Download Goa University BA LLB-5 Years 2014 Oct 3rd Semester Economics III Macro Economics Question Paper

Download Goa University BA LLB-5 Years Course (Bachelor Of Arts and LLB Five Years) 2014 Oct 3rd Semester Economics III Macro Economics Question Paper

B.A.LL.B. (SEMESTER -III) Examination, October 2014
ECONOMICS ? HI: MACRO ECONOMICS
Duration: 3 Hours Total Marks: 75
Instructions : Answer any Eight from Q. No. 1 to 12 (8X8=64)
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Question No. 13 and 14 are compulsory.
Explain the expenditure method and the problems encountered in measuring the
national income by this method.
Explain the dif?culties in preparing social accounts.
Bring out the advantages and disadvantages of green accounting.
Explain the Say?s law of market and its implications.
Explain the principle of effective demand.
Explain the determinants of consumption function.
Bring out the difference between autonomous & induced investment.
Explain the classical theory of interest.
Explain Keynes?s theory of trade cycle.
10) Explain the measures to control the business cycles.
1 1) Elaborate on the causes of economic growth.
12) Explain the Domar model of economic growth. .
13) Write short notes on any two: 6
a) Relationship between national income and welfare
b) Average propensity to consume
c) Recovery phase of business cycle
d) Keynes?s criticism of classical theory
14) Write a short note on any two: 5
a) Speculative motive of Keynesian theory
b) Characteristics of business cycle
c) Assumptions of Joan Robinson?s model of capital accumulation
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