Punjab University 2008 B.A Economics - : A, : Part - II - Question Paper
Tuesday, 07 May 2013 02:10Web
ECONOMICS- Paper : A
(Macro Economics)
B.A. 2nd Year
Time Allowed: 3 Hours Maximum Marks : 90
Note: (i) Attempt 5 ques. in all, selecting atleast 1 from every
Section A,B,C and D. ques. No. one is compulsory.
1. Answer any 9 of the following:
(a) Define the concept of Macro Economics.
(b) What is full employment ?
(c) Output is always equal to Income.How ?
(d) Define Marginal Propensity to consume.
(e) What is meant by Investment in Economics ?
(f) Define Prospective Yield.
(g) Derive the formula showing the relationship ranging from MPC and the
value of multiplier.
(h) What do you mean by transaction motive of demand for money ?
(i) Define near money.
(j) What is money market ?
(k) What do you mean by cash reserve ratio ?
(l) What is inflationary gap ?[Marks 18]
SECTION-A
2. Describe Keynesian Theory of income and employment.[Marks 18]
3. "Supply creates its own demand."Critically examine the statement.[Marks 18]
SECTION-B
4. Discuss Keynes Psychological legal regulations of consumption. elaborate its
implications ?[Marks 18]
5. What is marginal efficiency of capital ? discuss the factors on which marginal
efficiency of capital depends.[Marks 18]
SECTION-C
6. "Money is good servant but a bad master."Explain fully this statement.[Marks 18]
7. Discuss the process of credit creation by commercial blanks.[Marks 18]
SECTION-D
8. Discuss the causes of inflation. provide measures to accurate it.[Marks 18]
9. What is monetary policy ? explain the role of monetary policy to bring economic
stability in the economy.[Marks 18]
Earning: Approval pending. |