Assam University BCom 2nd Sem. Macroeconomics Question paper 2024 NEP FYUGP
FYUG Even Semester Exam., 2024
COMMERCE (2nd Semester)
Course No.: COMDSM-151T (Macroeconomics)
Full Marks: 70, Pass Marks: 28, Time: 3 Hours
The figures in the margin indicate full marks for the questions.
Answer any ten of the following questions: (2×10=20)
1). Make a distinction between dependent and independent variables.
2). What are the different methods of computation of national income?
3). Differentiate between Gross National Product (GNP) and Net National Product (NNP).
4). Define money supply.
5). What is monetary policy?
6). Define budget.
7). What is demand-pull inflation?
8). Explain the Phillips curve.
9). What is stagflation?
10). Define aggregate demand.
11). What is marginal propensity to save?
12). Define autonomous investment.
13). What is full employment?
14). Define the natural rate of unemployment.
Answer any five of the following questions: (10×5=50)
15). Mention two anti-cyclical measures.
16). What is macroeconomics? Write a note on static macroeconomic analysis during the short run. (2+8=10)
17). Define national income. Discuss the difficulties involved in the computation of national income. (2+8=10)
18). Discuss Fisher's quantity theory of money. Point out some limitations of the theory. (7+3=10) (©The Treasure Notes)
19). What is fiscal policy? Discuss the various objectives of fiscal policy. (2+8=10)
20). What is inflation? Discuss the effects of inflation on the economy. (2+8=10)
21). What are the causes of deflation? How can deflation be controlled? (5+5=10)
22). What is consumption function? Discuss the different factors determining the consumption function. (2+8=10)
23). Write short notes on the following: (5+5=10)
(a) Multiplier
(b) Accelerator
24). Discuss critically the classical theory of employment. (10)
25). What is a trade cycle? What are its features? Discuss the various stages of the trade cycle. (2+3+5=10)
❑❑❑❑❑❑