Download PTU B.Sc (BBE) 2020 March 4th Sem 74371 Macroeconomics Ii Question Paper

Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) B.Sc-Business-Economics (Bbe) 2020 March Previous Question Papers

1 | M-74371 (S12)-960

Roll No. Total No. of Pages : 02
Total No. of Questions : 09
B.Sc. Business Economics (BBE) (2015 to 2017) (Sem.?4)
MACROECONOMICS-II
Subject Code : BBE-403
M.Code : 74371
Time : 3 Hrs. Max. Marks : 60

INSTRUCTIONS 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.

SECTION-A
1. Answer briefly :
a) Define aggregate demand.
b) Differentiate between money wage and real wage.
c) What is proportional tax system?
d) What are the main sources of public revenue?
e) Differentiate between capital market and money market.
f) Define open economy.
g) What are rational expectations?
h) What is subsidy?
i) What is nominal wage rigidity?
j) What are the causes of increasing public expenditure?
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1 | M-74371 (S12)-960

Roll No. Total No. of Pages : 02
Total No. of Questions : 09
B.Sc. Business Economics (BBE) (2015 to 2017) (Sem.?4)
MACROECONOMICS-II
Subject Code : BBE-403
M.Code : 74371
Time : 3 Hrs. Max. Marks : 60

INSTRUCTIONS 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.

SECTION-A
1. Answer briefly :
a) Define aggregate demand.
b) Differentiate between money wage and real wage.
c) What is proportional tax system?
d) What are the main sources of public revenue?
e) Differentiate between capital market and money market.
f) Define open economy.
g) What are rational expectations?
h) What is subsidy?
i) What is nominal wage rigidity?
j) What are the causes of increasing public expenditure?
2 | M-74371 (S12)-960

SECTION-B
UNIT-I
2. Explain the instruments of monetary policy used by the central bank.
3. Discuss the effect of shift in IS and LM curves on equilibrium GDP and rate of interest.
UNIT-II
4. Describe the rational expectations hypothesis. What are its implications?
5. Discuss the policy ineffectiveness proposition based on theory of rational expectations.
UNIT-III
6. What is financial market? Discuss the importance of financial markets.
7. Discuss the dynamic investment theory.
UNIT-IV
8. Explain Solow Swan Model of economic growth.
9. Discuss the properties of Ramsey Model.




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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