Deemed University 2010 B.Tech Electrical and Electronics Engineering University: Lingayas University Term: III Title of the : Economics - Question Paper

Roll No. ..

 

Lingayas University, Faridabad

Examination May, 2010

Course: B.Tech. Year: IInd

Semester: III Paper Code: HUM-201E

Subject: Economics

[Time: 3 Hours] [Max. Marks: 100]

 

Before answering the question, candidate should ensure that they have been supplied the correct and complete question paper. No complaint in this regard, will be entertained after examination.

 

Note: Attempt Five Questions. All questions carry equal marks.

Q.1. Critically examine the relationship between Science, Engineering, Technology and Economics. (20)

Q-2. Discuss and elucidate the Law of Diminishing Marginal Utility. (20)

Q-3. Write notes on the following:

(a) VAT

(b) Production possibility curve. (10, 10 =20)

Q-4. What Economies of Scales might exist in Retailing?

Q-5. Write illustrative notes on any of the two:

(a) Shape of Average Cost, Marginal Cost and Total Cost in the short and long run; and ,

(b) Fixed, Variable, Average and Marginal Costs. (10, 10 = 20)

Q-6. Describe the practical importance and applications of the concept of Elasticity of Demand. (20)

Q-7. Define the phrases Demand and Supply and elucidate the key aspects of the Law of Supply. (20)

Q-8. Explain the relationship between the following:

(a) Privatization and Nationalization; and ,

(b) Globalization and Liberalization. (10, 10 = 20)

 

 

Roll No. ..

 

Lingayas University, Faridabad

Examination December, 2009

Course: B.Tech. Year: IInd

Semester: III Paper Code: HUM-201E

Subject: Economics

[Time: 3 Hours] [Max. Marks: 100]

 

Before answering the question, candidate should ensure that they have been supplied the correct and complete question paper. No complaint in this regard, will be entertained after examination.

 

Note: Attempt Five Questions. All questions carry equal marks.

Q.1. Critically examine the relationship between Science, Engineering, Technology and Economics. (20)

Q-2. Discuss and elucidate the Law of Diminishing Marginal Utility. (20)

Q-3. Write notes on the following:

(a) VAT

(b) Production possibility curve. (10, 10 =20)

Q-4. What Economies of Scales might exist in Retailing?

Q-5. Write illustrative notes on any of the two:

(a) Shape of Average Cost, Marginal Cost and Total Cost in the short and long run; and ,

(b) Fixed, Variable, Average and Marginal Costs. (10, 10 = 20)

Q-6. Describe the practical importance and applications of the concept of Elasticity of Demand. (20)

Q-7. Define the phrases Demand and Supply and elucidate the key aspects of the Law of Supply. (20)

Q-8. Explain the relationship between the following:

(a) Privatization and Nationalization; and ,

(b) Globalization and Liberalization. (10, 10 = 20)