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Important Questions for "Macroeconomic":

[1]

  1. Distinguish between average and marginal propensity to consume.
  2. Write a note on acceleration principle.
  3. Write a critical note on the concept of investment multiplier.

[2]

  1. What do you mean by Agricultural Policy?
  2. Discuss the objectives of macro economic policy in developing countries.
  3. Critically examine the new Import-Export Policy of India.

[3]

  1. Which issue is concerned with macroeconomics?
  2. According to the classical theory of interest rate is determined by:
  3. Which is the method of computing the national income?

[4]

  1. Who is considered the father of Macroeconomics?
  2. In a closed economy, what is total expenditure equal to?
  3. What does the IS curve represent in economic analysis?

[5]

  1. Explain the essential differences between macroeconomic and microeconomic approaches and their significance for economic theory.
  2. Give the merits and demerits of deductive methods.
  3. Define MNCs and explain their merits and demerits in the Indian economy.

[6]

  1. Differentiate between Microeconomics and Macroeconomics.
  2. What are the central problems of an economy?
  3. Explain briefly the functions of WTO.

[7]

  1. What does macroeconomic policy comprise?
  2. What does the macroeconomic policy of India comprise?
  3. When should deficit financing be done?

[8]

  1. Explain food availability decline theory or describe macroeconomics and its scope.
  2. Define full employment, voluntary unemployment, and involuntary unemployment.
  3. Discuss the differences between direct taxes and indirect taxes.

[9]

  1. What are the objectives of macroeconomic policy?
  2. Describe the agrarian policy of India.
  3. Discuss the Green Revolution and its impact on agriculture.

[10]

  1. What are the macroeconomic stabilization measures taken under the new economic policy?
  2. Give a brief account of problems faced by agriculture in India.
  3. What is Globalisation? Describe the steps taken by the government of India towards globalisation and its effect on the Indian economy.

[11]

  1. Which of the following is not a macroeconomic concept?
  2. What does demand backed by purchasing power indicate in economics?
  3. What market structure characterizes the cement industry?

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