University of Mumbai 2008 B.A S.Y.ember - Economics - II - Question Paper
Kindly obtain the attachment.
ws Oct 08 121 , -|
tiConoOM e-S*- /} HJ7246
Con. 211-08.
(3 Hours) [Total Marks : 100
N.B. :(1) Attempt any five questions by choosing not more than three questions from each section.
(2) Figures to the right indicate full marks.
(3) Draw diagrams wherever necessary.
Section I
1. (a) Discuss the significance and limitations of macro economics. 10 (b) Bring out the main features of different phases of business cycle. 10
2. (a) Explain the says law of market. 10 (b) Explain the classical theory of employment. 10
3. (a) Explain the principle of multiplier and its working. 10 (b) Discuss the factors affecting the consumption function. 10
4. (a) Examine the classical and neo-classical approach to demand for money. 10 (b) Critically examine the liquidity preference theory of interest. 10
5. Write notes on any two of the following 20
(a) Marginal efficiency of capital
(b) Principle of effective demand
(c) Supply of money
(d) Velocity of circulation of money.
Section II
6. (a) What are the functions of commercial banks ? 10
(b) Examine the process of credit creasion of commercial banks. 10
7. (a) Discuss various objectives of monetary policy. 10
(b) Explain the quantitative credit control measures of a central bank. 10
8. Discuss the relative merits and demerits of direct and indirect taxes. 20
9. (a) Distinguish between internal and international trade. 10 (b) What are the components of foreign exchange market ? 10
10. Write short notes on any two of the following 20
(a) Functions of a central bank
(b) Canons of taxation
(c) Causes of increasing public expenditure
(d) Structure of balance of payment.
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Attachment: |
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