24230 @
IV SEMESTER BA EXAMINATTON - MAY/JI]NE2O24
SCHEME: SEM'ESTER (NEP)
(.- ,020 ECONOMTCS
MACRO ECONOMICS
Time: 2YzHours Max Marks: 60
Instructions to Candidates: Answer all parts.
oe* qDrlrlerto w$Oe.
Part -A
z;orl - o
l. FrvE questions in one or two sentence6
Answer any 5x2=10
o3n$aoddn o* dd,rleil a.od:/od6 aodrlsrd:. erudO*.
a. State Say's law of market. COI LLl
ieddd drocbd€ &o$$d6b4 Odro"b:r.
C
b. Write Fisher's equation. COl LL1
Y
BR G
.irdo" erdd d0ceddeodab* z^:do$O.
AR
c. What is effective demand? COl LLI
LI F
doraauj:ooo aJeBd aoddeab?
M
d. State the psychological law of consumption. CO2LLI
oabqloerld drod:rd Oo$"$ddb4 Odra&:r.
e. What is marginal efficiency of capital? CO2LLI
zoodao$ $edood d1id aodded:?
f. Give the meaning of Multiplier. COZLLI
rbeodd erflrddc* 0eG.
g. What is Ml and M2? CO3 LLt
Ml d)6 tvtz aodde$?
h. Give the meaning of Phillips Curve. CO3 LLI
qrOq dee8 aoe^ldd er{r 0eG.
Part - B
rprl - eD.
Answer any SIX questions in about a page each. 6x5=30
o3n$ooddo eccb dd4rlei{ e"odr abt^ldg Qrugio,l.
2. Briefly explain the classical theory of employment. COILL}
xoogioaobd wdorerl ,lqoddd:o Bofldaan Ado:r.
PTO
ffil\
24230 W-
COI LLz
3. Examine the determinements of effective demand'
doeaodrtao aieBdo3: 0Oarddi19$4 dOSeOBr'
COzLLZ
4. Explain the Permanent Income Hypothesis'
uo{d uoao$d dgd&4 adotu.
COTLL2
5. Write a note on Keynesian psychological law of consumption'
Eeqddd era:ef,oena drod&d Oo$$d ud o'l{ed e;douo'
COzLLz
6. Briefly explain the determinants of investment function'
d,oa8 e.rouddd>* OdroiDd elodrlddlo nof,daan adotu'
COzLLz
7. Write a note on the concept of multiplier'
rbeod doqmddo$ u{ u^l{d udobo.
CO3 LLz
8. Discuss the different measures of money supply'
deod dodeJEo$ Dad drdd3719$4 a3drxr.
CO3 LLZ
9. Write a note on liquidity preference approach'
gidrdoe-:ad dr.g8oedd u{ 0^3{td udocoo.
C
Y CO3 LL3
10. Briefly explain wage cut theory of A.C. Pigou.
BR G
o.tu..rrb ddd d.oo dad ,rrqodd u{ dof,damn adoA'
AR
LI F
Part - C
M
?,rorl -A
Answer any Two questions in two to three pages each:
2xl0=20
otpdunddo od& Ed4rleit odd/drn& dotJrl$g w$O'l:
COl LL3
11 . Describe the Fisher's Quantity theory of money'
.le"dddd deod dodroeod *aaooddd:* adO:r.
with
12. Explain the National income determination in Keynesian two sector economy
aggregate demand & supply function. CO}LL3
deqddd qdDdo erdrdrd{o$g nild zSeaE $q B$d &eGE rooJrril$
droe.:d -SroJ. dddodd OPrddd:o adoA. .
CO3 LL3
13. Explain the high powered money and money multiplier concepts.
eQd dSo$ deo d:d: deod rbeodrt$ doepoddrl$$4 AdoA'
CO3 LL3
14. Discuss the Lonable Funds theory of Knut Wickcell'
d[,trourdefddd roe,: 0Q xrqoddd>* zda3rxr.
*rr **{< **
2