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    10 views1 page

    Economics and Principles of Management - QP For Cycle Test II

    Uploaded by

    Prabha Karan
    hj

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    SRM UNIVERSITY

    FACULTY OF ENGINEERING AND TECHNOLOGY


    RAMAPURAM CAMPUS PART,
    VADAPALANI
    B.TECH PROGRAMME CYCLE TEST I1

    SRM UNIVERSITY
    FACULTY OF ENGINEERING AND TECHNOLOGY
    RAMAPURAM CAMPUS PART,
    VADAPALANI
    B.TECH PROGRAMME CYCLE TEST I1

    Time :

    Time :

    9.00 to 10.40 a.m

    Max. Marks : 50

    ME 0401 Economics and Principles of Management


    Part A (9 x 2 = 18 marks)
    Answer ALL Questions
    1.
    2.
    3.
    4.
    5.
    6.
    7.
    8.
    9.

    Differentiate Average Cost and Marginal Cost.


    What is economic optimization?
    What are the objectives of pricing?
    What are the types of costs
    What is the importance of demand forecasting?
    What do you mean by market supply?
    What is the importance of economic optimization?
    Define Management.
    What do you understand by Income Elasticity?
    Part B (2x16 = 32 marks)

    Answer ANY TWO Questions


    10. Explain the scope of economics
    11. Explain the importance of economics to engineers
    12. Discuss the various methods of demand forecasting

    9.00 to 10.40 a.m

    Max. Marks : 50

    ME 0401 Economics and Principles of Management


    Part A (9 x 2 = 18 marks)
    Answer ALL Questions
    1.
    2.
    3.
    4.
    5.
    6.
    7.
    8.
    9.

    Differentiate Average Cost and Marginal Cost.


    What is economic optimization?
    What are the objectives of pricing?
    What are the types of costs
    What is the importance of demand forecasting?
    What do you mean by market supply?
    What is the importance of economic optimization?
    Define Management.
    What do you understand by Income Elasticity?
    Part B (2x16 = 32 marks)

    Answer ANY TWO Questions


    10. Explain the scope of economics
    11. Explain the importance of economics to engineers
    12. Discuss the various methods of demand forecasting

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