Veer Narmad South Gujarat University 2010 B.A Economics : 1 T.Y. - Question Paper
RR-0258 Third Year B. A. Examination March / April - 2010 Economics : Paper - I
(Macro Economics)
Time : Hours] :
[Total Marks : 70
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Name of the Subject:
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Instructions : (1) As per the instruction no. 1 of page no. 1.
(2) All questions carry equal marks.
1 Answer in brief the following : 14
(1) State the methods of measurement of national income.
(2) What is marginal propensity to consume ?
(3) What is Keynsian multiplier ?
(4) State the factors affecting supply of loneable fund.
(5) State the specific concepts of Hantrey's theory of trade cycle.
(6) State the equation of natural rate of growth.
(7) What is full employment ?
Discuss the difficulties and importance of measurements of 14 national income.
(a) Explain Say's law of market.
(b) Discuss the Keynesian criticism on theory of employment given by classical economists.
3 Explain the Keynsian theory of affective demand. 14
OR
3 Explain the liquidity preference theory of interest. 14
4 What is trade cycle ? Explain its various stages. 14
OR
4 Explain Harrad's model of economic growth. 14
5 Write short notes : (any two) 14
(1) Leakages of multiplier
(2) Source of economic growth
(3) Limitation of loneable fund theory
(4) Factors affecting marginal efficiency of capital.
RR-0258] 3 [ 2500 ]
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| Earning: Approval pending. |
