Gujarat Technological UniversityWinter 2024 examination

GTU 3140709 Principles of Economics and Management (PEM) Winter 2024 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 2:30 PM – 5:00 PM
Questions
5 with internal choice
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19 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 marksAsked in 2 of 7 papers
Define
1)Equilibrium
2)Cross elasticity
3)Price elasticity

Also asked in Summer 2024 Q1a

(b)
4 marksAsked in 2 of 7 papers
Give the definition and scope of economics in engineering.

Also asked in Summer 2023 Q1b

(c)
7 marksAsked in 3 of 7 papers
Explain theory of demand and supply with suitable diagram.

Also asked in Winter 2025 Q1a, Summer 2024 Q1c

Q.2

14 Marks
(a)
3 marks
Define
1)Opportunity Cost
2)Sunk Cost
3)Margin of Safety
(b)
4 marks

Explain the importance of the subject Principles of Economics and Management as part of B. E. study.

(c)
7 marksAsked in 4 of 7 papers
Explain break even analysis in detail.

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

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

Also asked in Summer 2026 Q3b, Winter 2023 Q2c OR

Q.3

14 Marks
(a)
3 marksAsked in 3 of 7 papers
Explain about different types of money.

Also asked in Summer 2025 Q4c OR, Summer 2025 Q5a, Summer 2024 Q3c

(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, Summer 2024 Q4b OR, Winter 2023 Q4b, Summer 2023 Q5c

(c)
7 marksAsked in 2 of 7 papers
Explain different types of Banks in India.

Also asked in Summer 2024 Q3c OR

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

Also asked in Summer 2025 Q3a OR, Summer 2023 Q3a

(b)
4 marksAsked in 2 of 7 papers
What are the causes and remedies of unemployment?

Also asked in Winter 2023 Q3b

(c)
7 marksAsked in 2 of 7 papers
Explain in detail about various methods of computing national income.

Also asked in Summer 2026 Q3c

Q.4

14 Marks
(a)
3 marksAsked in 5 of 7 papers
‘Good planning is half work done.’ Explain.

Also asked in Summer 2026 Q5a, Winter 2025 Q5b, Summer 2024 Q5b, Summer 2023 Q4b

(b)
4 marks
Discuss 4 P’s of Marketing.
(c)
7 marksAsked in 2 of 7 papers
Discuss organization structure of any manufacturing industry.

Also asked in Summer 2024 Q5c OR

(a)
3 marksAsked in 6 of 7 papers
Differentiate Management and Administration.

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

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

Also asked in Winter 2023 Q5b

(c)
7 marksAsked in 5 of 7 papers
What is CSR? Explain its importance.

Also asked in Summer 2026 Q5c OR, Winter 2025 Q5c OR, Summer 2025 Q5b, Winter 2023 Q5c OR

Q.5

14 Marks
(a)
3 marks
What is the importance of Human Resource Management?
(b)
4 marks
Write a short note on hybrid organization.
(c)
7 marksAsked in 4 of 7 papers
Discuss principles of Scientific Management.

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

(a)
3 marksAsked in 4 of 7 papers
Discuss the objectives of fiscal policy.

Also asked in Summer 2026 Q4c OR, Winter 2023 Q3c, Summer 2023 Q2a

(b)
4 marksAsked in 4 of 7 papers
Describe roles of managers.

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

(c)
7 marks
Explain in brief Poverty (causes, types, and measure to eradicate).

More Principles of Economics and Management papers

Questions repeat across sessions. Working through two or three papers shows you which topics GTU asks most.

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About this paper

Official Gujarat Technological University (GTU) examination paper for Principles of Economics and Management (PEM) (Winter 2024, 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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