Question 1
(a)
Explain the nature of economics.
3 Marks
(b)
Differentiate Macroeconomics and Microeconomics
4 Marks
(c)
What do you mean by market equilibrium ? How is it achived ? Explain with suitable example.
7 Marks
Gujarat Technological UniversitySummer 2026 Examination
GTU 3140709 Principles of Economics and Management (PEM) Summer 2026 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)
Define the term “factors of production”. Explain any two factors.
3 Marks
(b)
What is the meaning of cost in economics ? Explain any two types of cost.
4 Marks
(c)
A gym has monthly fixed costs of Rs. 80,000. They charge Rs. 500 for a monthly membership, with a variable cost of Rs. 260 per member. What is the break-even number of members needed to cover all costs?
7 Marks
OR OPTION
(c)
Consider a company with fixed costs of Rs. 2,00,000 and a product that sells for Rs. 1250 with a variable cost of Rs. 630. Calculate the break-even point and analyze the impact if they decide to lower the price to Rs. 1190.
7 Marks
Question 3
(a)
List types of markets.Explain characteristics of any one market.
3 Marks
(b)
Differentiate Monopoly and Perfect Compitition Markets.
4 Marks
(c)
Discuss various methods to calculate National Income.
7 Marks
OR OPTION
(a)
Write a short note on Unemployment.
3 Marks
(b)
Differentiate absolute poverty and relative poverty.
4 Marks
(c)
What do mean by inflation? Discuss how to reduce inflation.
7 Marks
Question 4
(a)
List and Explain characteristics of Money.
3 Marks
(b)
Write a short note on types and roles of managers.
4 Marks
(c)
Explain Monetary Policy with suitable example.
7 Marks
OR OPTION
(a)
Diffrentiate Management and Administration.
3 Marks
(b)
Write a short note on Maslow’s Hierarchy of needs theory.
4 Marks
(c)
Explain Fiscal Policy with suitable example.
7 Marks
Question 5
(a)
Define Planning in Management. Explain its role in organization sucess.
3 Marks
(b)
How does culture affect managers and employees.
4 Marks
(c)
Explain principles of organization.
7 Marks
OR OPTION
(a)
List Functions of Management.
3 Marks
(b)
List types of organizational structures. Explain any one of it.
4 Marks
(c)
Explain Corporate Social Responsibility.
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 2026, 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.