Latest B.Tech question paper of Principles of Economics, Himachal Pradesh University

B.Tech IIIrd Semester Exam, Principles of Engineering Economics & Management, HPU, December 2009

Note: Attempt five questions in all, selecting one question each from Sections A, B, C, and D and the entire Section E. All carry equal marks.

Section-A

1.Discuss the nature and scope of economics.

2.Differentiate between law of demand and Elasticity of demand. How can price elasticity of demand be measured?

Section- B

3. What is Monetary policy? What should be its objective in a developing country like India?

4. What is meant by Trade cycle? Explain its different phases with suitable examples.

Section- C

5. Critically evaluate the various sources of long-term finance.

6. Write a detailed note on Market Segmentation.

Section-D

7. Explain the structure and functions of Quality circles.

8. What do you mean by Production Planning and Control? Discuss its procedure and significance?

Section- E

9.
(a) Economics.
(b) Exception to the Law of Demand.
(c) Break-even point.
(d) Fiscal policy.
(e) Commercial Bank.
(f) Foreign Capital.
(g) Advertisement.
(h) Routing.
(i) Control Charts.
(j) Plant Layout.

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