Gujarat Technological UniversitySummer 2024 examination

GTU 2140003 Engineering Economics and Management Summer 2024 Question Paper & PDF

B.E. · Common Engineering · Semester 4 · Subject code 2140003
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Total
70 marks
To pass
23 marks (33%)
Duration
2.5 Hours 10:30 AM – 1:00 PM
Questions
5 with internal choice
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Q.1

14 Marks
(a)
3 marks
Define economics and differentiate Macro and Micro economics.
(b)
4 marks
Explain the relation between demand and supply.
(c)
7 marks

Explain the concept of cost. Elaborate : Fixed cost, variable cost, total cost, average cost, marginal cost.

Q.2

14 Marks
(a)
3 marks
Explain : GDP, GNP, NNP
(b)
4 marks
How is national income measured? Discuss in detail.
(c)
7 marks

Discuss in detail four factors of production : Land, Labour, Capital and Entrepreneurship

(c)
7 marks
What is elasticity? Explain the elasticity of demand.

Q.3

14 Marks
(a)
3 marks
Explain the types of poverty.
(b)
4 marks
Differentiate between perfect competition and monopoly.
(c)
7 marks
Discuss various measures to control inflation.
(a)
3 marks
Discuss principles of organization briefly.
(b)
4 marks

What is unemployment? What are the types of unemployment? Discuss briefly.

(c)
7 marks
What are main objectives of the fiscal policy of India?

Q.4

14 Marks
(a)
3 marks
Elaborate difference between management and administration.
(b)
4 marks
Enlist 14 administrative principles set by Henry Fayol.
(c)
7 marks
What is the name of the central bank of India? What are its functions?
(a)
3 marks
What is span of control?
(b)
4 marks
Advantages and disadvantages of decentralization organizational structure.
(c)
7 marks
Explain the Abraham Maslow’s theory in detail with diagram.

Q.5

14 Marks
(a)
3 marks
Enlist different marketing concepts. Discuss any one of them.
(b)
4 marks
What is finance management? What are the functions of financial manager?
(c)
7 marks

What are the functions of production management and discuss factors affecting plant location.

(a)
3 marks
Enlist the steps of the selection process and discuss briefly.
(b)
4 marks
What are four Ps of marketing mix model? Discuss in detail.
(c)
7 marks

Define Corporate Social Responsibility with its Importance.

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About this paper

Official Gujarat Technological University (GTU) examination paper for Engineering Economics and Management (Summer 2024, 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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