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M.A-M.A Economics 4th Sem EC-405 : History of Modern Economic Analysis)(University of Pune, Pune-2013)

Saturday, 08 November 2014 06:53Nitha

                     M.A. (Part II) (Fourth Semester) EXAMINATION, 2013
                                                           ECONOMICS
                         EC-405 : History of Modern Economic Analysis)
                                                      (2008 PATTERN)

Time : Three Hours                                                             Maximum Marks : 80

N.B. :—

(i) Attempt All questions.

(ii) Figures to the right indicate full marks.

(iii) Answers should be precise and to the point.

(iv) Draw neat diagrams wherever necessary.

 

 

1. Answer the following questions in 500 words (any one) : [20]

(1) Describe the theory of value explained by John Hicks.

(2) Explain in detail the macro-economic theory meant by Friedman.

 

2. Answer the following questions in 500 words (any one) : [20]

(1) Explain the views of Franco Modigliani on financial markets and institutions.

(2) Explain the views of Meade James on International Economic Policy.

 

3. Answer the following questions in 250 words each (any two) : [20]

(1) Explain the Modified Phillip’s Curve developed by Tobin.[4304]-404 2

(2) Explain the general possibility theorem by Arrow.

(3) Why is Myrdal considered as the Adam Smith of poverty ? Explain.

(4) Explain the views of Paul Samuelson on Theory of Value.

 

4. Write short notes on the following (any four) : [20]

(1) Game theory by Nash

(2) Portfolio theory

(3) Human Resource Development

(4) Revealed Preference

(5) Goodwin’s Model

(6) Classical approach to inflation

 


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