GTU Electronics and Communication Engineering (Semester 3)
Engineering Economics & Management
December 2016
Total marks: --
Total time: --
INSTRUCTIONS
(1) Assume appropriate data and state your reasons
(2) Marks are given to the right of every question
(3) Draw neat diagrams wherever necessary


1(a) Write the law of supply?
1 M
1(b) Give examples of final and intermediate goods.
1 M
1(c) If all producers and sellers offer same standard quality of product it is called______ product.
1 M
1(d) Who gave welfare definition of economics?
1 M
1(e) What is Per Capita Income?
1 M
1(f) What are the factors of production?
1 M
1(g) Markets with only few sellers is called:
1 M
1(h) Write the full abbreviation of CRR&SLR.
1 M
1(i) How GDP, GNP is calculated.
1 M
1(j) PSU stands for.
1 M

2(a) Explain Micro and Macro Economics
3 M
2(b) Define Corporate Social responsibility and state its Characteristics.
4 M
Solve any one question.Q2(c) &Q2(d)
2(c) Explain various types of costs with suitable examples.
7 M
2(d) Write a note on (i) Authority and Responsibility (ii) Efficiency and Effectiveness.
7 M

solve any one question Q.3(a,b,c) &Q4(a,b,c)
3(a) What are the assumptions and limitations of Break-Even Analysis?
3 M
3(b) Explain various tools of Monetary Policy.
4 M
3(c) What is demand? Explain law of demand.
7 M

4(a) What is monopoly? Differenitate between perfect competition and monopolistic competition.
3 M
4(b) Discuss national income.
4 M
4(c) Discuss various types of organisational structures with examples.
7 M

solve any one question Q.5(a,b,c) &Q6(a,b,c)
5(a) Explain causes of poverty in brief.
3 M
5(b) Discuss different sources of recruitment?
4 M
5(c) Explain objectives of Human Resource Mangement.
7 M

6(a) Explain the Levels of Management.
3 M
6(b) Discuss any two methods of demand forecasting.
4 M
6(c) Explain the factors affecting the plant layout.
7 M

solve any one question Q.7(a,b,c) &Q8(a,b,c)
7(a) Explain the function of management.
3 M
7(b) Write about the various types of Banks. Explain Role and Functions of RBI.
4 M
7(c) Discuss various causes and eradication measures of inflation.
7 M

8(a) Explain 4 p's of Marketing.
3 M
8(b) Write in brief the goals and objectives of Finance Management.
4 M
8(c) Who is the father of Scientific Management? Discuss his contribution in Theory Management.
7 M

11(k) According to Henry Fayol, Authority and __________go parallel and run hand in hand.
1 M

12(l) _________ is associated with high price, which causes decline in purchasing power or value of money.
1 M

13(m) What is sunk cost?
1 M

14(n) Full form of CSR-----
1 M



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