Q.1
14 Marks(a)
Draw the diagram for the flow of goods, services, resources and money payments in a simple economy.
(c)
Explain the determinants of elasticity of demand in detail.
Gujarat Technological UniversitySummer 2023 examination
GTU 3140709 Principles of Economics and Management (PEM) Summer 2023 Question Paper & PDF
B.E. · Computer Engineering · Semester 4 · Subject code 3140709
- 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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17 of 26 questions on this paper were also asked in other years. 2 more are types of question GTU sets again with new data. Each is marked below with the years it appeared.See all 41 repeated 3140709 questions, most asked first
Q.2
14 Marks(a)
Describe objectives of fiscal policy.
Also asked in Summer 2026 Q4c OR, Winter 2024 Q5a OR, Winter 2023 Q3c
(b)
Explain functions of RBI in brief.
Also asked in Winter 2025 Q3c OR, Summer 2025 Q4a OR, Winter 2023 Q3c OR
(c)
XYZ IT Solution Ltd has the following details:
Fixed cost = Rs. 20,00,000 Variable cost per unit = Rs. 100 Selling price per unit = Rs. 200 Find the following:
aThe break-even sales quantity,
bThe break-even sales
cIf the actual production quantity is 60,000, find contribution and Margin of Sales
Also asked in Summer 2026 Q2c, Summer 2026 Q2c OR
OR
(c)
Consider the following data of a company for the year 2022:
Sales = Rs. 1,20,000 Fixed cost = Rs. 25,000 Variable cost = Rs. 45,000 Find the following:
aContribution
bProfit
cBreak Even Point (BEP)
Also asked in Summer 2026 Q2c, Summer 2026 Q2c OR
(d)
Margin of Sales
Q.3
14 Marks(b)
Describe absolute and relative poverty in brief.
Also asked in Summer 2026 Q3b OR, Summer 2025 Q3b OR, Summer 2024 Q3b
(c)
Explain various types of markets with their characteristics.
Also asked in Summer 2026 Q3a, Summer 2024 Q2c OR
OR
(a)
Write a brief note on personal income.
(c)
Define meaning of unemployment. Describe various types of unemployment with suitable example.
Q.4
14 Marks(a)
Explain nature of staffing in management.
(b)
Describe importance of planning in management.
Also asked in Summer 2026 Q5a, Winter 2025 Q5b, Winter 2024 Q4a, Summer 2024 Q5b
(c)
Henri Fayol has stated 14 administrative principles of management. Enlist them and explain any four of them.
Also asked in Summer 2024 Q4c OR
OR
(a)
Compare management and administration.
Also asked in Summer 2026 Q4a OR, Winter 2025 Q4b OR, Summer 2025 Q4b, Winter 2024 Q4a OR, Winter 2023 Q4b OR
Q.5
14 Marks(a)
Explain attributes of culture in brief.
(b)
Explain importance of business ethics in the IT firm.
Also asked in Winter 2025 Q5c, Summer 2025 Q5b OR, Winter 2023 Q5c
(c)
Explain Maslow’s theory of Hierarchy of Needs with appropriate diagram.
Also asked in Summer 2026 Q4b OR, Winter 2025 Q4b, Summer 2025 Q4b OR, Winter 2024 Q3b, Summer 2024 Q4b OR, Winter 2023 Q4b
OR
(c)
Discuss principles of Scientific Management.
Also asked in Winter 2025 Q4c OR, Winter 2024 Q5c, Winter 2023 Q4c OR
More Principles of Economics and Management papers
Questions repeat across sessions. Working through two or three papers shows you which topics GTU asks most.
Other Semester 4 subjects
BE Computer
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About this paper
Official Gujarat Technological University (GTU) examination paper for Principles of Economics and Management (PEM) (Summer 2023, B.E. · Computer 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.