Thursday, August 5, 2021

Bharathidasan University B.A Macro Economics April 2018 Question Paper

Bharathidasan University

Dec 2018 U/ID 22056/UCDE

B.A., DEGREE EXAMINATION, April 2018

Economics

Macro Economics

Time : Three hours Maximum : 100 marks

PART A - (10×3=30 marks)

Answer any Ten questions each in 50 words.

1.Define 'Macro economics'

2. What is meant by National income?

3. Indicate the meaning of Real Income.

4. Define 'Consumption Function'.

5. What do you mean by Demonstration effect?

6. Distinguish between APC and MPC.

7. What is meant by Marginal efficiency of capital.

8. Define 'Investment function'.

9. What is accelerator?

10. Draw Liquidity trap.

11. What is Real balance effect?

12. Define 'Macro economics policy'.

PART B - (5×6=30 marks)

Answer any Five questions each in 200 words.

13. Explain the circular flow of income in a two sector model.

14. Point out the uses of National Income.

15. State and explain the Say's law of market.

16. Explain the lifecycle hypothesis of consumption.

17. Narrate the determinants of investment.

18. Write a note on post Keynesian macro analysis.

19. What are the objectives of Macro economic policy?

PART C - (4×10=40 marks)

Answer any Four questions each in 500 words.

20. Distinguish between Micro and Macro economics.

21. Critically examine the classical theory of employment.

22. Discuss Keynes psychological law of consumption.

23. Explain the working of multiplier and point out its importance.

24. What are the motives for holding money, according to Keynes?

25. Explain general equilibrium using IS -LM curves.

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