Download Goa University BA LLB-5 Years 2016 April 3rd Semester Economics (Macro Economics) Question Paper

Download Goa University BA LLB-5 Years Course (Bachelor Of Arts and LLB Five Years) 2016 April 3rd Semester Economics (Macro Economics) Question Paper

B.A LLB. (Semester [11) Examination April 2016
Economics (Macroeconomics)
Duration: 3 hours Total marks: 75
Instructions: 1) Answer any Eight from Q] to Q. 12. (8 x 8 = 64)
2) Q. No 13 and Q. No. 14 are compulsory.
1) Explain GDP and NNP as concepts of National Income.
2) How is national income related to Government sector?
3) Explain the precautions that should be taken while measuring national income in all the three
months.
4) Discuss Say?s Law of market under the classical approach.
5) Elaborate on the employment and output situation under the classical approach.
6) How has Keynes evaluated the classical approach?
7) Evaluate the employment and output theory given by Keynes.
8) Explain ex post and ex ante investment.
9) Discuss the classical theory of interest.
10) Explain the characteristics of a trade cycle.
11) Evaluate the relationship between economic growth and technical progress.
12) Explain Harrod and Domar?s Theory Growth.
13) Short notes answer any two out of three. (3x2=6)
a. What is personal income of an individual?
b. What is meant by economic growth and development?
c. How does the investment multiplier work?
14) Short notes answer any two out of three. ' (2x2.5=5)
a. What is NDP? ?
b. Why is green accounting important?
c. What is effective demand?
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