Download PTU B.Sc-Agriculture 2020 March 7th Sem 75694 Macro Economic Analysis Question Paper

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

1 | M-75694 (S2)-2409
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
B.Sc.(Agriculture) (Sem.?7)
MACRO ECONOMIC ANALYSIS
Subject Code : BSAG-AEB-705
M.Code : 75694
Time : 3 Hrs. Max. Marks : 90
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying THREE
marks each.
2. SECTION-B contains FIVE questions carrying SEVEN AND A HALF (7.5) marks
each and students have to attempt any FOUR questions.
3. SECTION-C contains THREE questions carrying FIFTEEN marks each and
students have to attempt any TWO questions.

SECTION-A
1. Write briefly :
a) Difference between partial and general equilibrium
b) GDP
c) Transfer payments
d) Relative income hypothesis
e) Triple identity
f) Foreign trade multiplier
g) Leakages from multiplier
h) Marginal efficiency of capital
i) Phillips curve
j) Concept of Five year plan


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1 | M-75694 (S2)-2409
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
B.Sc.(Agriculture) (Sem.?7)
MACRO ECONOMIC ANALYSIS
Subject Code : BSAG-AEB-705
M.Code : 75694
Time : 3 Hrs. Max. Marks : 90
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying THREE
marks each.
2. SECTION-B contains FIVE questions carrying SEVEN AND A HALF (7.5) marks
each and students have to attempt any FOUR questions.
3. SECTION-C contains THREE questions carrying FIFTEEN marks each and
students have to attempt any TWO questions.

SECTION-A
1. Write briefly :
a) Difference between partial and general equilibrium
b) GDP
c) Transfer payments
d) Relative income hypothesis
e) Triple identity
f) Foreign trade multiplier
g) Leakages from multiplier
h) Marginal efficiency of capital
i) Phillips curve
j) Concept of Five year plan


2 | M-75694 (S2)-2409
SECTION-B
2. Explain the economy as a circular flow of income and expenditure.
3. Critically examine the classical theory of employment and output.
4. Critically discuss theory of consumption function on basis of different income
hypotheses.
5. Explain the concept and theories of inflation. Critically examine the concept of static and
dynamic multiplier.
6. Discuss the causes of inflation suggesting measures to control it.

SECTION-C
7. Discuss critically the role and significance of agriculture sector in Indian economy from
GDP share and growth perspective.
8. Discuss the national income concept and difficulties in its measurement.
9. Contrast and compare monetary and fiscal policies.








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