M.A. (Economics) Part I Sem I 2018 19 Jun 2018-19 M. A Economics Macroeconomics I Question Paper - Mumbai University | munotes

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Questions asked in this paper

Q1 Explain any two of the following. 15 marks
- a. Stocks and flows
- b. Saving and investments
- c. Real and nominal income
Q2 Attempt any two of the following. 15 marks
- a. Explain the goods market equilibrium in the IS-LM framework
- b. Describe the working of monetary policy with the help of IS-LM framework
- c. Inflation and unemployment link
Q3 Attempt any two of the following. 15 marks
- a. Balance of payment always balances’ Describe
- b. Explain the concept of Automatic adjustment
- c. Flexible exchange rate in the context of IS-LM-BP model
Q4 Attempt any two of the following. 15 marks
- a. Consumption smoothing
- b. Irreversibility and investment
- c. Seignior age IS-LM-BP ax

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