EC-03
December - Examination 2016 B.A./B.Sc. Pt. II Examination
Macro Economics Paper - EC-03
Time : 3 Hours ] [ Max. Marks :- 100
Note: The question paper is divided into three sections A, B and C.
Write answers as per the given instructions.
{ZX}e : ¶h àíZ nÌ "A', "~' Am¡a "g' VrZ IÊS>m| ‘| {d^m{OV h¡& à˶oH$
IÊS> Ho$ {ZX}emZwgma àíZm| Ho$ CÎma Xr{OE&
Section - A 10
×
2 = 20 (Very Short Answer Type Questions)Note: Answer all questions. Answer of each question should be given in 30 words. Each question carries 2 marks.
IÊS> - "A' (A{V bKw CÎmar¶ àíZ)
{ZX}e : g^r àíZm| Ho$ CÎma Xr{OE& à˶ooH$ àíZ H$m CÎma 30 eãXm| ‘| Xr{OE&
à˶oH$ àíZ 2 A§H$m| H$m h¡&
1) Give the answer of the following question:
{ZåZ{b{IV àíZm| Ho$ CÎma Xr{OE&
(i) Define effective demand.
à^mdnyU© ‘m±J H$mo n[a^m{fV H$s{OE&
722
EC-03 / 600 / 4 (1) (P.T.O.)
722
EC-03 / 600 / 4 (2) (Contd.)
(ii) Explain the meaning of Net National product (NNP)
ewÕ amîQ´>r¶ CËnmX H$m AW© ñnîQ> H$s{OE&
(iii) What do you mean ‘Green Accounting’
"h[aV boIm§H$Z' go Amn ³¶m g‘PVo h¢?
(iv) Who used the term ‘Classical economist's’ for the first time?
"³bm{gH$b AW©emñÌr' AdYmaUm H$m à¶moJ gd©àW‘ {H$gZo {H$¶m?
(v) Who developed neo-classical theory of Interest?
ã¶mO Ho$ Zd-³bm{gH$b {gÕmÝV H$m à{VnmXZ {H$gZo {H$¶m?
(vi) Who Introduced for the first time the term Investment Multiplies in Macro Economics?
g‘pîQ> AW©emñÌ ‘| {d{Z¶moJ JwUH$ AdYmaUm H$m à¶moJ gd©àW‘
{H$gZo {H$¶m?
(vii) Define Bank Rate.
~¢H$ Xa H$mo n[a^m{fV H$s{OE&
(viii) What is the meaning of disposable income?
à¶moÁ¶ Am¶ H$m ³¶m AW© h¡?
(ix) What is “Natural Rate of growth”?
""{dH$mg H$s àmH¥${VH$ Xa'' ³¶m h¡?
(x) What do you mean by “Technical Progress”?
""VH$ZrH$s àJ{V'' go Amn ³¶m g‘PVo h¢?
Section - B 4
×
10 = 40 (Short Answer Questions)Note: Answer any four questions. Answer of each question should be given in 200 words. Each question carries 10 marks.
EC-03 / 600 / 4 (3) (P.T.O.) 722
(IÊS> - ~) (bKw CÎmar¶ àíZ)
{ZX}e : {H$Ýht Mma àíZm| Ho$ CÎma Xr{OE& à˶oH$ àíZ H$m CÎma 200 eãXm|
‘| Xr{OE& à˶oH$ àíZ 10 A§H$m| H$m h¡&
2) Explain the nature and Importance of Macro-economics.
g‘pîQ> AW©emñÌ H$s àH¥${V d ‘hËd H$mo g‘PmBE&
3) Write a brief note on stock variables and flow variables.
ñQ>m°H$ Ma Ed§ àdmh Ma na g§{jßV {Q>ßnUr {b{IE&
4) Differentiate between Autonomous Investment and Induced Investment.
ñdm¶Îm {Zdoe Am¡a ào[aV {Zdoe ‘| A§Va H$s{O¶o&
5) Define the Marginal efficiencies of capital and explain it.
ny±Or H$s gr‘mÝV CËnmXH$Vm H$mo n[a^m{fV H$aVo hþE g‘PmB¶o&
6) Explain the Acceleration principle. Discuss its weaknesses.
ËdaH$ {gÕmÝV H$s ì¶m»¶m H$s{OE& BgHo$ Xmofm| H$s ^r ì¶m»¶m H$s{OE&
7) Describe the essential characteristics of business cycle and also explain the various phases of a business cycle.
ì¶mnma-MH«$ H$s à‘wI {deofVmE± ~VmBE VWm EH$ ì¶mnma-MH«$ H$s {d{^ÝZ AdñWmAm| H$m ^r CëboI H$s{OE&
8) Explain the Marxian theory of Economic growth.
Am{W©H$ {dH$mg Ho$ ‘m³g©dmXr {gÕmÝV H$s ì¶m»¶m H$s{OE&
9) Explain the concepts of Economic growth.
Am[W©H$ d¥{Õ Ed§ Am{W©H$ {dH$mg H$s AdYmaUmAm| H$mo g‘PmB¶o&
722
EC-03 / 600 / 4 (4)
Section - C 2
×
20 = 40 (Long Answer Questions)Note: Answer any two questions. Answer of each question should be given in 500 words. Each question carries 20 marks.
(IÊS> - g) (XrK© CÎmar¶ àíZ)
{ZX}e : {H$Ýht Xmo àíZm| Ho$ CÎma Xr{OE& à˶oH$ àíZ H$m CÎma 500 eãXm| ‘|
Xr{O¶o& à˶oH$ àíZ 20 A§H$m| H$m h¡&
10) Define National Income. Explain the different methods for the computation of National Income.
amîQ´>r¶ Am¶ H$s n[a^mfm H$s{OE& amîQ´>r¶ Am¶ ‘mnZ H$s {d{^ÝZ {d{Y¶m|
H$s ì¶m»¶m H$s{OE&
11) Critically examine the classical theory of employment.
amoOJma Ho$ naånamdmXr {gÕm§ÝV H$m AmbmoMZmË‘H$ narjU H$s{OE&
12) Critically examine Keyne's liquidity preference theory of Interest.
H$sÝg Ho$ ã¶mO Ho$ VabVm ngÝXJr {gÕmÝV H$m AmbmoMZmË‘H$ narjU H$s{OE&
13) Explain Harrod and Damor Models of Economic growth. What are differences between these Models?
