Gujarat Technological UniversitySummer 2025 examination

GTU 3140709 Principles of Economics and Management (PEM) Summer 2025 Question Paper & PDF

B.E. · Computer Engineering · Semester 4 · Subject code 3140709
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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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13 of 25 questions on this paper were also asked in other years. Each is marked below with the years it appeared.See all 41 repeated 3140709 questions, most asked first

Q.1

14 Marks
(a)
3 marks
Define: Economics, Management and Ethics.
(b)
4 marks
Explain Perfect Competition Market with its characteristics.
(c)
7 marks
List and describe four determinants of productivity.

Q.2

14 Marks
(a)
3 marks
In what ways is economics a science?
(b)
4 marks

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.

(c)
7 marksAsked in 4 of 7 papers
Describe the break even analysis curve with suitable example.

Also asked in Winter 2025 Q2a, Winter 2024 Q2c, Winter 2023 Q2a

(c)
7 marks

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.

Q.3

14 Marks
(a)
3 marks
Discuss the characteristics of Oligopoly market.
(b)
4 marks
Explain Law of variable proportions.
(c)
7 marksAsked in 2 of 7 papers
Explain GNP, GDP, NNP,NDP.

Also asked in Summer 2023 Q3b OR

(a)
3 marksAsked in 3 of 7 papers
Describe causes of inflation.

Also asked in Winter 2024 Q3a OR, Summer 2023 Q3a

(b)
4 marksAsked in 4 of 7 papers
What do you understand by term absolute & relative poverty.

Also asked in Summer 2026 Q3b OR, Summer 2024 Q3b, Summer 2023 Q3b

(c)
7 marks

Explain in detail what items would you include to figure out the opportunity cost of a vacation to Disney World.

Q.4

14 Marks
(a)
3 marks
Explain with example sunk cost and variable cost
(b)
4 marksAsked in 6 of 7 papers
Differentiate management and administration..

Also asked in Summer 2026 Q4a OR, Winter 2025 Q4b OR, Winter 2024 Q4a OR, Winter 2023 Q4b OR, Summer 2023 Q4a OR

(c)
7 marks
Explain the types of managers with examples.
(a)
3 marksAsked in 4 of 7 papers
Describe functions of RBI

Also asked in Winter 2025 Q3c OR, Winter 2023 Q3c OR, Summer 2023 Q2b

(b)
4 marksAsked in 7 of 7 papers
Explain Needs Maslow’s theory of management.

Also asked in Summer 2026 Q4b OR, Winter 2025 Q4b, Winter 2024 Q3b, Summer 2024 Q4b OR, Winter 2023 Q4b, Summer 2023 Q5c

(c)
7 marksAsked in 3 of 7 papers
Explain types of money in detail.

Also asked in Winter 2024 Q3a, Summer 2024 Q3c

Q.5

14 Marks
(a)
3 marksAsked in 3 of 7 papers
Enlist types of money.

Also asked in Winter 2024 Q3a, Summer 2024 Q3c

(b)
4 marksAsked in 5 of 7 papers
Explain importance of Corporate Social Responsibility.

Also asked in Summer 2026 Q5c OR, Winter 2025 Q5c OR, Winter 2024 Q4c OR, Winter 2023 Q5c OR

(c)
7 marksAsked in 4 of 7 papers
Explain skills of managers in detail.

Also asked in Winter 2025 Q4a OR, Summer 2024 Q4a OR, Winter 2023 Q4a

(a)
3 marksAsked in 2 of 7 papers
Justify Management is an art .

Also asked in Summer 2024 Q4a

(b)
4 marksAsked in 4 of 7 papers
Explain Business Ethics in detail.

Also asked in Winter 2025 Q5c, Winter 2023 Q5c, Summer 2023 Q5b

(c)
7 marks
Explain importance & attributes of culture in an organization.

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About this paper

Official Gujarat Technological University (GTU) examination paper 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.

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