B.TECH. (EIGHTH SEMESTER) MECHANICAL ENGINEERING ME 402 E ENTERPRENURSHIP L T P/D Total Theory : 100 Marks 3 1 4 Sessional : 50 Marks Duration of Exam : 03 Hrs UNIT I Definition and Concept, Importance of Economics for Engineers, Present Value and Future Value, Wealth, Goods, Wants, Value and Price, Capital, Money, Utility Of Consumer And Producer Goods. Introduction, Elements of Cost, Prime Cost, Overhead, Factory Cost, Total Cost, Selling Price, Nature of Cost, Types of Cost. Definition And Concept, Causes of Depreciation, Methods Of Calculating Depreciation. UNIT II Introduction, Nature Of Selection Problem, Nature of Repla
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