University of Delhi 2010-1st Year M.Com Commerce BUSINESS ENVIRONNMENT UNIVERSITY - Question Paper
This question paper contains 4 printed pages]
Your Roll No 3TTW *
6495 i
M.ComySem.II J
Paper6202 Business Environment (NSAdmissions of 2009 and after)
Time 3 Hours Maximum Marks 70
WW : 3 Tjyifo : 70
(Write your Roll No on the top immediately on receipt of this question paper ) # 'SPJK TfTT TfH 3WI I)
Attempt All questions All questions carry equal marks
jrtft cbirm wft TO tl
1 (a) Derive and show that a set of nominal IS and LM functions can establish real income and real interest rate in an economy Explain its dynamics
LM 3T<foqcR8n 3 3TRT
aft kTT tl 3
Or (3TOT1)
(6) The diversified investor helps m determining a demand function for real cash balances Do you agree ? Give reasons
"fWr fTCT TTfrr
t
WRT f 1 K13! mTT I
2 (a) Establish a price sensitive aggregate demand function with the help of IS-LM functions Comment upon its slope.
IS-LM WJcTT 3
Wi fT7| m fOTujt
Or
(6) WA price sensitive aggregate supply function is based on money illusion effect'. Do you agree 9 Critically analyze
m srmiftcT Ftcn wwf ? 31TdHHIcHch
r <0*1*1
3 (a) Show what happens when money supply becomes
both endogenous and exogenous How does it impact rate of interest and level of income 9
R fT MR TeTcTT | 7
Or
(aran)
(6) Real business cycle theory can explain how shocks lead to business cycles Do you agree 9 Give reasons Are there any limitations of this theory9
cjKdfacfr ccj|ij xBJT fTORT 3R TFkTI t
3TM?T faRJ MR
f IM 3TR W t 7 RT RTTfTTI 3T 7 MR'HlHIH f ?
4 (a) Globalization is a necessary evil Discuss
Or (arem)
(b) WTO has played a significant role m the growth of trade and investment m this globalised world. Critically analyze
c<ch wra 3 oitptr ajfc fnrt %i
5 (a) How does equilibrium differ between a closed and open economy ? Explain m detail
aftr afcfoqqHI "if faiH ybk
Or
(6) Explain Steady State Growth What is the impact of an increase in population on the Golden Rule ?
Tm s&m tt Trrcqf t ? rewssai 3 cft 1wr -qr ptt srare t ?
6495 . 4 400
Attachment: |
Earning: Approval pending. |