Madras University (UnOM) 2006 B.A Economics V Macro - Question Paper

Time: 3 hours
Maximum: 100 marks

SECTION-A [10X2=Marks 20]
ans ALL ques. within 50 words every
All ques. carry equal marks.

1. What is Macro Economics?

2. What is the meaning of consumption function?

3. What is investment?

4. What is the meaning of Seasonal Unemployment?

5. describe avg. propensity to consume.

6. describe Multiplier

7. describe the Concept of Saving

8. What is the meaning of Money?

9. What is a “Trade Cycle”?

10. describe the term - Trade

SECTION-B [5x8=Marks 40]
ans any 5 within 300 words every.
All ques. carry equal marks.

11. discuss the methods to measure National Income

12. discuss the importance of Effective Demand.

13. elaborate the causes for inflation?

14. elaborate the main objectives of monetary policy?

15. elaborate the instruments of macro economic policy?

16. discuss Liquidity Preference Theory.

17. discuss the importance of International Trade.

SECTION-C [2X20=Marks 40]
ans BOTH the ques. within 1,200 words every.
All ques. carry equal marks.

18. a. State and discuss the nature of Macro Economics.
Or
b. Critically examine Hicksian theory of trade cycle.

19.a. Critically examine modern theory of International Trade.
Or
b. discuss IS-LM equilibrium.

Earning:   Approval pending.