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Assignment BTech 2019 EEE, CSE

This document is an assignment for an Economics for Engineers course. It consists of 4 parts: Part A asks students to (1) explain the existing service sectors in India, (2) discuss the advantages of increasing activities in these sectors, and (3) explain the sector that leads to maximum economic growth. Part B focuses on market equilibrium, asking students to (1) define determinants of supply and demand equilibrium and reasons for shifts, (2) differentiate total and marginal utility with a graphical representation of diminishing marginal utility, (3) discuss measures for company growth and challenges faced, and (4) provide a conclusion and recommendations. The assignment is out of 50 marks and has instructions for formatting and page

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Pritam Das
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© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
125 views

Assignment BTech 2019 EEE, CSE

This document is an assignment for an Economics for Engineers course. It consists of 4 parts: Part A asks students to (1) explain the existing service sectors in India, (2) discuss the advantages of increasing activities in these sectors, and (3) explain the sector that leads to maximum economic growth. Part B focuses on market equilibrium, asking students to (1) define determinants of supply and demand equilibrium and reasons for shifts, (2) differentiate total and marginal utility with a graphical representation of diminishing marginal utility, (3) discuss measures for company growth and challenges faced, and (4) provide a conclusion and recommendations. The assignment is out of 50 marks and has instructions for formatting and page

Uploaded by

Pritam Das
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Faculty of Engineering and Technology

Ramaiah University of Applied Sciences


Department CSE Programme/Branch B.Tech.
Semester/Year 5th (Summer)
Course Code HSC301A Course Title Economics for Engineers
Course Leader(s) Sunita Chakraborty

Assignment
Name of Student Regn No

Examiner

Examiner
Sections

Second
Marks

Marks

Marks
Marking Scheme

Max

First
A1.1 Explain the service sectors that exists in our country. 03
Mention the advantages of increasing the activities in
Part-A

A1.2 04
the service sectors of the economy.
Explain the sector which leads to the maximum growth
A1.3 03
of our economy.

Part- A Max Marks 10


Explain the main determinants of equilibrium of 05
Part-B 1

B1.1 demand and supply curve.

Discuss the reasons for the shift in the demand and 05


B1.2 supply curve.

Part-B 1 Max Marks 10


Differentiate between Total Utility and Marginal 05
B2.1 Utility
Part B 2

Explain the law of Diminishing Marginal Utility with 05


B2.2 graphical representation.

Part-B 2 Max Marks 10


Explain the measures that is required for the growth 05
B3.1 of the company.
Part B 3

Mention the challenges that the company faces for 05


B3.2 the growth.

Part-B 3 Max Marks 10


Conclusion of the study 05
B4.1
P art B 4

Recommend the appropriate methods to overcome 05


B4.2 the problems.
Part-B 4 Max Marks 10
Total Assignment Marks 50

Course Marks Tabulation


Component- CET B First Second
Remarks Remarks
Assignment Examiner Examiner
A

B.1

B.2

B.3

B.4
Marks (Max 50 )

Marks (out of 25 )

Signature of First Examiner Signature of Second Examiner


Assignment

Instructions to students:

1. Instructions to students:
2. The assignment consists of 5 questions
3. Maximum marks is 50.
4. The assignment has to be neatly word processed as per the prescribed format.
5. The maximum number of pages should be restricted to20.
6. Restrict your report for Part-A to 3 pages only.
7. Restrict your report for Part-B to a maximum of 17 pages.
8. The printed assignment must be submitted to the Course leader.
9. Submission Date: 11.10.2019
10. Submission after the due date is not permitted.
11. IMPORTANT: It is essential that all the sources used in preparation of the assignment
must be suitably referenced in the text.
12. Marks will be awarded only to the sections and subsections clearly indicated as per
the problem statement/exercise/question

Introduction to the Course:


This course deals with the essentials of economics for designers. Students are given an
introduction to supply and demand and the basic forces that determine equilibrium in a
market economy. Further, it introduces a framework for learning about consumer behavior
and analysing consumer decisions.
Preamble
The services sector in India is not only the dominant sector and a big contributor to India’s
GDP, but has also attracted significant foreign investment flows, contributed significantly to
exports as well as provided large-scale employment. The services sector covers a wide variety
of activities such as trade, hotel and restaurants, transport, storage and communication,
financing, insurance, real estate, business services, community, social and personal services,
and services associated with construction.

The services sector is the key driver of India’s economic growth. The sector contributed
around 66.1 per cent of its Gross Value Added growth in 2015-16, thereby becoming an
important net foreign exchange earner and the most attractive sector for FDI (Foreign Direct
Investment) inflows. As per the first advance estimates of the Central Statistics Office (CSO),
the services sector is expected to grow at 8.8 per cent in 2016-17.

The Government of India recognises the importance of promoting growth in services sectors
and provides several incentives in wide variety of sectors such as health care, tourism,
education, engineering, communications, transportation, information technology, banking,
finance, management, among others.
Prime Minister Narendra Modi has stated that India's priority will be to work towards trade
facilitation agreement (TFA) for services, which is expected to help in the smooth movement
of professionals.
Despite the immense contribution by the services sector, economists often argue that growth
in this sector is not really an indicator of the economic development of a country.

Part A “The service sectors of our country brings about economic development for our
country”. (10 marks)
A.1 Introduction to all the service sectors that exists in our country.
A2. Advantages of these service sectors
A3. Explain about the service sectors which brings the growth for our country.
Part B (40 marks)
“Market Equilibrium point where the quantity demand is equal to quantity supply “.
(10 marks)
B.1 Graphical Presentation
B1.1 The determinants of market equilibrium.
B1.2 The shift in the demand and supply curve.
B.2 Differentiate between (10 marks)
B2.1 Total Utility and Marginal Utility.
B2.2 Graphical representation –Diminishing Marginal Utility
B.3 Explain (10 marks)
B3.1 Measures required for the growth of the company.
B3.2 Challenges faced by the companies.
B.4 Provide (10 marks)
B4.1 Conclusion of the study.
B4.2 Suggestions of the study.


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