MS3301 Economics for business decisions, Third year, Department of Mechanical Sandwich Engineering, first and second Units Questions.

MS3301 Economics for business decisions, Third year, Department of Mechanical Sandwich Engineering, first and second Units Questions.

PART-A(10 x 2 = 20 Marks)

1. Definition of economics?

2. What is meant by science of wealth?

3. Define economics of science?

4. Define nature of economics?

5. What is meant by micro-economic analysis?

6. Definition of business economics?

7. Define economics intelligence?

 8. Define study of business operation?

9. What is meant by optimization?

10. Principles of time perspective?

                                               PART-B (5×16=80 Marks)

11. Explain the definitions of economics.

12. Explain a brief nature of economics.

13. Characteristics of business economics

14. Explain objectives of business economics

15. Explain scope of managerial or business economics.