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

Questions asked in this paper

1. Q2 All questions carry equal marks,
2. Q1 any two 15 marks
   • a) Explain various macroeconomic concepts
   • b) the flow of funds in the context of national income accounting Explain various concepts of deficits
3. Q2 Attempt any two 15 marks
   • a) Explain determination of income and rate m IS-LM framework
   • b) What do you understand by the fiscal policy multiplier?
   • c) Explain the AS-AD Model
   • a) ‘Balance of Payment always balances’ Discuss
   • b) Explain the Mundell -- Fleming Model
   • c) Write an explanatory note on automatic adjustment
4. Q4 Attempt any two 15 marks
   • a) Describe the permanent income hypothesis
   • b) Write a note on consumption under uncertainty
   • c) Explain the process of money supply
   • Q.P.Code: 29679 [Time: 2 Hours] [ Marks:60]
5. Q2 Stet

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