Download Question Paper of "Macro Economics 2 B.Com" , Question Paper of B.Com 2nd Semester, Subject Code : BCOP-202, Paper ID B1118, Paper 5

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Total  No.  of  Questions  :  07

B.Com  (Sem.–2nd)

MACRO   ECONOMICS

Subject  Code  : BCOP-202   (2011  &  Onward  Batch)

Paper  ID  :  [B1118]

Time  :  3  Hrs.

INSTRUCTION  TO  CANDIDATES  :

1. SECTION-A  is  COMPULSORY  consisting  of  TEN  questions  carrying TWO  marks  each.

2. SECTION-B  contains  SIX  questions carrying  TEN marks  each  and  students has  to  attempt  any  FOUR  questions.

SECTION-A

l. Answer briefly :

(a) What is full employment ?

(b) Relationship between marginal propensity to consume and multiplier.

(c) Define MEC.

(d) Motives of Holding Liquidity.

(e) Define demand pull inflation.

(f) What is autonomous investment ?

(g) Explain the concept of aggregate supply.

(h) Objectives of monetary policy.

(i) What is stagflation ?

(j) What  is  GDP at factor cost ?

SECTION-B

2.       Explain business cycles. What are its various phases ?

3.       Discuss the concept of dynamic multiplier in detail.

4.       Critically examine the Say’s Law of markets.

5.       What  is  monetary  policy  ?  Discuss the  role  of  monetary  policy  to  bring economic stability in the economy.

6.       Explain through the demand  curve how the inducement to invest depends

upon the MEC and the role of interest.

7.       Discuss the psychological law of consumption function.