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Important Questions for "Macroeconomic":

[1]

  1. What do you understand by social accounting?
  2. What do you understand by a trade cycle?
  3. Explain circular flow of income in two and three-sector economics.

[2]

  1. What is Macro economic Policy?
  2. What do you mean by economic liberalisation?
  3. Critically examine the Population Policy of India.

[3]

  1. Which issue is concerned with macroeconomics?
  2. Regression analysis is a statistical tool for the investigation of:
  3. Price elasticity of demand is expressed as:

[4]

  1. Who is considered the father of Macroeconomics?
  2. Define the concept of marginal propensity to consume.
  3. What does the term 'liquidity trap' imply in economics?

[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. Show how in perfect competitive equilibrium the price of a commodity is equal to its average and marginal cost of production.

[6]

  1. Differentiate between Microeconomics and Macroeconomics.
  2. Explain briefly the functions of WTO.
  3. Write an essay on Export-Import Policy of India.

[7]

  1. What does macroeconomic policy comprise?
  2. What does the macroeconomic policy of India comprise?
  3. What type of card user becomes a debtor of the bank?

[8]

  1. Explain food availability decline theory or describe macroeconomics and its scope.
  2. What are the central problems of an economy?
  3. What is the production possibility curve? Why is it concave to the origin?

[9]

  1. What are the objectives of macroeconomic policy?
  2. What are the monetary measures to control inflation?
  3. Explain the role of MNCs in India.

[10]

  1. What are the macroeconomic stabilization measures taken under the new economic policy?
  2. What are the sources of rural finance? Critically evaluate the role of rural institutional finance in rural development.
  3. What are co-operative societies? What are their types? Write a note on the co-operative movement in rural India.

[11]

  1. Which of the following is not a macroeconomic concept?
  2. Who said that business cycles appear due to price fluctuations affecting output and employment?
  3. Under marginal utility analysis, how is utility assumed?

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