Download Question Paper of "Macro Economics 2 B.Com" , Question Paper of B.Com 2nd Semester, Subject Code : BCOP-202, Paper ID B1118, Paper 1

Roll No....................

Total No. of Questions: 07

B.COM (pro) (Sem.-2nd)

MACRO ECONOMICS

Subject Code: BCOP-202

Paper ID: [B1118]

Time: 3 Hrs.

INSTRUCTIONS TO CANDIDATE:

1. All questions in section A are compulsory. Answer to each should be in 2-5 lines. Each question carries 2 marks.

2. Answer any four questions from section B. Each question carries 10 marks.

Section –A

Q.1.

(a).What is the meaning of involuntary unemployment?

(b).What are the assumptions of classical theory of employment?

(c). Differentiate between GNP and GDP.

(d). Why transfer payments do not form part of national income?

(e). Define induced investment.

(f). What is marginal propensity to save?

(g).Define the term of depression.

(h).What do you understand by open market operations?

(i). What is Inflationary Gap?

(j). What is multiplier?

Section –B

Q.2.   Discuss Keynesian theory of employment. Is under employment equilibrium possible?

Q.3.   Define national income. What are the methods of measuring national income?

Q.4.   Explain Psychological law of consumption. What is its importance?

Q.5.   What is fiscal policy? What are its objectives?

Q.6.   What is marginal efficiency of capital? On what factors does it depend?

Q.7.   What is inflation? What are the various effects of inflation?