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Engineering Economics — Minor 1 2026 question paper

MMMUT Electronics and Communication Engineering previous year question paper for Engineering Economics (BHM 155), semester 2, Minor 1 2026. All 8 questions are listed below, each with a written answer on Nexsus.

Paper details

  • Subject: Engineering Economics (BHM 155)
  • Branch: Electronics and Communication Engineering
  • Semester: 2
  • Exam: Minor 1 2026
  • Questions: 8

Questions asked in Engineering Economics Minor 1 2026

  1. Q1(a). Define Microeconomics and discuss its meaning, nature, and scope.
  2. Q1(b). Discuss the application of Managerial Economics in the engineering field, providing examples.
  3. Q1(c). How can engineering managers utilize economic principles to improve decision making and optimize resources?
  4. Q2(a). Explain the determinants of demand and how they influence the demand for a product or service.
  5. Q2(b). What is price elasticity of demand? Discuss its meaning, formula, and significance in managerial decision making.
  6. Q2(c). Define the law of supply and discuss its importance in Managerial Economics.
  7. QQ.1. Attempt any two parts of the following. Q1(a) is compulsory.
  8. QQ.2. Attempt any two parts of the following, Q2(a) is compulsory