Download Goa University BA LLB-5 Years 2015 April 3rd Semester Economics III Macro Economics Question Paper

Download Goa University BA LLB-5 Years Course (Bachelor Of Arts and LLB Five Years) 2015 April 3rd Semester Economics III Macro Economics Question Paper

B.A. LLB. SEMES'I?ER Ill EXAMINA?I?ION APRIL 2015
ECONOMICS ? lll: MACRO ECONOMICS
Duration: 3 Hours Total Marks: 75
Instructions: |) Ansner any eight questions from 0.] to Q. 12
2) Q. N0. 13 and O. N0. 14 are compulsory.
1) Explain the income method and the problems encountered in measuring the national
income by this method.
2) Explain the importance of social accounting.
3) Bring out the advantages and disadvantages ot?green accounting.
4) Explain the Say?s law Ofmarket.
5) Explain the principle of effective demand.
6) Elaborate 0n the importance of the consumption function.
7) Bring out the difference between autonomous & induced investment.
8) Critically evaluate Keynes's liquidity preference theory.
9) Explain Hayek's monetary over-investment theory.
10) Explain the measures to control the business cycles.
l 1)Elaborate 0n the causes of economic growth.
12) Explain Joan Robinson?s model ofcapital accumulation.
[3) Write short notes on any two:
a) Marginal propensity to consume
b) Recession phase of business cycle
c) Keynes?s criticism ofclassical theory
14) Write a short note on any two:
a) Precautionary motive of Keynesian theory
b) Characteristics ofbusiness cycle
c) Assumptions ofthe Solow model.
*******
8
ocoooooooooooooo?oooooc
'JI