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Thursday, July 22, 2021

Download "Macro Economics" Previous Year Question Paper of B.A./B.Sc. (General) 2nd Semester.




B.A./B.Sc. (General) 2nd Semester

Economics

Paper-Macro Economics 

Time Allowed: Three Hours

[Maximum Marks: 90 



Note:- Attempt five questions in all, selecting at least one question each from Sections A, B, C, and D. 

Question No. 1 is compulsory. 


1. Compulsory Question

Attempt any nine from the following: 

(a) Define Gross Investment. 

(b) Define Prospective Yield. 

(c) What is Multiplier? 

(d) Define Semi-inflation. 

(e) Write any two measures to control inflation. 

(f) Define Money. (g) What is Fiscal Policy? (h) Discuss two determinants of effective demand. 

(i) What is the Velocity of money? 

(j) What are the functions of a Bank? 

(k) Write the propositions of Keynes psychological law of

consumption. 

(l) Features of MPC (Marginal Propensity to consume).9x2=18 



SECTION—A 

2. Define Macro Economics. What are the importance and limitations of Macro Economics?


3. What is Consumption Function? Explain the determinants of Consumption Function. 1x18=18


SECTION-B 


4.Critically evaluate Say's Law of Market. 


5. Critically examine the classical theory of employment. 1x18=18



SECTION-C


6. Critically examine the liquidity preference theory of the rate of interest. 


7. How Credit is created by Banks? Give limitations of Credit creation. 1x18=18


SECTION-D 


8. What is meant by Trade Cycles? Mention the various phases of Trade Cycles. 


9.What is Monetary Policy? Discuss the role of Monetary Policy as a stabilisation policy. as a stabilisation policy. 1x18=18



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