Veer Narmad South Gujarat University 2011-2nd Year B.A SB-0121 Ecomonics ( 3 ) - Question Paper

SB-0121

Second Year B. A. Examination March / April - 2011 Economics : Paper - III

(History of Economic Thought) (New Course)

Time : 3 Hours] : (<l) 6silq<3i Puunkiufl [qaim SuwiA u1 qsq d-onql. Fillup strictly the details of signs on your answer book. Name of the Examination :

[Total Marks : 70 ""'N Seat No.:

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ENGLISH VERSION

Instructions : (1) As per the instruction no. 1 of page no. 1.

(2)    Question No. 1 is compulsory.

(3)    All questions carry equal marks.

1 Write short answer to the following questions :    14

(I)    Give the name of any two physiocrat economist.

(2)    Why mercantalists are known as the makers of planning?

(3)    What is Rent according to Ricardo?

(4)    State J. B. Says market law.

(5)    What is industrial reserve army?

(6)    State any two reasons for increasing the wealth of nation as given by Adam Smith.

(7)    What is meant by consumption function?

2 Critically discuss the main economic thoughts of    14

mercantilism.

OR

2    Discuss the place (importance) given to agriculture in    14 physiocrats thoughts.

3    Explain the Karl Marks theory of Surplus Value.    14

OR

3    Examine Alfred Marshalls thoughts regarding value    14 determination.

4    Discuss briefly the main economic thoughts of Mahatma 14 Gandhiji. How far they are relevant in present?

OR

4    (a) Explain J. S. Mills concepts of the stationary state 14

(b) Explain Alfred Marshalls concepts of representative.

5    Write short notes : (any two)    14

(1)    Friedrich Lists thoughts on protectionism.

(2)    The importance of division of labour in Adam Smiths thoughts

(3)    Thoughts of Prof. Wickshell

(4)    Characteristics of Keynsian Economics.

SB-0121]    3    [ 3300 ]

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Attachment: veer-narmad-south-gujarat-university-2011-b-a--27945-1.pdf

Earning:   Approval pending.