Economics-2014: Answer Writing Challenge – 11

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)

ECONOMICS-2014: Answer Writing Challenge – 8

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)  

Economics-2014: Answer Writing Challenge – 7

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”? …

Economics -2014: Answer Writing Challenge – 6

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)  

Economics – 2014 – Answer Writing Challenge – 5

ARCHIVES 05 September 2014 1) Explain the salient features of the Fiscal Responsibility and Budget Management Act. Explain to what extent has the government of India been able to adhere to the provisions of this act? (350 words) 2) Why is capital inflow through multinationals corporations preferred over foreign debt? (300 words)

Economics – 2014: Answer Writing Challenge – 3

ARCHIVES 03 September 2014 1) A number of production lines were reserved for the small scale sector in the pre-liberalization period. Did such reservation achieve its objectives? Explain in detail (300 words)  2) Distinguish between Currency Board Arrangement and dollarization. Why would a nation adopt one or the other? (150 words) 3) What is prisoner’s …

Economics – 2014 – Answer Writing Challenge – 2

ARCHIVES 02 September 2014 1) Distinguish between backwash and spread effects of Myrdal. How do they operate in backward economies? (250 words)  2) “The solution to long term development needs of India lies in promoting public private partnership”. Discuss (250 words)   

ECONOMICS – Daily Answer Writing Challenge, 24 July 2014

ECONOMICS – Daily Answer Writing Challenge, 24 July 2014 1) Population is not just a denominator to deflate aggregates. It is determined by the level and pattern of economic development” Comment. (250 words)  2) Why are trading blocks formed? Explain the welfare impact of such trading blocks for non-member countries? (200 words)

ECONOMICS – Daily Answer Writing Challenge, 23 July 2014

ECONOMICS – Daily Answer Writing Challenge, 23 July 2014 1) Explain why in spite of economic planning income-distribution has turned more unequal through time? (200 Words)  2) “Transaction demand for money is interest rate elastic”. Explain in reference to the post Keynesian theories of demand for money? (200 words)

ECONOMICS – Daily Answer Writing Challenge, 21 July 2014

ECONOMICS – Daily Answer Writing Challenge, 21 July 2014 1) What do you mean by Hindu rate of growth? Why has it been argued that poverty cannot be eradicated under Hindu rate of Growth? (200 words)  2) Examine Kalecki’s model of distribution. Do you consider it a correct explanation of distribution? (300 words)

ECONOMICS – Daily Answer Writing Challenge, 19 July 2014

ECONOMICS – Daily Answer Writing Challenge, 19 July 2014 1) How is GST different from VAT? What is the grand bargain suggested by the Thirteenth Finance Commission for implementation of GST? (300 words)  2) What are the fiscal and monetary implications of vertical IS and vertical LM curves? (250 words)

ECONOMICS – Daily Answer Writing Challenge, 18 July 2014

ECONOMICS – Daily Answer Writing Challenge, 18 July 2014 1) During the British rule, commercialization of agriculture was forced on the farmers, while now it is the need of the hour. Discuss (150 words)  2) “Pareto criterion does not give us sufficient basis of ordering states. The Kaldor-Hicks-Scitovsky criteria do not carry us much further.” …

ECONOMICS – Daily Answer Writing Challenge, 16 July 2014

ECONOMICS – Daily Answer Writing Challenge, 16 July 2014 1) Macroeconomics is usually approached via the outcomes of economic interaction in the following four markets -commodities, money, bond and labour markets. The classical economist focused on which three of the four markets? In which market does the loanable fund theory of interest rate determination of …