M.A. (Economics) Part I Sem I 2017 18 Jan 2017-18 BUS. ECONOMICS BUS. MACRO ECONOMICS ANALYSIS Question Paper - Mumbai University | munotes

Questions asked in this paper

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• 2. Figures to the right indicate marks

1. Q1 Answer any two of the following. 15 marks
   • a. Show how national income is estimated with the help product method and Expenditure
   • b. Explain distinguish between GDP and GNP
   • c. Write a note on social accounting
2. Q2 Answer any two of the following. 15 marks
   • a. Explain the Keynesian theory of income, output and employment
   • b. Examine the Say’s Law of market
   • c. Write a note on the principles of effective demand
3. Q3 Answer any two of the following. 15 marks
   • a. Explain the Marshal approach to demand for money
   • b. Examine liquidity preference theory of rate of interest
   • c. Write on money multiplier
4. Q4 two of the following. 15 marks
   • a. Explain short run and long run consumption function with the help of diagram
   • b. Examine the absolute income hypotheses
   • c. Write a note on permanent income hypotheses Please check whether you have got the right question paper
5. Q2 stem

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