EEFA VII Semester CSE PIT

ENGINEERING ECONOMICS AND FINANCIAL ACCOUNTING

IMPORTANT PART B QUESTIONS

UNIT - I

Q. No. Questions P. No.

1. Describe scope and significance of Economics 5

2, Distinguish between Micro and Macro Economics 8

3. Describe the nature and features of Economics 14

4. Discuss the linkages of Economics with other disciplines 16

5. Steps in Decision Making Process 198

6. Types of Managerial Decisions 200

7. Write Short Notes on:

Decisions Under Uncertainty

Decisions Under Risk

Decisions Under Certainty

203

UNIT - II

Q. No. Questions P. No.

1. Discuss the types and nature of demand 25

2, Factors determining demand 28`

3. What is law of demand? Show the changes of effect in demand with

diagram

31

4. Discuss the different degrees and measurement of elasticity 35

5. Explain the types of elasticity with examples 37

6. Discuss factors governing elasticity of demand 45

7. Discuss Point and Arc Elasticity 48

8. Methods of Demand Forecasting 69

9. Discuss Law of Supply. Discuss movements along the supply curve (vs)

shift in supply curve

85

10. Types of Elasticity of Supply 89

11. Factors determining Elasticity of Supply 90

12. Show the relationship of shift in demand and supply curve with diagram 92

EEFA VII Semester CSE PIT

UNIT - III

Q. No. Questions P. No.

1. What is Iso-Quant? Explain the various features of Iso-Quant 100

2, What is Marginal Rate of Technical Substitution 103

3. Discuss Cobb-Douglas Production Function 105

4. Explain the concept of returns to scale and its types 106

5. Show the cost-output relationship on Short-Run with diagram 123

6. Show the cost-output relationship on Long-Run with diagram 124

UNIT - IV

Q. No. Questions P. No.

1. Discuss the essentials of Market Performance 145

2, Explain the various features to design the structure of market 146

3. Discus the various market structures under imperfect competition 148

4. Compare and contrast the various market structures / situations 150

5. Discuss the features and causes of monopoly 164

6. What is Price Discrimination? Discuss its basis and advantages 166

7. Compare between perfect competition and monopoly 168

8. With suitable diagram explain kinked demand theory of oligopoly 181

9. Discuss the various pricing methods 186

10. Discuss the various strategy based pricing methods 188

11. Pricing strategies under times of stiff competition 190

UNIT - V

Q. No. Questions P. No.

1. What is capital budgeting? Discuss its decisions and significance 369

2, What is Pay-Back Period? Discuss its advantages and disadvantages 375 377

3. What is IRR? Discuss its advantages and disadvantages 384 387

4. What is Net Present Value (NPV)? Discuss its advantages and

disadvantages

388 391

5. Explain the types of ratios with examples

(Refer the formulas available in page no.325)

303

6. What is Cash Flow Statement? Discuss the sources of cash and

applications / Uses of Cash

325 353

7. Proforma Statement of Cash from operations 354

8. Uses and limitations of Cash Flow Analysis 364

9. Discuss the preparation of Trial Balance 240

10. Format of Trading Account 252

11. Format of Profit and Loss (P & L) Account 254

Note: Please see the workout problems in prescribed book (Unit V) questions colored in BLUE

The questions highlighted in RED are repeatedly asked University Questions.