L.Y. CSE- Semester-VII, 2022-2023.

MIT SCHOOL OF ENGINEERING,

LONI KALBHOR THEORY ASSIGNMENT - I

DEPARTMENT: Computer Science and Engineering

ACADEMIC YEAR: 2022-23 SEM: VII
SUBJECT: Economics & Finance for Engineers CLASS: L.Y. B. Tech.
Submission Date: 30th November 2021 Mode of submission: Offline
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Syllabus:
Module I: Introduction to Circular Economy (04 Hours)
Linear Economy and its emergence, Economic and Ecological disadvantages of linear
economy, Replacing Linear economy by Circular Economy, Development of Concept of
Circular Economy, A differential - Linear Vs Circular Economy
Module II: Characteristics of Circular Economy (04 Hours)
Material recovery, Waste Reduction, reducing negative externalities, Explaining Butterfly
diagram, Concept of Loops

1. Explain how a linear economy can be replaced by a circular economy with a few
suitable examples
2. How negative externalities can be converted into positive externalities using the
concept of circular economy with suitable examples

Department of Computer Science & Engineering, SoE MIT ADT University