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Gujarat Technological UniversitySummer 2023 Examination

GTU 2140003 Engineering Economics and Management Summer 2023 Paper Solution & PDF

B.E. · Common Engineering · Semester 4 · Subject Code: 2140003
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Total Marks70 MarksExternal theory exam
Passing Marks23 Marks33% minimum cutoff
Exam Duration2.5 Hours10:30 AM – 1:00 PM
Paper Structure5 QuestionsWith internal OR choices
Jump toQ1Q2Q3Q4Q5

Question 1

14 MarksMedium
(a)

Define economics and differentiate Macro and Micro economics. Explain importance of studying Economics.

3 Marks
(b)
Explain the law of demand with example.
4 Marks
(c)

Write a detailed note on Equilibrium between Supply and demand and explain with diagram and examples.

7 Marks

Question 2

14 MarksMedium
(a)
Write a short-note on Break Even Analysis.
3 Marks
(b)
Write a note on various types of Engineering Costs.
4 Marks
(c)
Define the term Production and discuss in detail factors of production.
7 Marks
OR OPTION
(c)
Explain price determination in different types of markets.
7 Marks

Question 3

14 MarksMedium
(a)
Explain meaning of unemployment and enlist its types.
3 Marks
(b)
Write a short note on types of money.
4 Marks
(c)
Discuss various measures to control inflation.
7 Marks
OR OPTION
(a)
Discuss nature and scope of management.
3 Marks
(b)
Write a short-note on ‘Span on Control’.
4 Marks
(c)
What is demand forecasting? Explain methods of demand Forecasting.
7 Marks

Question 4

14 MarksMedium
(a)
Write a short-note on functions of finance management.
3 Marks
(b)
Define manpower planning and explain the process of manpower planning.
4 Marks
(c)
Explain plant location and factors affecting plant location.
7 Marks
OR OPTION
(a)
Differentiate between management and administration.
3 Marks
(b)
Write a note on GDP and GNP.
4 Marks
(c)
Explain the Abraham Maslow’s theory of hierarchy of needs in detail with diagram.
7 Marks

Question 5

14 MarksMedium
(a)
Enlist different marketing concepts. Discuss any one of them.
3 Marks
(b)
Describe role of a financial manager?
4 Marks
(c)
What is recruitment? Explain the steps in the process of recruitment.
7 Marks
OR OPTION
(a)
Enlist the steps of the selection process and discuss briefly.
3 Marks
(b)
Explain meaning and characteristics of business ethics.
4 Marks
(c)

Define corporate social responsibility with its importance.

7 Marks
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About this Examination Paper & Attribution

Official Gujarat Technological University (GTU) examination paper and step-by-step solutions for Engineering Economics and Management (Summer 2023, B.E. · Common Engineering, Sem 4). Features complete 70-mark regular & remedial examination pattern, official marking distribution across all 5 questions, and direct 1-click official PDF download.

Transcribed for student exam preparation from Gujarat Technological University official examination archives. Questions, syllabus guidelines, and curriculum marking schemes remain the intellectual property of Gujarat Technological University.

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