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Law for engineers Semester end examination 2018(SEE)
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Course Title: Engineering Economics & ) DAYANANDA SAGAR UNIVERSITY Sw Question paper Course: 15HU402 - Law for Engineers - ME Event: B.Tech (70:30)- December 2018 DAYANANDA SAGAR UNIVERS ITY Sn Grpl ded: USN No:| Duration: 03 Hours Time: 10:00 AM to 01:00 PM Note: _1. Answer 5 full questions choosing one from each Section 2, Each Section carries 14 Marks 3. Draw neat sketches wherever necessary 4. Missing Data may be suitably assumed SECTION - 1 1a, Explain how āPeople Interactā using economic principles. 1b. What are the causes of inflation? 1c Howare inflation and unemployment related in the short-run? OR 2a, _ Distinguish between macro and micro economics. 2.b. With the help of circular flow diagram explain how economy works. 2c Define the term Production Possibility Frontier. SECTION - 2 3a. Define externality; give two examples for negative externalities. 3b. What do mean by Internalizing an externality? 3.c. Discuss briefly the āCommand And Control Policies OR 4.a. Explain how Price Ceilingā And āPrice Floorā affect market outcome. 4b. Discuss briefly taxation of buyers and sellers. VII Semester B, Tech Examinations - December 2018/January 2019 Course Code: 15HU402 Date: 31-12-2018 Max Marks: 70 (06 Marks) (02 Marks) (06 Marks) (02 Marks) (08 Marks) (04 Marks) (04 Marks) (04 Marks) (06 Marks) (06 Marks) (08 Marks) (PT.0) IONDVS 25-02-2019 Scanned by CamScanner