ARCHIVES 01 October 2014 Q1) “Cambridge equation determines income (Y) assuming the rate of interest as given. while Keynes theory of interest rate determination assumes given income. Both are thus incomplete” Do you agree with the above assertion? How would then these two variables ( Y and r) be determined simultaneously? (200 Words) Q2) Explain …
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ARCHIVES 30 September 2014 Q1) Is the speculative demand for money responsible for the presence of involuntary unemployment in Keynesian system?Give reasons (200 Words) Q2) In Keynesian theory ” rate of interest is what it is because it is expected to become other than it is. If it is not expected to become other than …
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ARCHIVES 29 September 2014 Q1) By restricting social benefits to BPL households, the poverty line ( in India) will be fully converted from a statistical benchmark to a real life social division” Dreze. Discuss ? (200 Words) Q2) What are the different measures of money supply? Explain the concept of money multiplier and state the factors …
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ARCHIVES 27 September 2014 Q) Give a critical account of underdevelopment of India during British Rule? (!50 words) Q) Examine the role of indirect taxes in India’s economic development (150 words) Q) Is Wagner’ hypothesis an adequate explanation of increase in public expenditure in recent times? Explain (200 words)
ARCHIVES 26 September 2014 Q1) “Welfare economics is a branch of economic theory which provides a theoretical framework for optimum use of resources” In the light of the above statement examine the areas of welfare economics ? (300 words) Q2) What is meant by oligopoly? In what respects is it different from other forms of …
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ARCHIVES 25 September 2014 Q1) With the help of suitable diagrams, elaborate Cournot Model. What is the significance of the reaction curves in the model? (200 Words) Q2) What are the backward rising input supply curves?Illustrate with the help of examples. (200 words) Q3) The adjustment to a tax imposition not only affects the distribution …
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ARCHIVES 24 September 2014 Q) Critically examine the Wiseman-Peacock hypothesis of public expenditure. How does public expenditure help in attaining economic stabilization and higher levels of production and growth ? Elucidate your answer. (250 Words) Q) “If individual A is made so much better by the change that he could compensate individual B for his …
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ARCHIVES 23 September 2014 Q1) “A dominant firm acts as a price leader and other firms adjust their outputs accordingly”Comment (200 Words) Q2) Discuss the process of forced commercialization of agriculture under colonial rule (200 Words) Q3) ” In spite of its limitations, Kalecki’s theory of distribution is real in that it states that the …
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ARCHIVES 22 September 2014 Q1) Examine the challenges to export diversification and increase in export competitiveness of India? (250 words) Q2) What is “Scitovsky’s Paradox” ? How far has Scitovsky been successful in removing contradictions in Kaldor-Hicks compensation criteria of welfare? (200 words) Q3) Bring out the differences in the definition of deficit financing given …
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ARCHIVES 20 September 2014 Q1) State and explain the Law of Equi-marginal utility and also state clearly the limitations of this law? (200 words) Q2) “Pareto optimality is a necessary but not sufficient condition for welfare maximization” Develop this idea highlighting the role of “social welfare contours” and “utility possibility contours” in welfare maximizing state? …
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ARCHIVES 19 September 2014 Q1) How does the burden of tax distribution between buyers and sellers in the ratio of elasticity of demand and that of supply takes place? (200 words) Q2) What are the ways in which a perfectly competitive market may become imperfect? Examine whether advertisement helps an imperfectly competitive market become a …
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ARCHIVES 18 September 2014 Q) Throw lights on wage goods model of C N Vakil and P R Brahmanand (150 Words) Q) If all assumption hold true how does trade between nations tend to bring about equalization of factor prices? (200 words) Q) How does Solow incorporate investment in education in the growth model to …
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ARCHIVES 17 September 2014 Q1) For optimal allocation of resources which of the options market forces, planning exercise or a combination of both should be suitable for the third world countries? Defend your stand (300 words) Q2) Mention the different components of supply of money as specified by the Reserve Bank of India. In what …
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ARCHIVES 13 September 2014 Q1) Write in brief on Special Economic Zone and their social economic repercussions? (200 words) Q2) Examine the challenges to export diversification and increase in export competitiveness of India (250 words)
ARCHIVES 12 September 2014 Q) How does portfolio balance approach differ from monetary approach in determining the exchange rate? (200 Words) Q) If all assumptions hold true how does the trade between nations tend to bring about equalization of factor prices (250 Words)
ARCHIVES 11 September 2014 Q1) How is warranted growth different from natural rate of growth? Explain why Harrod’s growth model is called “knife edge”? (200 Words) Q2) What are the negative externalities of high energy coefficient? (200 words)
ARCHIVES 10 September 2014 Q1) Is Friedman’s quantity theory of money close to Classical or Keynesian approach to the aggregate demand for money?Give justifications for your arguments. (150 words) Q2) Monetarist are of the view that only money does and Keynesian believe that money does not matter. What is your reasoning of the extreme views …
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ARCHIVES 09 September 2014 1) Would a flexible exchange rate regime serve India better than a fixed exchange rate regime in the current international scenario? (150 words) 2) Elucidate how does Kalecki’s theory of distribution share the value of output between labour and capital? (200 words)
ARCHIVES 08 September 2014 1) Distinguish between fiscal federalism and political federalism. How has fiscal federalism been evolving in relation to special category states in particular and other states in general? (250 words) 2) Is rent a surplus? Give reasons in support of your assertion and point out the difference between “rent” and “quasi rent”? …
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ARCHIVES 06 September 2014 Q1) Why are trading blocks formed? Explain the welfare impact of such trading blocks for non member countries? (250 words) Q2) “Industrial development and environmental degradation are highly correlated”. If it is true what should be in your opinion the policy options for industrialization process vis–a-vis pollution control? (250 words)
