Tamil Nadu Open University (TNOU) 2004 M.A Micro Economics Analysis - Question Paper

TAMILNADU OPEN UNIVERSITY
M.A. DEGREE exam
MICRO ECONOMICS ANALYSIS
October, 2004
Time: three hours Maximum marks: 75.

part A – (3X5-15)
ans any 3 of the subsequent.


1. What is meant by consumption function? define the importance of consumption and
investment in macro economic analysis.
2. Micro Economics and Macro Economics are interrelated with every other – Do you agree.
3. What is meant by National income? discuss the methods of calculating National Income?
4. discuss the term multiplier and accelerator.
5. discuss inflation and state the kinds of inflation.

part B – (4X15=60)
ans any 4 ques..


6. discuss Fisher’s volume theory of money and state the limitations.
7. How does Keynes criticize the classical theory of Employment? discuss how income and
employment is determined in Keynesian theory.
8. discuss in detail the Modern theory of International Trade.
9. Enumerate the types, causes of inflation and its effect.
10.The ISLM techniques is to analyse the effect of an autonomous increase in investment -
discuss.
11.Examine Patinkin’s contribution ranging from the Money supply, rate of interest and the price
level.
12.State and discuss “says law” and what ground did Keynes refuse it.

Earning:   Approval pending.