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Gujarat Technological University

This document outlines the examination details for the 'Economics for Engineers' course at Gujarat Technological University, including instructions, question structure, and marks distribution. The exam covers various topics such as interest types, opportunity cost, decision making, cash flow statements, inflation, and elasticity of demand. Students are required to attempt all questions and make suitable assumptions where necessary.

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140 views1 page

Gujarat Technological University

This document outlines the examination details for the 'Economics for Engineers' course at Gujarat Technological University, including instructions, question structure, and marks distribution. The exam covers various topics such as interest types, opportunity cost, decision making, cash flow statements, inflation, and elasticity of demand. Students are required to attempt all questions and make suitable assumptions where necessary.

Uploaded by

creativepower1712
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Seat No.: ________ Enrolment No.

___________

GUJARAT TECHNOLOGICAL UNIVERSITY


BE - SEMESTER–IV (NEW) EXAMINATION – WINTER 2023
Subject Code:3140911 Date:11-01-2024
Subject Name: Economics for Engineers
Time: 10:30 AM TO 01:00 PM Total Marks:70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
4. Simple and non-programmable scientific calculators are allowed.
MARKS

Q.1 (a) Why is it important for an engineer to learn about economics? 03


(b) What is Simple Interest and Compound Interest? 04
(c) Explain the types of Estimates. 07

Q.2 (a) Explain Opportunity Cost with suitable example. 03


(b) Describe the importance of cash as a measure of business success or 04
failure.
(c) Write down the advantage of case study for estimating model. 07
OR
(c) What is decision making? Write down the advantage of decision 07
making. Also list only the problems in decision making process.

Q.3 (a) Explain Internal Rate Of Return. 03


(b) How many types are in learning curve? Explain any one in brief. 04
(c) What is Debt Repayment? What are components of debt schedule? 07
OR
Q.3 (a) What are the uses of different indexes? 03
(b) What is the difference between Marginal Cost and Marginal 04
Revenue?
(c) What is a cash flow statement? State the uses of cash flow statement? 07

Q.4 (a) What are different kind of recurring and non-recurring costs 03
associated with any projects?
(b) Describe the procedure to prepare cash flow statement. 04
(c) What is inflation? Discuss causes of inflation. State major effect of 07
inflation.
OR
Q.4 (a) What is Salvage value? 03
(b) Explain time value of money. 04
(c) State and explain types of elasticity of demand. 07

Q.5 (a) Differentiate between present worth analysis and future worth 03
analysis.
(b) What is the advertising? Discuss its importance. 04
(c) Write short note: Sensitivity Analysis and Break-Even Analysis 07
OR
Q.5 (a) Differentiate between Composite Vs Commodity Index 03
(b) Explain End-Of-Year Convention. 04
(c) Write short note on different types of taxes 07
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