Annamalai University 2007 B.A BUSINESS ECONOMICS - MACRO ECONOMICS - Question Paper

B.A. DEGREE EXAMINATION, 2007
( BUSINESS ECONOMICS )
( 3rd YEAR )
MACRO ECONOMICS
December ] [ Time : three Hours
Maximum : 100 Marks
part - A (8 × five = 40)
ans any 8 ques..
All ques. carry equal marks.
1. explain the need of aggregative approach.
2. Make a distinction ranging from macro and micro
economics.
3. discuss the value added method for computing
GNP.
4. elaborate the uses of national income data ?
5. discuss Say?s legal regulations of market.
6. How can the aggregate demand function be
derived ?
7. elaborate the factors influencing consumption
function ?
8. discuss the investment multiplier.
9. elaborate the various phases of trade
cycle ?
10. Mention the various objectives of monetary
policy.
part - B (3 × 20 = 60)
ans any 3 ques..
All ques. carry equal marks.
11. discuss the nature, scope, importance and
limitations of macro economics.
12. define the different methods of computing
national income.
13. discuss the classical theory of employment.
On what grounds Keynes criticizes it ?
14. discuss Keynes psychological legal regulations of
consumption.
15. Derive the IS and LM functions. How do
they determine general equilibrium ?

Earning:   Approval pending.