Bangalore University 2008-2nd Sem B.A Economics Macro -./B.Sc, - Question Paper

Second Sem. B.A./B.Sc. Examination, June 2008
(Semester Scheme)
ECONOMICS (Paper-II)
Macro economics

Time: three Hours Max. Marks: 100

Instructions: 1) ans should be written either in Kannada or in English.
2) Answers to Part A must be continuous.
3) ans should be Precise.

PART-A
(Objective Type)

1. ans any ten of the subsequent in 2-3 lines every. every ques. carries two marks: (10x2=20)

1. a) What is Macro Economics?
b) describe national income.
c) describe J.B.Say’s legal regulations of market.
d) What is circular flow of Income.
e) What is accelerator?
f) What is autonomous and induced investment?
g) describe Fisher’s formula.
h) Mention 4 functions of Commercial Bank.
i) Mention Adam Smith’s 4 cannons of taxation.
j) Mention Adam Smith’s 4 canons of taxation.
j) What is deficit budget?
k) Distinguish ranging from impact and incident of taxation.
l) What is sinking fund?

PART-B
(Analytical Type)

ans any 5 of the subsequent in 20 lines every. every ques. carries 5 marks. (5x5=20)

2. discuss the importance of Macro Economics.
3. discuss the methods of estimating national income.
4. discuss the balance sheet of a commercial bank.
5. Write a note on multiplier.
6. discuss the functions of Central Bank.
7. Briefly discuss the principle of Maximum social advantage.
8. discuss the methods of debt redemption.

PART-C
(Essay Type)

ans any 3 of the subsequent. every ques. carries 15 marks. (3x15=45)

9. What is effective demand? discuss the factors determining the effective demand.
10. discuss the preparation and issues in the construction of Index numbers.
11. What is credit creation? discuss its limitations.
12. discuss the causes for increase in the public expenditure in the latest years.
13. Distinguish ranging from direct and indirect tax. discuss its merits and demerits.

Earning:   Approval pending.