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

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

PART A – (3X5=15)
ans any 3 ques.
every ans need not exceed one page


1. discuss the role of public enterprise in India.
2. Write a note on Pareto’s optimality.
3. discuss the effect of externalities in production and consumption.
4. discuss the effects of deficits financing on growth and stability.
5. Compare the functions of the Finance commission and Planning commission.


PART B – (4X15=60)
ans any 4 ques. in Essay Form



6. explain the different pricing policies of Public Enterprises.
7. Examine Arrow’s conditions of social welfare function.
8. explain the use of cost-benefit analysis in determining option of investment projects.
9. explain the causes of tax evasion and the measures for controlling it.
10.Explain the causes for increasing public debt and its composition in India.
11.Discuss the role of fiscal policy in underdeveloped countries.
12.Examine the centre-state financial relationship in India.

Earning:   Approval pending.