Anna University Chennai 2007 M.B.A BA 1602 - ECONOMIC FOUNDARTION OF BUSINESS - Question Paper

Z4502
M.B.A DEGREE EXAMINATION, MAY/JUNE 2008

FIRST SEMESTER
BA 1602 – ECONOMIC FOUNDATION OF BUSINESS ENVIRONMENT

(REGULATION 2005)

TIME : 3 HOURS MAXIMUM 100 MARKS

ans ALL ques.

PART A--- (10X2=20 MARKS)

1. WHAT IS CALLED AS INVOLUNTARY UNEMPLOYMENT ?
2. DEFINE”FLEXIBLE EXCHANGE RATE SYSTEM
3. DEFINE ACCELERATOR.”
4. MENTION 2 kinds OF FiscAL POLICY
5. WHAT IS SPECULATIVE DEMAND AND SUPPLY?
6. WHAT ARE THE 4 TOOLS OF MONETARY POLICY?
7. WHAT IS KNOWN BY WAGE PUSH INFLATION?
8. WHAT IS A INDICATION, WE CAN UNDERSTAND FROM PHILIP CURVE
9. WHAT IS CALLED AS PROETECTIVE TARRIF
10. DEFINE”QUOTA”IN INTERNATIONAL TRADE?


PART B---(5X16=80 MARKS)

11 A) explain THE ROLE OF ECONOMIC PLANNING

OR
B) WXPLAIN THE ANY 2 WAYS OF MESURING NATIONAL INCOME

12 A) discuss THE KEYNESIAN CONCEPT OF AGGREGATE DEMAND.
HOW IS THE KEYNESIAN AGGREGAT DEMAND FUNMCTION
DIFFER FROM CLASSICAL DEMAD FUNCTION ?
OR
B) ANALYSE AND SUGGEST A SUITABLE MESURE TO ENCOUNTER A
STAGE OF BUSINESS CYCLE. LIST OUT THE FEATURES OF
BUSINESS CYCLE.

13. (A) (i) WHAT IS MEANT BY MARKET EQUILIBRIUM?
(ii) HOW THE RATE OF INTEREST DETERMINED BY EQULIBRIUM
IN MONET MARKET?
OR

(B) DiscUSS THE INSTRUMENTAL TOOLS UTLIZED FOR
ECONOMIC STABLIZATION

14. (A) discuss THE EFFECT OF INFLATION AND SUGGEST THE
GOVERNMENT MESURE decrease THE INFLATION

OR
(B) DiscUSS THE NEW ECONOMIC POLICY OF INDIA IN THE
latest COMPETITION
OR
15 . (A) CRITICALLY EXAMINE THE FOLLOWON ARGUMENTA I N
SUPPORT OF PROTECTION

(i) INFANT INDUSTRY ARUGMENT
(ii) EMPLOYMENT ARGUMENT
(iii) BALALCE OF PAYMENT ARGUMENT
(iv) PROMOTION OF SWADESHI
OR
( B) CRITICALLY EVALUATE INDIA’ S CURRENT POLICY OF
“IMPORT LIBERALISATIOM FOR EXPORT PROMOTION”

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Earning:   Approval pending.