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Tuesday, March 1, 2022

Download "Macro Economics" Question Paper Economics B.A, B.Sc. 2nd Semester, All previous year Question Paper.




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.


(Compulsory Question) 

1. 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. Define Money

(g) What is Fiscal Policy ? 

(h) Discuss two determinants of effective demand. 

(i) What is 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).



SECTION—A 

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

3. What is Consumption Function ? Explain the determinants of Consumption Function.



SECTION—B 

4. Critically evaluate Say's Law of Market. 

5. Critically examine the classical theory of employment.



SECTION-C 

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

7. How Credit is created by Banks ? Give limitations of Credit creation.



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.


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