY IN-CHARGE

2
JAYARAM

COLLEGE OF ENGINEERING AND TECHNOLOGY

PAGALAVADI TIRUCHIRAPPALLI 621 014
DEPARTMENT OF SCIENCE AND HUMANITIES
UNIT TEST I July 2014
MG 2452 ENGINEERING ECONOMICS AND FINANCIAL
ACCOUNTING
YEAR/BRANCH: IV / CSE (A & B) & III / IT
MARKS: 80
SEMESTER: VII & V
TIME: 2 Hrs
1.
2.
3.
4.
5.
6.
7.
8.

PART A (8x2 = 16)

Managerial Economics is very important to business managers
State the significance.
List down any four external issues faced by a business organization.
Managerial Economics is also called applied Economics Why?
Give any four objectives of a firm.
A partnership firm may have various types of partners List them.
Depict the meaning of unlimited liability.
Write down the different types of decisions.
Decisions can be made under different conditions Specify the
conditions.

PART B (4x16 = 64)

JAYARAM
COLLEGE OF ENGINEERING AND TECHNOLOGY
PAGALAVADI TIRUCHIRAPPALLI 621 014
DEPARTMENT OF SCIENCE AND HUMANITIES
UNIT TEST I July 2014
MG 2452 ENGINEERING ECONOMICS AND FINANCIAL
ACCOUNTING
YEAR/BRANCH: IV / CSE (A & B) & III / IT
MARKS: 80
SEMESTER: VII & V
TIME: 2 Hrs
PART A (8x2 = 16)
1. Managerial Economics is very important to business managers
State the significance.
2. List down any four external issues faced by a business organization.
3. Managerial Economics is also called applied Economics Why?
4. Give any four objectives of a firm.
5. A partnership firm may have various types of partners List them.
6. Depict the meaning of unlimited liability.
7. Write down the different types of decisions.
8. Decisions can be made under different conditions Specify the
conditions.

PART B (4x16 = 64)

11. Managerial Economics has different characteristics Brief about

them. Also narrate the importance of the study of managerial economics.

11. Managerial Economics has different characteristics Brief about

them. Also narrate the importance of the study of managerial economics.

12. Managerial Economics borrows heavily from other disciplines

Discuss the relationship.

12. Managerial Economics borrows heavily from other disciplines

Discuss the relationship.

13. There are three forms of statutory corporations Expose.

13. There are three forms of statutory corporations Expose.

14. Depict the rational decision making process and also state how you
will make decisions under different conditions.

14. Depict the rational decision making process and also state how you
will make decisions under different conditions.

PRINCIPAL

HOD

FACULTY IN-CHARGE

PRINCIPAL

HOD

FACULTY IN-CHARGE