PE&M (3140709) IMP

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Unit-1 Introduction to Economics (8-9 Marks)

1. What do you mean by elasticity? Explain the types of elasticity with example.

2.What is demand? Explain law of demand.

3.Compare Micro Economics and Macro Economics.

4.What do you mean by Demand and Supply? Explain the law of
Supply?

5.Write a detailed note on ‘Demand and supply Equilibrium’ with
diagram.

6.Define Economics? Why is the study of Economics useful for
engineers?

Unit-2 Theory Of Production and Cost(8-9 Marks)


1.Write a detailed note on ‘Break Even Analysis’ with diagram.

2.Explain various types of costs with suitable examples.

3.Define the term production and explain factors affecting
industrial production.

4.Give examples of final and intermediate goods.

5.If all producers and sellers offer same standard quality of product
it is called _______ product.

Unit-3 Markets amd national Income (8-9 Marks)

1.Write the full forms of GDP, GNP, NNP and NDP. Explain these
concepts and elaborate how they are calculated.

2.Write a detailed note on:
     Monopoly Market
      Oligopoly Market.

3.What is monopoly? Differentiate between perfect competition
and monopolistic competition.

4.Define national income and discuss stock and flow concept.

5.What is Per Capita Income?

Unit-4 Basic Encomic Problem(8-9 Marks)

1.Discuss various causes and eradication measures of inflation.

2.Unemployment is a very serious economic problem. Discuss its
types, causes and remedies.

3.What is poverty? Discuss various types of poverty.

4.Explain causes of poverty.

5.Explain types of inflation.

6.________ reflects a reduction in the purchasing power per unit of
money. (Voluntary unemployment, Inflation, Balance of
payment)

7.Inflation belongs to which economics? Micro or Macro?

Unit-5 Money And Banking(8-9 Marks)

1.Explain various tools of Monetary Policy.

2.What is Money? Explain different functions of Money in detail.

3.Write about the various types of Banks. Explain Role and
Functions of RBI.

4.Why is money system needed? Explain how it overcomes the
problems of Barter exchange system?

5.What do you mean by Banking? List the types of Banking.

Unit-6 Introduction to Management(8-9 Marks)

1.Who is the father of Scientific Management? Discuss his
contribution in Theory of Management.

2.Describe principles of management.

3.Explain Maslow’s theory of Hierarchy of Needs with necessary
diagram.

4.Elaborate types of manager.

5.What is management? Elaborate the difference between
administration and management.

6.Management is an art. Justify your answer.

Unit-7 Functions Of Management (8-9 Marks)

1.Explain various functions of management.

2.Discuss various types of organizational structures with examples.

3.Write a note on (i) Authority and Responsibility (ii) Efficiency and
Effectiveness.

4.What is the principal of organization? Explain types of
organization.

5.Comment : Planning is an essential function of organization.
Justify your answer with suitable examples.

6.Discuss in brief ‘Departmentalization’.

Unit-8 Organizational Culture(7 Marks)

Unit-9 Corporate Social Responsibility(3-4Marks)

1.Give full form of CSR and define it. Explain importance of CSR.

2.Define Business Ethics with its Importance.

3.Define Corporate Social responsibility and state its
Characteristics.

economic principles - Debandje

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