Gujarat Technological UniversityWinter 2024 Examination

GTU 3140709 Principles of Economics and Management (PEM) Winter 2024 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 Hours2:30 PM – 5:00 PM
Paper Structure5 QuestionsWith internal OR choices
Jump toQ1Q2Q3Q4Q5

Question 1

14 MarksMedium
(a)
Define
1)Equilibrium
2)Cross elasticity
3)Price elasticity
3 Marks
(b)
Give the definition and scope of economics in engineering.
4 Marks
(c)
Explain theory of demand and supply with suitable diagram.
7 Marks

Question 2

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

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

4 Marks
(c)
Explain break even analysis in detail.
7 Marks
OR OPTION
(c)
Discuss characteristics of Perfect Competition and Monopoly markets.
7 Marks

Question 3

14 MarksMedium
(a)
Explain about different types of money.
3 Marks
(b)
Explain Abraham Maslow’s theory of human needs.
4 Marks
(c)
Explain different types of Banks in India.
7 Marks
OR OPTION
(a)
Enlist causes of inflation.
3 Marks
(b)
What are the causes and remedies of unemployment?
4 Marks
(c)
Explain in detail about various methods of computing national income.
7 Marks

Question 4

14 MarksMedium
(a)
‘Good planning is half work done.’ Explain.
3 Marks
(b)
Discuss 4 P’s of Marketing.
4 Marks
(c)
Discuss organization structure of any manufacturing industry.
7 Marks
OR OPTION
(a)
Differentiate Management and Administration.
3 Marks
(b)
Explain importance of staffing in detail.
4 Marks
(c)
What is CSR? Explain its importance.
7 Marks

Question 5

14 MarksMedium
(a)
What is the importance of Human Resource Management?
3 Marks
(b)
Write a short note on hybrid organization.
4 Marks
(c)
Discuss principles of Scientific Management.
7 Marks
OR OPTION
(a)
Discuss the objectives of fiscal policy.
3 Marks
(b)
Describe roles of managers.
4 Marks
(c)
Explain in brief Poverty (causes, types, and measure to eradicate).
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 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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