Punjab Technical University 2007 B.B.A MACRO ECONOMICS - Question Paper

Roll No. ......................
Total No. of ques. : 13] [Total No. of Pages : 02
Paper ID [B0109]
(Please fill this Paper ID in OMR Sheet)
BBA (203) (Old/S05) (Sem. - 2nd)

MACRO ECONOMICS
Time : 03 Hours Maximum Marks : 75
Instruction to Candidates:
1) part -A is Compulsory.
2) Attempt any 9 ques. from part - B.

part - A
(15 × two = 30)
Q1)
a) Effective Demand.
b) Disequilibrium.
c) Gross National Product.
d) Private Income.
e) Aggregate Supply.
f) describe Tax Multiplier.
g) Static Vs. Dynamic Multiplier.
h) Absolute Income Hypothesis.
i) Consumption function.
j) avg. Propensity to Consume.
k) Autonomous Investment.
l) Supply Price.
m) Business Expectations
n) Monetary Policy.
o) Public Expenditure.
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part - B
(9 × five = 45)
Q2) discuss in detail ?Economic Statics?.
Q3) explain briefly the Sectoral Accounting method of measurement of National
Income.
Q4) Show with the help of a diagram how equilibrium level of output and
employment is determined in keynesian System.
Q5) List out the main issues of measurement of National Income.
Q6) discuss the Income generation process through Dynamic Multiplier.
Q7) explain in brief the working of Foreign Trade Multiplier.
Q8) elaborate basic determinants of a consumption function?
Q9) What is Income? explain the Permanent Income Hypotheses.
Q10) describe MEC? discuss the measures to promote investment.
Q11) define the cost push theory of inflation.
Q12) Distinguish ranging from Monetary and fiscal Polices.
Q13) discuss in brief the classical approach in relation to interest rate determination.
b b b b
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Earning:   Approval pending.