Anna University Chennai 2005 B.E Electrical and Electronics Engineering / B.Tech - university paper

B.E / B.Tech. Degree Examination, November / December 2005

VII – SEMSTER

Electrical and Electronics Engineering

MG 431-Engineering Economics and Financial Accounting

Time: 3hrs Max .Marks: 100

ans all ques.

PART – A (10 x two = 20 Marks)

1. List the factors influencing managerial decision.

i) Economic factors ii) Technological factors

iii) Environmental factors and iv) Human factors

2. Define managerial economics

3. What is demand forecast?

4. State 4 determinants of demand

5. Define production function.

6. How do you estimate cost?

7. List out the different pricing methods.

8. What are determinants of price?

9. What is key concept of cash flow?

10. Name any 2 methods of evolving investment decision.



PART – B (5 x 16 = 80 Marks)

11. (i) Briefly discuss the basic tools in managerial economics

11. (ii) Discuss the different theoretical concepts in managerial decisions.

12. (a) Explain the different methods of demand forecasting with merits and
demerits

12. (b) (i) discuss the meaning of elasticity.

12. (b) (ii) elaborate the methods to measure the elasticity of demand? discuss them.

13. (a) (i) Explain the cost-output relationship.

13. (a) (ii) Differentiate the concepts in accounting cost and economic cost.

13. (b) (i) What is meant by statistical production function?

13. (b) (ii) explain the various managerial uses of production function.

14. (a) Briefly explain pricing under various market conditions.

14. (b) Explain the various methods of pricing.

15. (a) Discuss a few of the modern methods of investment valuation with their
merits and demerits.

15. (b) Explain the purpose of preparing balance sheet and list out important
details furnished in a balance sheet of company.

Earning:   Approval pending.