Gujarat Technological UniversityWinter 2023 Examination

GTU 3140709 Principles of Economics and Management (PEM) Winter 2023 Paper Solution & PDF

B.E. · Computer Engineering · Semester 4 · Subject Code: 3140709
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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
Jump toQ1Q2Q3Q4Q5

Question 1

14 MarksMedium
(a)
Define
1)Microeconomics
2)Macroeconomics
3)Law of demand
3 Marks
(b)
Discuss elasticity of demand
4 Marks
(c)
Draw diagram for equilibrium and explain its importance
7 Marks

Question 2

14 MarksMedium
(a)
Define break-even point and discuss its importance in business
3 Marks
(b)
Explain factors of production in details
4 Marks
(c)
Explain different types of costs in economics
7 Marks
OR OPTION
(c)
Discuss characteristics of Perfect Competition and Monopoly markets
7 Marks

Question 3

14 MarksMedium
(a)
Define :
1)GDP
2)National Income
3)Relative Poverty
3 Marks
(b)
Discuss causes of Unemployment
4 Marks
(c)
Explain objectives of fiscal policy
7 Marks
OR OPTION
(a)
Define :
1)Bank Rate
2)Repo Rate
3)SLR
3 Marks
(b)
Explain different types of Inflation in details
4 Marks
(c)
Elaborate functions of Central bank of India
7 Marks

Question 4

14 MarksMedium
(a)
Explain different skills of Managers
3 Marks
(b)
Explain Abraham Maslow’s theory of human needs
4 Marks
(c)
Explain importance and characteristics of controlling in management
7 Marks
OR OPTION
(a)
Explain different types of management levels
3 Marks
(b)
Differentiate between management and administration
4 Marks
(c)

Explain principles of scientific management given by Fredrick Winslow Taylor

7 Marks

Question 5

14 MarksMedium
(a)
Explain organizational culture and its importance
3 Marks
(b)
Explain importance of staffing in detail
4 Marks
(c)
Define business ethics and explain importance of ethics in business.
7 Marks
OR OPTION
(a)
Discuss organization‘s environment in detail
3 Marks
(b)
Explain centralization and decentralization in organization
4 Marks
(c)
Define CSR. Give any suitable examples of CSR activities in India
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) (Winter 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.

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