BBA (Sern. - 2-d') MACRO ECONOMICS SUB.IECT CODE : BB - 2O2 Paper fD : [CO2O8]

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Roll No.

Total No. of Questions: 07                                                                         [Total No. of Pages: 02

BBA (Sern. - 2-d')

MACRO ECONOMICS

SUB.IECT CODE : BB - 2O2

Paper fD : [CO2O8]

lNote : Please fill subject code and paper ID on OMR]

Time : 03 Hours                                                                                Maximum Marks : 60

Instructions to Candidates:

1)     Section- A is Compulsory

2)     Attempt any Four questions from Section- B.

Section - A

Q1)

a) Make a distinction between static and dynamic analysis.

b) What is gross national product?

c) What is demonstration effect?

d) State Keynes psychological law of consumption.

e) Mention the main instruments of monetary policy.

0 What is cost push inflation?

g) What are transfer payments?

h) Define marginal efficiency of capital.

i) What is induced investment?

j) What is liquidity trap?

R-326                                                                                                                                     PT.O.

Section- B

(4x10=40)

Q2) What is the difference between micro and macro economics? Discuss the

scope of macro economics.

Q3) Explain the different methods used for the computation of Gross National

Product?

Q4) Critically evaluate Say's law of markets?

Q5) Bring out the modifications made by recent theorists in the consumption income

relationship.

Q6) The balanced budget is expansionary. Comment.

Q7) Discuss the main instruments of fiscal policy in economic stabilization.