University Of Pune Question Paper
B.B.A. (Semester- III)
BUSINESS ECONOMICS (MACRO)
(2008 Pattern) (305)
Time : 3 Hours] [Max. Marks : 80
Instructions to the candidates:
1) All questions are compulsory.
2) Figures to the right indicate full marks.
3) Draw neat and well labeled diagrams wherever necessary.
P618 [Total No. of Pages : 1
SEAT No. :
Q1) Define macroeconomics. What is its nature, scope, and importance? [15]
OR
What is Say’s Law of Market?
Q2) What is inflation? Explain the concept of Cost Push inflation. [15]
OR
Explain the Keynesian Theory of income and employment.
Q3) What is Fiscal Policy? Explain in detail tools and techniques of Fiscal policy. [15]
OR
What is induced investment? Explain the factors influencing investment.
Q4) Explain the following concepts and the interrelationship among them:
GDP, GNP, NDP and NNP [15]
OR
Critically examine Keynes’ psychological law of consumption.
Q5) Write short notes (Any Four) [20]
a) Phases of Business Cycle
b) Monetary policy to control inflation
c) Deflation
d) Limitations of macroeconomics
e) Accelerator principle
f) Circular flow of macroeconomic activity for 2 sector economy
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