Download GTU BE/B.Tech 2019 Winter 3rd Sem New 2130004 Engineering Economics And Management Question Paper

Download GTU (Gujarat Technological University) BE/BTech (Bachelor of Engineering / Bachelor of Technology) 2019 Winter 3rd Sem New 2130004 Engineering Economics And Management Previous Question Paper

1
Seat No.: ________ Enrolment No.___________

GUJARAT TECHNOLOGICAL UNIVERSITY

BE - SEMESTER ? III (New) EXAMINATION ? WINTER 2019
Subject Code: 2130004 Date: 26/11/2019

Subject Name: Engineering Economics and Management
Time: 02:30 PM TO 05:00 PM Total Marks: 70
Instructions:

1. Attempt all questions.

2. Make suitable assumptions wherever necessary.

3. Figures to the right indicate full marks.

Q.1 (a) Differentiate between Microeconomics and Macroeconomics. 03
(b) Briefly discuss the determinants of supply for any commodity. 04
(c) Explain: Law of Demand and supply 07
Q.2 (a) Define:
1. Sunk Cost
2. Opportunity Cost
3. Implicit Cost
03
(b) Differentiate between Monopoly and Perfect competition. 04
(c) Explain the law of variable production with suitable example. 07
OR
(c) Explain principle of ?Maslow?s need of hierarchy?. 07
Q.3 (a) Explain the role of CRR as the important controlling tool of RBI. 03
(b) Discuss the functions of money. 04
(c) What are the causes of poverty and which measures should be
taken to reduce poverty?
07
OR
Q.3 (a) Which are the different measures for national income? Discuss
briefly.
03
(b) Explain briefly: Price determination in oligopolistic market. 04
(c) Discuss: Product layout with its advantages and disadvantages. 07
Q.4 (a) Explain ?Moving Average Method? as quantitative tool of
forecasting.
03
(b) Short note: Role of financial management in economics 04
(c) Which measures are to be applied to control inflation? Discuss. 07
OR
Q.4 (a) What are the short term finance sources? 03
(b) Briefly explain Break Even Analysis. 04
(c) Discuss: Business ethics and its importance in corporate world. 07
Q.5 (a) Discuss the importance of planning as tool of function of
management.
03
(b) Discuss the contribution of Gillberths. 04
(c) Explain skills and role of required by managers. 07
OR

Q.5 (a) Discuss the advantages of matrix organization. 03
(b) Explain: Span of Control. 04
(c) Explain 4P?s of marketing in details. 07
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