Macroeconomics Important Questions
B.Com 2nd Sem CBCS Pattern
Unit 1: Introduction to macro economics
Q. What is
Macroeconomics? Explain its importance and limitations.
Q. Distinguish between Micro and Macroeconomics.
Q. What are various variables of Macroeconomics?
Explain them briefly.
Q. Discuss with diagram the circular flow of
income and expenditure in two, three and four sector economy.
Q. Explain
various determinants of demand and supply.
Q. Explain
the basic equilibrium condition of a market.
Q. What is
static, dynamic and comparative static analysis in macroeconomics? Explain them
briefly. Also distinguish between them.
Q. Write
short note on leakages and injections.
Unit 2: Economy in the Short run
Q. What is IS-LM market framework? Discuss the equilibrium in the real and money market with the help of IS-LM framework. (Available Now)
Q. Distinguish between monetary policy and
fiscal policy.
Q. What is aggregate
demand? How it is derived? What are the causes of shift in aggregate demand
curve?
Q. What is aggregate supply? Explain long run
and short run aggregate supply curve. What are causes of shift in aggregate
supply curve?
Q. Mention Determinants of Aggregate Demand and Aggregate Supply. (New Question Added)
Unit 3: Inflation, Unemployment and Labour Market
Q. What is
inflation? What are its various causes? What are the Anti - inflationary
monetary measures that can be adopted by the Central bank?
Q. What is
inflation and deflation? Which one you prefer? Justify your answer. Also mention some causes of deflations (New Question added)
Q. How inflation and interest rates are linked? Explain. (Available Now)
Q. Explain
social cost of inflation.
Q. What is
unemployment? Explain natural rate of unemployment, frictional and wait
unemployment.
Q. What is Philips
curve? Explain the trade-off between inflation and unemployment with the help
of Philips curve.
Q. What is labour market? Explain its interaction with production system.
Q. What is
adaptive and rational expectations? Explain their advantages (role) and
limitations. (Note)
Unit 4: Open Economy
Q. What is open economy? Explain the process of flow of goods and capital in an open economy. (Available Now)
Q. Explain
how exchange rate fluctuations affects investment in an open economy.
Q. Explain Mundell-Fleming model with fixed prices in small open economy in fixed exchange rate scenario.
Q. Explain
Mundell-Fleming model with flexible prices in small open economy in floating exchange
rate scenario.
Q. Write a brief note on rate of interest differential in case of a large economy. Also mention cause of differential in interest rate.
Also Read:
MacroEconomics Question Papers
Unit 5: Behavioural Foundations – Investment and Money
Q. What is
investment? What are its various types? Explain them briefly.
Q. What is
business fixed investment? What are its determinants?
Q. What is
residential and inventory investment? What are its determinants?
Q. What is
Demand for Money? What are its various types? What are the factors affecting
demand for money?
Q. Explain various theories of Demand for
Money: (VVI)
- Fisher’s Transactions Approach to Demand for
Money VVI
- Keynes’ Theory of Demand for Money VVI
- Tobin’s Portfolio Approach to Demand for Money
VVI
- Baumol’s
Inventory Approach to Transactions Demand for Money
- Friedman’s
Theory of Demand for Money
Q. What are
interest and income’s elasticity of demand for real balances. (Note)
Q. What is
supply of money? How it is measured? Explain its components.
Q. Explain
the impact of supply of money on Indian economy.
Note: Notes for above questions are available expect 1 Questions which will be completed soon.
Post a Comment
Kindly give your valuable feedback to improve this website.