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Annamalai University 2008-2nd Year M.A Economics " 610CRO " ( - VI ) ( ) ( ) 5418 - Question Paper

Tuesday, 19 March 2013 03:50Web



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Name of the Candidate :

5 4 18 M.A. DEGREE EXAMINATION, 2008

(ECONOMICS)

(SECOND YEAR)

(PAPER - VI)

610. MACRO ECONOMICS

( Common with M.A. Business Economics )

(Including Lateral Entry )

December ]    [ Time : 3 Hours

Maximum : 100 Marks

SECTION - A (5 x 8 = 40)

Answer any FIVE questions.

All questions carry equal marks.

1.    Explain the theory of accelerator.

2.    State the attainment of general equilibrium in product market.

3.    What are the objectives of monetary policy ?

4.    Elucidate the aggregate demand and aggregate supply functions.

5.    What is Cost - Push inflation ?

6.    Derive the IS and LM curves.

7.    State relative income hypothesis.

8.    What are the instruments of fiscal policy ?

SECTION - B (3 x 20 = 60)

Answer any THREE questions.

All questions carry equal marks.

9.    Explain the relationship between foreign trade and national income.

10.    Differentiate statics from dynamics. What are the essential features of an economic system operating under static conditions ?

11.    Analyse the classical theory of employment.

12.    State Kaldors theory of trade cycle.

13.    Discuss the monetary and fiscal policies mix to achieve growth with stability.

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