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Important Questions for "Macroeconomics":

[1]

  1. Discuss clearly the classical theory of employment.
  2. What is effective demand? Explain its role in Keynesian theory of employment.
  3. Explain clearly the liquidity preference theory of interest propounded by J. M. Keynes.

[2]

  1. Which issue is concerned with macroeconomics?
  2. Which is the factor of economic development?
  3. According to the Neo-classical growth theory which is necessary for economic growth?

[3]

  1. Who is considered the father of Macroeconomics?
  2. In a closed economy, what is total expenditure equal to?
  3. What are the characteristics of stagflation?

[4]

  1. Differentiate between Microeconomics and Macroeconomics.
  2. What are the central problems of an economy?
  3. Explain the role of the group of twenty (G-20).

[5]

  1. Explain food availability decline theory or describe macroeconomics and its scope.
  2. Differentiate between desire and demand.
  3. Discuss the differences between direct taxes and indirect taxes.

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