Download GTU B.Tech 2020 Winter 4th Sem 3140911 Economics For Engineers Question Paper

Download GTU (Gujarat Technological University Ahmedabad) B.Tech/BE (Bachelor of Technology/ Bachelor of Engineering) 2020 Winter 4th Sem 3140911 Economics For Engineers Previous Question Paper

Seat No.: ________
Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
BE- SEMESTER?IV (NEW) EXAMINATION ? WINTER 2020
Subject Code:3140911 Date:09/02/2021
Subject Name:Economics for Engineers
Time:02:30 PM TO 04:30 PM Total Marks:56
Instructions:
1. Attempt any FOUR questions out of EIGHT questions.

2. Make suitable assumptions wherever necessary.

3. Figures to the right indicate full marks.

MARKS
Q.1 (a) Define economics. Why is the study of Economics useful for engineers?
03
(b) What is difference between fixed cost and variable cost?
04
(c) Explain Economics decisions making process.
07
Q.2 (a) Write down types of Estimate.
03
(b) Explain Recurring And Nonrecurring Costs.
04
(c) Write short notes on Marginal & Average Costs.
07

Q.3 (a) Define Life-Cycle Costs.
03
(b) Short note: Segmenting Model.
04
(c) Explain Income Elasticity of Demand with example.
07

Q.4 (a) What is Sunk Costs?
03
(b) Explain time value of money.
04
(c) Write short notes on breakeven analysis.
07
Q.5 (a) Define Debt repayment.
03
(b) Explain nominal and effective interest.
04
(c) Explain Annual Cash Flow Analysis.
07

Q.6 (a) Write definition of inflation.
03
(b) Explain Internal Rate Of Return.
04
(c) Explain Composite Vs Commodity Indexes.
07
Q.7 (a) Define cash flow.
03
(b) Write effects and causes of inflation.
04
(c) Explain Price Change with Indexes.
07

Q.8 (a) What is Borrowed Money Viewpoint?
03
(b) Explain Future Worth Analysis.
04
(c) Explain End-Of-Year Convention.
07
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