Madurai Kamraj University (MKU) 2007 B.A Economics macro - exam paper
6121/E31 / OCTOBER 2007
MACRO ECONOMICS
(For those who joined in July 2003 and after)
Time : Three hours Maximum : 100 marks
SECTION A (4 x 10 = 40 marks)
Answer any FOUR questions.
All questions carry equal marks.
Each answer should not be less than 1 page.
1. Giluj 6U0LDrT6BT LjCTTcrfl oSluijrij&erflajr 6l51STT<50ffi.
Explain the importance of national income data.
2. OrT0UL) Gaoeu LDrbpLb Qrr@uq ceifluLj ufprfjl 0 Ip @p51uL| CT(LpgJ.
Write a note on aggregate demand and aggregate supply functions.
3. |lp< l&sna) lgJ<$ITGL| JBiTlluLD GTSffTfDrrcb OT65rCffT?
What is marginal propensity to consume?
4. Expost GffuSluonu exante GffuSluiileijrpLb Geupu@iffi.
Differentiate expost savings from exante savings.
5. Ljluj QiT6STani) euilii|. GarrLun'L-iq.eDSir qSIctt. Explain the new-classical theory of interest.
6. sun-swfluff <KLpjb#lui65r uebGeup laocoffierr urbn51 @0 Ip @r)luL| 0.
Give a brief note on the phases of trade cycle.
7. Ca(DULj,*$6ijT 6urr65rf)u,j Gffi(TL_umliei)65r aSleuiflffi.
Describe Hayeks trade cycle theory.
8. QurT0srrrT0mj GU6rriTffi1<K@ Q<nt)fie puu ajcrriTffiliiSleiir
oSlsrr.
Explain the significance of technological progress for economic growth.
SECTION B (3 x 20 = 60 marks)
Answer any THREE questions.
All questions carry equal marks.
Each answer should not be less than 3 pages.
9. 6U0LDnm0S);5<s 6roriil($lib QuiTgj gTDuglLb il<5d)a)err Qajofl Glan-samT.
Bring out the problems involved in the measurement of national income.
10. QjgnwaniD Gajcneoa GffirnlumlianciiT 6iSl6UiTla|Lb. Discuss classical theory of employment.
11. <S65TGnSl65I 6uLli).ffi GffirTUUFT UjbfSl & IjDCffirTLUloa @n5luL| 550.
Give a critical note on Keynesian theory of interest.
12. Qurr0ermprTijp$eo currasrfluff * iprbil ig-jbuiJlglLb SlsnenajffiaDerr
Examine the effects of trade cycle on the economy.
13. ajiTaiBfluff *Lprr)il uifjrSl 6ST0nSl65r 0igi<Kaf)GTT eSl6TT(8j<$. Explain Keyness view on trade cycle.
14. affilscnSlan- Qu0<i) - aari_fnlL_Lb u>rr,)ifl upfilp Ip65rrruj64 QffiL.
Analyse critically Hicks multiplier - accelerator interaction model.
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| Earning: Approval pending. |
