PREVIOUS YEAR QUESTION LIST ECONOMICS BA SEM 3 -Lucknow University Undergraduate Exam | EduCatn

PREVIOUS YEAR QUESTION LIST ECONOMICS BA SEM 3

LUCKNOW UNIVERSITY

Macroeconomics Paper 1 (Download PDF)

Short

1. Differentiate between GNP, GNI, & NNP.
2. Boom in Economy.
3. Consumer Price Index.
4. Circular flow of income
5. Two-sector model of circulation of income
6. Circular flow of income in three sector
7. Causes of money wage rigidity
8. State behavioural importance of Keynes’ Employment Theory
9. Over Investment Theory of Trade Cycle
10. Measure to overcome of trade cycle
11. Motives of liquidity preference
12. Marginal efficiency of capital(MECI)
13. Green Accounting
14. Say’s law of Markets
15. Pigou’s labour Market Equilibrium
16. Actual and Domestic GDP
17. Determination Factors of Induced Investment
18. Differentiate between Autonomous Investment and Induced.
19. Differentiate between API and MPI.
20. Differentiate between cyclic fluctuation and secular fluctuation.
21. Multiplier
22. Multiplier effect
23. Demerit of IS-LM Curve Model.

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LONG

Unit 1

1. Differentiate between Macroeconomics and microeconomics.
2. Describe the process of capital formation in an economy.

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Unit 2

1. Define national income. Explain the various methods of measuring them.
2. How is the national income measure? What are the difficulties in its measurement?
3. Define national income and discuss the expenditure method of calculating national income.
4. Describe the various methods of national measurement. What are the difficulties in the measurement of national income?
5. Explain production, expenditure and payment methods of measurement of national income.
6. What are the various methods of measuring national income? Explain the value-added method.
7. What are the difficulties of measuring national income in development countries?
8. Explain the method of calculating national income in India.
9. What do you think about the cycle of income? Explain its types.
10. Explain the circular flow of income in a four sector economy.

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UNIT 3

1. Explain the prestigious principle of employment. On what basis Keynes challenged it.
2. “Normal overproduction and normal unemployment in the economy is impossible”. Explain.
3. Critically explain the prestigious theory of employment.
4. What were the basic assumptions of classical theory of employment and also explain Say’s law of market?
5. How do savings and investment equality bring about full employment in classical theory?
6. Explain Keynes’ evaluation of classical theory of employment.
7. Outline the employment theory of Keynes. Specify its limits.
8. Explain the Keynesian theory of employment in the light of effective demand.

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Unit 4

1. Explain various components of GDP.
2. Discuss the concept of Multiplier. How is it related to marginal consumption?
3. “Income determination is the outcome of monetary and real factors of an economy”. Explain this statement.
4. Describe the national income determination in an economy with a government sector.
5. Critically examine the income determination model developed by Hicks and Hansen.
6. Critically Evaluate IS-LM model.
7. Explain the National Income Assessment and Interest Assessment with the help of the IS-LM Model.
8. What is the IS curve? By which determination is the size and diffraction of this IS curve determined?
9. Explain IS-LM model.
10. Show the relative effectiveness of fiscal policy and monetary policy on different range of LM curve through diagram.

PREVIOUS YEAR QUESTION LIST ECONOMICS BA SEM 3(Download PDF)