Madras University (UnOM) 2006 M.A Economics Public - Question Paper

Time: 3 hours
Maximum: 100 marks

SECTION-A [5x8=Marks 40]
ans any 5 ques..
All ques. carry equal marks.
every ans should not exceed 300 words.

1. Write briefly on marginal cost pricing principle.

2. Critically evaluate Arrow’s impossibility theorem.

3. discuss impact, shifting and incidence of taxation.

4. Examine the merits and demerits of income tax.

5. What is Fiscal deficit? Outline the efforts of the Government to decrease its size.

6. elaborate the objectives of monetary policy? Is there any conflict ranging from them?

7. elaborate the main sources of revenue for the Central Government?

8. Examine the ways and means of increasing local finance.

SECTION-B [3x20=Marks 60]
ans any 3 ques..
All ques. carry equal marks.
every ans should not exceed 1,200 words.

9. Analyse the role of public sector in India.

10. discuss the causes and consequences of rapid increase in public expenditure in India.

11. State the essentials of a good system of taxation for a developing economy.

12. Examine the magnitude of public debt of the Government of India and the methods adopted for redeeming it.

13. discuss the role of fiscal policy in promoting economic development in India.

Earning:   Approval pending.