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.
SECTION –A is
compulsory.
2.
Attempt any four
questions from Section -B
Section
–A
1. Write
a short note :
a. What
is involuntary unemployment?
b. What
is difference between GDP at market prince and GSP ar factor cost?
c. Distinguish
between induced and autonomous investment?
d. What
is psychological law of consumption?
e. What
is dynamic multiplier?
f. State
how MEC related to interest rate ?
g. What
is innovation theory of trade cycles?
h. How
money supply can be controlled with a help of bank rate and open market
operations?
i. What
is budget deficit?
j. What
is cost push inflation?
Section
–B
2. Explain
different method employed in the measurement of National income?
3. What
are the objectives and role of Fiscal policy in developing country?
4. What
is static and dynamic multiplier?
5. What
are determinants of MEC and its importance ?
6. Explain
business cycles ? what is the Keynes’s theory of trade cycles?
7. Explain
classical Theory of Employment?
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