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NHU-501
| (Following | Paper ID and Roll No. to be fil
‘Answer Books)
Roll No.|
B.TECH.
Regular Theory Examination, (Odd Sem - V) 2016-17
ENGINEERING ECONOMICS
Time : 3 Hours Max. Marks : 100
Note : Attempt all Sections. If require any missing data; then
“choose suitably.
SECTION-A
1 Attempt all questions in brief, (10x2=20)
a) Whatis law of demand?
b) Distinguish with between micro and macro
economics.
©) Whatis oligopoly?
4) Whatis Expansion in demand?
e) _ Explain Value Analysis.
f) Whatis value engineering?
g) WhatisCPM?
h) Define the term decision analysis.
501/12/2016/48300 a (P.T.0. NHU-S01
i) Write down the Characteristics of Monopolistic
competition.
J) Differentiate between Average Variable Cost and
Average Fixed Cost.
SECTION -B
Attempt any three of the following : (3*10=30)
a) What is Demand? What are the determinants of
Demand?
b) What do you mean by network and networking?
Explain.
c) “Firm is Price taker under Perfect Competition”.
Elaborate.
d) Describe the major areas of Business Decision
making.
e) Explain Consumer Survey and end Use Method.
SECTION -C
Attempt any one part of the following: (1x10=10)
a) Explain the characteristics of Managerial
Economics.
b) Define Cross elasticity of Demand and state its
importance.
Attempt any one part of the following: (1<10=10)
a) What is the purpose of Demand Forecasting?
Describe the uses and limitations of Opinion Poll
Method of demand Forecasting,
NHU-S01
b) Explain the relationship between Marginal Cost,
Average Cost and Total Cost in Short Run.
Attempt any one part of the following: (1x10=10)
a) Explain concept of Duopoly in detail.
b) Explain Price Determination in the Monopoly
Market.
Attempt any one part of the following: (1x10=10)
a) _ Whatdo you mean by oligopoly? Explain how price
and output decisions are taken under condition of
Oligopoly?
b) What is Price Discrimination? Explain strategy and
methods of Price Discrimination.
Attempt any one part of the following :_(110=10)
a) _ Explain Functions of Management.
b) What do you understand by the term Job Plan?
Explain job plan process in detail.
+t++
501/12/2016/48300 @)
501/12/2016/48300 )
