Question 1
(a)
Define: Economics, Management and Ethics.
3 Marks
(b)
Explain Perfect Competition Market with its characteristics.
4 Marks
(c)
List and describe four determinants of productivity.
7 Marks
Gujarat Technological UniversitySummer 2025 Examination
GTU 3140709 Principles of Economics and Management (PEM) Summer 2025 Paper Solution & PDF
B.E. · Computer Engineering · Semester 4 · Subject Code: 3140709
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
Question 2
(a)
In what ways is economics a science?
3 Marks
(b)
An increase in the demand for notebooks raises the quantity of notebooks demanded but not the quantity supplied.” Is this statement true or false? Explain.
4 Marks
(c)
Describe the break even analysis curve with suitable example.
7 Marks
OR OPTION
(c)
Define the price elasticity of supply. Explain why the price elasticity of supply might be different in the long run than in the short run.
7 Marks
Question 3
(a)
Discuss the characteristics of Oligopoly market.
3 Marks
(b)
Explain Law of variable proportions.
4 Marks
(c)
Explain GNP, GDP, NNP,NDP.
7 Marks
OR OPTION
(a)
Describe causes of inflation.
3 Marks
(b)
What do you understand by term absolute & relative poverty.
4 Marks
(c)
Explain in detail what items would you include to figure out the opportunity cost of a vacation to Disney World.
7 Marks
Question 4
(a)
Explain with example sunk cost and variable cost
3 Marks
(b)
Differentiate management and administration..
4 Marks
(c)
Explain the types of managers with examples.
7 Marks
OR OPTION
(a)
Describe functions of RBI
3 Marks
(b)
Explain Needs Maslow’s theory of management.
4 Marks
(c)
Explain types of money in detail.
7 Marks
Question 5
(a)
Enlist types of money.
3 Marks
(b)
Explain importance of Corporate Social Responsibility.
4 Marks
(c)
Explain skills of managers in detail.
7 Marks
OR OPTION
(a)
Justify Management is an art .
3 Marks
(b)
Explain Business Ethics in detail.
4 Marks
(c)
Explain importance & attributes of culture in an organization.
7 Marks
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About this Examination Paper & Attribution
Official Gujarat Technological University (GTU) examination paper and step-by-step solutions for Principles of Economics and Management (PEM) (Summer 2025, 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.