" (i) Printed Pages : 7 Roil No.

(ir) Questions :9 , Sub. Code : 0l I 1l I

Exam. Code : 0 0 0 2

B.A./B.Sc. (General) 2od Semester

1048
ECONOMICS (In alt Mediums)
(Macro Economics)

TimeAllowed : Three Hoursl

[ltlaximum Marks : 90
Note :- Attempt five questions in ail, serecting at reast one

Na. I is compdsory.
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question each ftom Sections A, B, C and D.
euestion

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(Compulsory Question)
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Attempt any nine of the following :

(a) What do you mean by macro economics ? m

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(b) What is consumption function ?
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(c) Features of MPC (Marginal propensity to Consume).
(d) Define induced invesfinent.
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(e) Discuss two determinants of effective demand.
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(g) What is tull employment ? b r
(D What are the main features of niultiplier ?

(h) Mention main features of money.

(i) Define near money.
6) What is velocity of money ?
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theory of money ?
(k) What is Fisher's equation of quantity

SECTION.A

Discuss Keynes'psychological law

of consumption' What are
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its implications ?

of Capital) ?
3. What is meant by MEC (Marginal Efficiency
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Discuss the factors that iirfluence

SECTION-B
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4. Explain and criticise Say's Law of market'

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Explain Keynesian theory of income and
employment'
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creation.

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 SECTION-D
8. Define inflation. What are the causes of inflation ? Suggest
measures to correct it. lg

g. What is Fiscal Policy ? Discuss the role of fiscal policy as a

stabilisation policy. lg

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