Engineering Economics & Management : Question Paper Dec 2014 - Electronics & Telecomm (Semester 3) | Gujarat Technological University (GTU)

Engineering Economics & Management - Dec 2014

Electrical and Electronics Engg. (Semester 3)

(1) Question 1 is compulsory.
(2) Attempt any four from the remaining questions.
(3) Assume data wherever required.
(4) Figures to the right indicate full marks.
1 (a) Define microeconomics and macroeconomics. Differentiate between microeconomics and macroeconomics.(7 marks) 1 (b) Explain the elasticity of demand's determinants.(7 marks) 2 (a) Explain the types of cost briefly.(7 marks)

Answer any one question from Q2 (b) & Q2 (c)

2 (b) What are the assumption and limitations of break-even analysis?(7 marks) 2 (c) What is monopoly? Differentiate between perfect competition and monopolistic competition(7 marks)

Answer any two question from Q3 (a), (b) & Q3 (c), (d)

3 (a) Explain the general responsibilities of a CEO.(7 marks) 3 (b) Differentiate between management and administration.(7 marks) 3 (c) Explain the important principles of organization.(7 marks) 3 (d) Explain the factor affecting centralization.(7 marks)

Answer any two question from Q4 (a), (b) & Q4 (c), (b)

4 (a) Explain 4P's of marketing.(7 marks) 4 (b) Explain any two methods of forecasting.(7 marks) 4 (c) Explain characteristics and function of money.(7 marks) 4 (d) Explain the central banking principles.(7 marks)

Answer any two question from Q5(a), (b) & Q5 (c), (d)

5 (a) What is financial management? Explain the scope of financial management.(7 marks) 5 (b) Explain the importance of corporate social responsibilities.(7 marks) 5 (c) Explain the objective of production management.(7 marks) 5 (d) Explain the factors affecting the plant layout.(7 marks)


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