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picture1_Managerial Economics Pdf For Mba 127137 | Pmf1e Item Download 2022-10-12 23-59-29


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File: Managerial Economics Pdf For Mba 127137 | Pmf1e Item Download 2022-10-12 23-59-29
measi institute of management chennai 14 approved by all india council of technical education and affiliated to the university of madras iso 9001 2015 certified institute pmfie managerial economics question ...

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                                 MEASI INSTITUTE OF MANAGEMENT 
                                                   CHENNAI-14 
                                Approved by All India Council of Technical Education and 
                         Affiliated to the University of Madras, ISO 9001:2015 Certified Institute 
                          
         
         
         
         
         
         
         
         
         
         
         
         
         
                PMFIE- Managerial Economics 
                                             
                               Question Bank 
         
         
         
                                       
                               
         
                                               
                                      Prepared By 
                       Dr. S.G. BALAJI, M.B.A., PGDIB., M.Phil., Ph.D. 
                   Associate Professor  - Academic and Re3search & Development 
                     MEASI Institute of Management, Royapettah, Chennai – 14.  
                                               
        Prepared By Dr S G BALAJI, MBA, PGDIB, M.phil, Ph.D. Associate Professor – Academic and R&D 
        MEASI Institute of Management, Royapettah, Chennai -14.  
         
                                         MEASI INSTITUTE OF MANAGEMENT 
                                                                 CHENNAI-14 
                                         Approved by All India Council of Technical Education and  
                                Affiliated to the University of Madras, ISO 9001:2015 Certified Institute 
                                 
                               
                                                                 
                 VISION & MISSION STATEMENTS 
                  
                      VISION; 
                     •   To emerge as the most preferred Business School with Global recognition by 
                         producing  most  competent  ethical  managers,  entrepreneurs  and  researchers 
                         through quality education. 
                      MISSION; 
                      •   Knowledge through quality teaching learning process; To enable the students 
                          to meet the challenges of the fast challenging global business environment through 
                          quality teaching learning process. 
                      •   Managerial  Competencies  with  Industry  institute  interface;  To  impart 
                          conceptual and practical skills for meeting managerial competencies required in 
                          competitive environment with the help of effective industry institute interface. 
                      •   Continuous Improvement with the state of art infrastructure facilities; To aid 
                          the  students  in  achieving  their  full  potential  by  enhancing  their  learning 
                          experience with the state of art infrastructure and facilities. 
                      •   Values and Ethics; To inculcate value based education through professional 
                          ethics, human values and societal responsibilities. 
                      PROGRAMME EDUCATIONAL OBJECTIVES (PEOs) 
                              PEO 1; Placement; To equip the students with requisite knowledge skills 
                              and right attitude necessary to get placed as efficient managers in corporate 
                              companies. 
                              PEO 2; Entrepreneur; To create effective entrepreneurs by enhancing 
                              their critical thinking, problem solving and decision-making skill. 
                              PEO 3; Research and Development; To make sustained efforts for 
                              holistic development of the students by encouraging them towards research 
                              and development. 
                              PEO4; Contribution to Society; To produce proficient professionals with 
                              strong integrity to contribute to society. 
                 Prepared By Dr S G BALAJI, MBA, PGDIB, M.phil, Ph.D. Associate Professor – Academic and R&D 
                 MEASI Institute of Management, Royapettah, Chennai -14.  
                  
                                                                                                                  
                                                                  MEASI INSTITUTE OF MANAGEMENT 
                                                                                                         CHENNAI-14 
                                                               Approved by All India Council of Technical Education and 
                                                Affiliated to the University of Madras, ISO 9001:2015 Certified Institute 
                                                 
                         
                         
                               Program Outcome; 
                                          PO1; Problem Solving Skill; Apply knowledge of management theories 
                                          and practices to solve business problems. 
                         
                                          PO2; Decision Making Skill; Foster analytical and critical thinking abilities for 
                                          data-based decision making. 
                         
                                          PO3; Ethical Value; Ability to develop value based leadership ability. 
                         
                         
                                          PO4; Communication Skill; Ability to understand, analyze and 
                                          communicate global, economic, legal and ethical aspects of business. 
                         
                                          PO5; Individual and Leadership Skill; Ability to lead themselves and others in 
                                          the achievement of organizational goals, contributing effectively to a team 
                                          environment. 
                         
                                          PO6; Employability Skill; Foster and enhance employability skills through 
                                          subject knowledge. 
                         
                         
                                          PO7; Entrepreneurial Skill; Equipped with skills and competencies to become 
                                          an entrepreneur. 
                         
                                          PO8; Contribution to community; Succeed in career endeavors and 
                                          contribute significantly  to the community. 
                         
                         
                         
                        Prepared By Dr S G BALAJI, MBA, PGDIB, M.phil, Ph.D. Associate Professor – Academic and R&D 
                        MEASI Institute of Management, Royapettah, Chennai -14.  
                         
                                                                                                                  
                                                                  MEASI INSTITUTE OF MANAGEMENT 
                                                                                                         CHENNAI-14 
                                                               Approved by All India Council of Technical Education and 
                                                Affiliated to the University of Madras, ISO 9001:2015 Certified Institute 
                                                 
                                  PMFIE  -   MANAGERIAL ECONOMICS -   IMPORTANT QUESTIONS 
                                                                PART – A      (1 MARK QUESTIONS) 
                        Unit I 
                             1.  Define Managerial Economics 
                             2.  What is Micro Economics? 
                             3.  What is Macro Economics? 
                             4.  State the fundamental concepts of Managerial economics. 
                             5.  Explain equimarginal concept. 
                             6.  What do you mean by opportunity cost? 
                        Unit II 
                             1.  Explain Utility Analysis? 
                             2.  What is Law of Demand? 
                             3.  Define elasticity. 
                             4.  Short notes on cross elasticity of demand. 
                             5.  What is individual demand? 
                             6.  What is derived demand? 
                             7.  What is consumer Behavior? 
                             8.  What is Consumer equilibrium? 
                             9.   What is capital goods? 
                             10. What is demand forecasting? 
                             11. What is demand curve? 
                             12. What is marginal Utility? 
                        Unit – III 
                             1.  Define production function? 
                             2.   What is Isoquants? 
                             3.  What is Isocost? 
                             4.  Define economics of scale. 
                             5.  Bring out the importance of cost. 
                             6.  State the characteristics of isoquants. 
                             7.  Explain cost concepts? 
                             8.  What is short run cost? 
                             9.  What is long run cost? 
                             10. Define Monopoly. 
                             11. Explain duopoly? 
                             12. What is perfect competition? 
                        Prepared By Dr S G BALAJI, MBA, PGDIB, M.phil, Ph.D. Associate Professor – Academic and R&D 
                        MEASI Institute of Management, Royapettah, Chennai -14.  
                         
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...Measi institute of management chennai approved by all india council technical education and affiliated to the university madras iso certified pmfie managerial economics question bank prepared dr s g balaji m b a pgdib phil ph d associate professor academic research development royapettah mba r vision mission statements emerge as most preferred business school with global recognition producing competent ethical managers entrepreneurs researchers through quality knowledge teaching learning process enable students meet challenges fast challenging environment competencies industry interface impart conceptual practical skills for meeting required in competitive help effective continuous improvement state art infrastructure facilities aid achieving their full potential enhancing experience values ethics inculcate value based professional human societal responsibilities programme educational objectives peos peo placement equip requisite right attitude necessary get placed efficient corporate ...

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