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The document outlines the structure of the UG 4th Semester Examination for Economics, including details on the paper format, marking scheme, and instructions for candidates. It consists of four parts, with various questions requiring short answers, explanations, and discussions on macroeconomic concepts. Topics include National Income, inflation, investment functions, and the differences between stock and flow variables.

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4 views6 pages

Adobe Scan Dec 04, 2023

The document outlines the structure of the UG 4th Semester Examination for Economics, including details on the paper format, marking scheme, and instructions for candidates. It consists of four parts, with various questions requiring short answers, explanations, and discussions on macroeconomic concepts. Topics include National Income, inflation, investment functions, and the differences between stock and flow variables.

Uploaded by

nirjaarman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Total Pages -6 ECO- G-IV

UG 4th Semester Examination, 2023 (R & B)


Subject : ECONOMICS
Paper- GE-IV
Full Marks : 80

Time :3 hours

Answer all questions


The figures in the right-hand margin indicate marks
Candidates are required to give their answers in their
own words as far as practicable

PART -I

1. Answer all questions : lx 12


fa The term macro is derived from Greek word

b) JM. Wrote the Book, "General Theory


of Employment, Interest and money.
f(c)) NNPrc + = GNPFC.

(Turn Over )
( 2)

P(d) GDPrc is the difference of GDP MP and


indirect taxes.
(e) Rent, Interest, Profits are known as.
surplus.
sector supply factor services to pro
ducing sector.
(g) Robertson equation is known as
approach.

h) When general price rises value of money

(i) Index Number measures


the variable over time.
.changes in

A) The classical theory of employment held that


employment is a normal feature.
(8) investment is independent of income.
) Consumption of a person depends on his
income.

ECO- G-IV
(Continued)
(3 )

PART -||

2. Answer any eight questions of the following


within two or three sentences : 2 x8

{a) What do you mean by flow variable ?

(b) What is disequilibrium ?


Kc) What do you mean by statics in macro
economnics ?

(d) What do you mean by National Income at


market price ?
(e) What is Net DomesticProduct ?

) What do you mean by Economic Welfare ?

g) What is Stagflation ?
. )What is Deflation ?
Ki) State Say's Law.
i) What do you mean by Investment function ?

ECO G-IV (Turn Over )


(4 )

PART - III

3. Answer any eight questions of the following


within 75 words : 3x8

Aa) What is General Equilibrium ?

(b) What is Real income ?

(c) What are the components of four sector


model?

(o What is Green Accounting ?

(e) What is NNP at market price ?


A) What do you mean by Index Number ?
g) What is inflationary gap?
(h) _What do you mean by depression in macro
economics ?

) What do you mean by Aggregate Supply ?


.Y What do you mean by effective demand ?

ECO- G-IV (Continued)


(5 )

PART 1IV

Answer allquestions within 500 words: 7x4

(a) Differentiate between :


(i) Stock and Flow variables

(in)Comparative Statics and Dynamics.


Or

(b) Briefly explain the concepts of National


Income.

5. (a) What are the methods of estimation of


National Income ? What are it's difficulties ?

Or

(b) Explain three sector model of circular


flow.

6. (a) Explain Keynesian Approach of Quantity


theory of money.

ECO- G-IV (Turn Over )


(6 )

Or

() What do youmean by inflation ? What are


the measures to correct it ?

7. (a) Explain the Psychological law of consump


tion.

Or

(b) Explain the working of Simple Investme


Multiplier.

ECO- G-IV RC-100

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