Download PTU BBA 2020 March 2nd Sem 10545 Macroeconomics Question Paper

Roll No. ____________________ Total No. of Pages : 02

Total No. of Questions : 09

BBA (2014 to 2017) / B.SIM/BRDM (2014 & Onwards)

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(Sem.-2)

MACROECONOMICS

Subject Code: BBA-202

M.Code : 10545

Time : 3 Hrs. Max. Marks : 60

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INSTRUCTION TO CANDIDATES :

1. SECTION-A is COMPULSORY consisting of TEN questions carrying TWO marks each.
2. SECTION-B consists of FOUR Sub-sections : Units-I, II, III & IV.
3. Each Sub-section contains TWO questions each, carrying TEN marks each.
4. Student has to attempt any ONE question from each Sub-section.

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SECTION-A

1. Answer briefly :

   1. Need of Macro Economics
   2. National income at factor cost
   3. Disposable income

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   4. Full employment
   5. Wage price flexibility
   6. Demonstration effect
   7. Marginal efficiency of capital
   8. Tax multiplier

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   9. Demand pull inflation
   10. Effects of monetary policy

SECTION-B

UNIT-I

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2. Highlight the importance of macroeconomics in current context. Also elaborate its nature and scope.
3. Demonstrate the working of circular flow of income in four sector open economy.

UNIT-II

4. Why cannot unemployment exist under capitalist economic system in long run? Give your answer in the context of classical theory of income and employment.
5. Discuss life cycle hypothesis of consumption. Also give its critical appraisal.

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UNIT-III

6. Describe in detail the process of interest rate determination under Keynesian theory.
7. Give detailed explanation of the forward and backward working of foreign trade multiplier.

UNIT-IV

8. What do you mean by fiscal policy? Describe its role in stabilising the economic system.

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9. Critically evaluate the Keynesian views on money and prices.

NOTE: Disclosure of Identity by writing Mobile No. or Making of passing request on any page of Answer Sheet will lead to UMC against the Student.

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