MACROECONOMIC
M.COM SEMESTER - II
Q.1) Explain the difference between real and nominal income.
Q.2) What is inflation and how inflation is measured?
Q.3) Explain the concept of National Income Deflator.
Q.4) Explain the difference between nominal and real interest rates
Q,5) Explain the concept of purchasing power parity income
Q.6) NATIONAL INCOME CONCEPTS GNP, GDP & NDP
Q.7) Explain the concept of Human Development?
Q.8) Explain the criticisms of HDI.
Q,9) FACTORS DETERMINING EFFECTIVE DEMANDANS
OR
Explain the aggregate demand function AND supply function.
Q.10) EQUILIBRIUM LEVEL OF EMPLOYMENT
OR
Equilibrium Level of Employment and Real National Income.
Increase in the level of Employment & Real National Income.
Limitations of the Keynesian Theory of Employment
Q.11) Explain the concept of Human Development?
Q.12) Introduction to Philips Curve, Keynesian Explanation of the Phillips Curve
Q.13) Write a note on the collapse of the Phillips Curve Hypothesis.
Q.14) Explain the theory of Rational Expectations and the long run Phillips curve.
Q.15) Explain the relationship between the short and the long run Phillips curve.
Q.16) THE IS-LM MODEL
Q.17) Fiscal and Monetary Policies and IS-LM Curve Model
Q.18) Explain the meaning of economic fluctuations.
Q.19) Explain the role of transmission mechanism and crowding
out effect with reference to IS-LM framework.
Q.20) Discuss the IS-LM framework in India.
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