--Your friends at LectureNotes

Previous Year Exam Questions for Engineering Economics - EE of 2018 - BPUT by Bput Toppers

  • Engineering Economics - EE
  • 2018
  • PYQ
  • Biju Patnaik University of Technology Rourkela Odisha - BPUT
  • Master of Computer Applications
  • MCA
  • 18 Offline Downloads
  • Uploaded 10 months ago
0 User(s)
Download PDFOrder Printed Copy

Share it with your friends

Leave your Comments

Text from page-1

Registration No : Total Number of Pages : 02 MCA MCA105 1st Semester Regular / Back Examination 2018-19 ENGINEERING ECONOMICS BRANCH : MCA Time : 3 Hours Max Marks : 100 Q.CODE : E909 Answer Question No.1 (Part-1) which is compulsory, any EIGHT from Part-II and any two from Part-III. The figures in the right hand margin indicate marks. Q1 a) b) c) d) e) f) g) h) i) j) Q2 a) b) c) d) e) f) g) h) i) j) k) l) Part- I Short Answer Type Questions (Answer All-10) Explain the phenomenon of giffen’s paradox with example. What is market equilibrium? Compare Monopoly with oligopoly. Why should a firm engaged in software projects study engineering economics Which factors shift the demand curve to a new position? Distinguish between economics costs and opportunity cost. What is time preference of money? How is a public sector project different from a private sector project? What is production function? What are economies of scale? Part- II Focused-Short Answer Type Questions- (Answer Any Eight out of Twelve) What are price ceilings and price floors? What are the problems associated with it? Consider the following simplified demand and supply functions; Demand : Q=200-2P Supply: Q=20+4P i. What are the equilibrium price and quantity supplied? ii. What would be the effect upon price and quantity sold if the supply shifts to Q=50+4P and demand remains constant? iii. What would be the effect upon price and quantity sold if the supply shifts to Q=260-2P and supply remains Q=20+4P? Explain why RBI is termed as the bank of Government Distinguish between Fixed cost and Variable costs. Explain through diagram the behaviour of short-run and long-run cost functions. Explain the consumer surplus and its application in business. Explain the laws of return to scale through example and diagram Suppose the price elasticity of demand of X is equal to unity and at Rs 15 per unit, the quantity demanded is 100 units. How much price of the commodity should be fixed so that the demand is 80 units. Distinguish between perfect competition and pure competition. The demand equation is Q=50-10P+0.4Y where Q,P,Y are quantity, Price and Income respectively. Assume that P=4 and Y=100 i. Interpret the equation ii. Find price elasticity and income elasticity at the given price and income levels Why does a demand curve slope downward? What are its exceptions? Explain nominal rate of interest and effective rate of interest. (2 x 10) (6 x 8)

Text from page-2

Q3 Part-III Long Answer Type Questions (Answer Any Two out of Four) Discuss the nature, scope and the application of Engineering economics in the practical life of the society. How is it different from Economics? (16) Q4 Explain the price, income and cross elasticity of demand. Also discuss the determinants of the price elasticity of demand. Draw diagrams to explain your understandings. (16) Q5 Define commercial bank. Discuss the functions of commercial banks. (16) Q6 A company is planning to expand its present business activity. It has two proposals. These two alternatives have the following data for your consideration. The MACR for the company is 10%. Suggest the best alternative. 1st proposal : Initial investment Rs 5,00,000,annual revenue Rs 1,70,000 Life is 5 yearrs 2nd Proposal : Initial Investment Rs 8,00,000, annual revenue Rs 2,70,000 Life is 5 years. There is no salvage value. (16)

Lecture Notes