Tamil Nadu Open University (TNOU) 2009 B.A Economics History of economic thought - Question Paper

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UG-649 BEC-21

B.A. DEGREE EXAMINATION - JUNE, 2009. Second Year Economics (AY 2005-06 batch onwards)

HISTORY OF ECONOMIC THOUGHT Time : 3 hours Maximum marks : 75

PART A (3 x 5 = 15 marks)

Answer any THREE questions.

1. Explain the concept of Natural Order.

2. Make a note on Gandhis view on machinery.

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3. Discuss Ricardian theory of wage. ifl<s<sirGi_m tU SaFLUTLfflL

4. Define Says law of market.

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5. What is Marginalist Revolution.

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PART B (4 x 15 = 60 marks)

Answer any FOUR of the following.

6. Discuss the economic ideas of Physiocrats.

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7. Explain Keynesian theory of employment.

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8. Examine the important ideas of historical school. iijn'0p Qwnw 0ZX^OT ifl.

9. Explain the economic ideas of J.B. Say.

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10. State the basic elements of Gandhi.

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11. Critically analyze Keynesian economics.

12. Explain the Malthusian theory of population.

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