2019 Macroeconomics Question Paper, Assam University Question Paper, B.Com 2nd Sem CBCS Pattern

 Assam University B.Com 2^nd Sem Question Papers
TDC (CBCS) Even Semester Exam., 2019
COMMERCE (2^nd Semester)
Course No.: BCHGEC – 201T
Macroeconomics Question Paper’ 2019
Full Marks: 70
Pass Marks: 28
Time: 3 hours
The figures in the margin indicate full marks for the questions.

UNIT – I

1. Answer any two from the following questions:             2x2=4

(a)       Define short run.

(b)       What do you mean by circular flow?

(c)        Mention the conditions of equilibrium.

2. What do you mean by macroeconomics? Discuss the various components of expenditure.   3+7=10

Or

3. Write a note on static macroeconomic analysis during short run.   10

UNIT – II

4. Answer any two from the following questions:               2x2=4

(a)       Mention any two objectives of monetary policy.

(b)       What do you mean by aggregate demand?

(c)        What are the reasons for shift of aggregate demand curve?

5. Write a note on aggregate demand and aggregate supply analysis.                        10

Or

6. Discuss how monetary policy of a developing economy can control, inflation.   10

UNIT – III

7. Answer any two from the following questions:               2x2=4

(a)       Define inflation.

(b)       What do you mean by frictional unemployment?

(c)        Write a note on Philips curve.

8. Mention five causes of rising inflation. Also discuss the social cost of inflation.       5+5=10

Or

9. Discuss different types of unemployment.       10

UNIT – IV

10. Answer any two from the following questions:            2x2=4

(a)       What is meant by open economy?

(b)       Define exchange rate with examples.

(c)        Mention one difference between fixed and flexible exchange rate.

11. Write a note on interest rate differentials case of a large economy.                    10

Or

12. Write a note on savings and investment equilibrium in a large open economy.              10

UNIT - V

13. Answer any two from the following questions:            2x2=4

(a)       Mention any two determinants of supply of money.

(b)       Mention the relation between p (price) and value of money.

(c)        What is income elasticity of demand?

14. Write a note on transaction theories of demand for real balances.   10

Or

15. Discuss the determinants of business fixed investment.                           10

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