Gujarat Technological UniversityWinter 2023 examination

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

B.E. · Computer Engineering · Semester 4 · Subject code 3140709
Download official PDFView PDF here
Share with your class
Total
70 marks
To pass
23 marks (33%)
Duration
2.5 Hours 10:30 AM – 1:00 PM
Questions
5 with internal choice
No solutions on this paper yetNeed them for your exam? Ask once. Papers that students ask for are solved first, and we aim to add them within 24 hours.

18 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
1)Microeconomics
2)Macroeconomics
3)Law of demand
(b)
4 marks
Discuss elasticity of demand
(c)
7 marksAsked in 3 of 7 papers
Draw diagram for equilibrium and explain its importance

Also asked in Summer 2026 Q1c, Winter 2025 Q1c

Q.2

14 Marks
(a)
3 marksAsked in 4 of 7 papers
Define break-even point and discuss its importance in business

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

(b)
4 marksAsked in 3 of 7 papers
Explain factors of production in details

Also asked in Summer 2026 Q2a, Winter 2025 Q2b

(c)
7 marksAsked in 3 of 7 papers
Explain different types of costs in economics

Also asked in Summer 2026 Q2b, Winter 2025 Q2c

(c)
7 marksAsked in 3 of 7 papers
Discuss characteristics of Perfect Competition and Monopoly markets

Also asked in Summer 2026 Q3b, Winter 2024 Q2c OR

Q.3

14 Marks
(a)
3 marks
Define :
1)GDP
2)National Income
3)Relative Poverty
(b)
4 marksAsked in 2 of 7 papers
Discuss causes of Unemployment

Also asked in Winter 2024 Q3b OR

(c)
7 marksAsked in 4 of 7 papers
Explain objectives of fiscal policy

Also asked in Summer 2026 Q4c OR, Winter 2024 Q5a OR, Summer 2023 Q2a

(a)
3 marks
Define :
1)Bank Rate
2)Repo Rate
3)SLR
(b)
4 marksAsked in 2 of 7 papers
Explain different types of Inflation in details

Also asked in Winter 2025 Q3b OR

(c)
7 marksAsked in 4 of 7 papers
Elaborate functions of Central bank of India

Also asked in Winter 2025 Q3c OR, Summer 2025 Q4a OR, Summer 2023 Q2b

Q.4

14 Marks
(a)
3 marksAsked in 4 of 7 papers
Explain different skills of Managers

Also asked in Winter 2025 Q4a OR, Summer 2025 Q5c, Summer 2024 Q4a OR

(b)
4 marksAsked in 7 of 7 papers
Explain Abraham Maslow’s theory of human needs

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

(c)
7 marks
Explain importance and characteristics of controlling in management
(a)
3 marks
Explain different types of management levels
(b)
4 marksAsked in 6 of 7 papers
Differentiate between management and administration

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

(c)
7 marksAsked in 4 of 7 papers

Explain principles of scientific management given by Fredrick Winslow Taylor

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

Q.5

14 Marks
(a)
3 marksAsked in 3 of 7 papers
Explain organizational culture and its importance

Also asked in Winter 2025 Q5a, Summer 2023 Q5a OR

(b)
4 marksAsked in 2 of 7 papers
Explain importance of staffing in detail

Also asked in Winter 2024 Q4b OR

(c)
7 marksAsked in 4 of 7 papers
Define business ethics and explain importance of ethics in business.

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

(a)
3 marksAsked in 2 of 7 papers
Discuss organization‘s environment in detail

Also asked in Winter 2025 Q5a OR

(b)
4 marks
Explain centralization and decentralization in organization
(c)
7 marksAsked in 5 of 7 papers
Define CSR. Give any suitable examples of CSR activities in India

Also asked in Summer 2026 Q5c OR, Winter 2025 Q5c OR, Summer 2025 Q5b, Winter 2024 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.

Preparing with friends?

Send this paper to your class group. Every question has its own link.

About this paper

Official Gujarat Technological University (GTU) examination paper 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.

ViewDownload PDF