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Important Questions for "Macroeconomics":

[1]

  1. Write a note on acceleration principle.
  2. Explain clearly the absolute income hypothesis of the relationship between consumption and income.
  3. Discuss clearly the classical theory of employment.

[2]

  1. Which issue is concerned with macroeconomics?
  2. Which is included in economic development?
  3. The New growth theory emphasizes on the:

[3]

  1. Who is considered the father of Macroeconomics?
  2. Define the concept of marginal propensity to consume.
  3. What is the significance of ex-ante and ex-post concepts?

[4]

  1. Differentiate between Microeconomics and Macroeconomics.
  2. Explain the concept of globalization along with its advantages and disadvantages.
  3. What are the main objectives of monetary policy? What are the limitations of monetary policy in an underdeveloped economy?

[5]

  1. Explain food availability decline theory or describe macroeconomics and its scope.
  2. List the main functions of money.
  3. Differentiate between central bank and commercial banks or explain fixed exchange rates and flexible exchange rates.

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