MDU Syllabus | F-Scheme | HUM-201-F ENGINEERING ECONOMICS
HUM-201-F ENGINEERING ECONOMICS
(Common to CSE, ME, ECE, BME, EE, EEE, E&I, I&C, IT, CE, TT, FAE, TC)
NOTE: Examiner will set 9 questions in total, with two questions from each section and one question covering all sections which will be Q.1. This Q.1 is compulsory and of short answers type. Each question carries equal mark (20 marks). Students have to attempt 5 questions in total at least one question from each section.
Section-A
Definition of Economics – various definitions, Nature of Economic problem, Production possibility curve Economic laws and their nature. Relation between Science, Engineering, Technology and Economics.
Concepts and measurement of utility, Law of Diminishing Marginal Utility, Law of equi-marginal utility – its practical application and importance.