B.A ECONOMICS IMPORTANT QUESTIONS AND SYLLABUS FOR II SEMESTER

By Anonymous -

Syllabus

MACRO ECONOMICS 

Module– I: Introduction

Macro Economics – Concept of Circular Flow of Incomes –National Income Analysis: Concepts 

and Components – Methods of Measurement –Difficulties and Limitations in the Estimation of 

National Income.


Module– II: Theories of Income and Employment

Keynesian Theory of Income and Employment: Effective Demand – Consumption Function: 

Average Propensity to Consume (APC) and Marginal Propensity to Consume (MPC) – Factors 

Determining Consumption Function – Savings Function: Average Propensity to Save and 

Marginal Propensity to Save – Concepts of Multiplier and Accelerator 


Module– III: Investment & Theories of Interest Rate

Capital and Investment: Types of Investment, Determinants of Level of Investment – Marginal 

Efficiency of Capital and Marginal Efficiency of Investment, Neo-Classical and Keynesian 

Theories of Interest .


Module – IV: Supply of Money & Demand for Money

Functions and Classification of Money – Money Supply – Measures of Money Supply with 

reference to India: M1, M2, M3 and M4 – Classical Theories of Money: Fisher’s and Cambridge 

Versions of Quantity Theory of Money – Keynes’ Theory of Money and Prices.


Module– V: Inflation & Trade Cycles 

Inflation: Concept, Types, Causes and Measurement – Effects of Inflation – Measures to Control 

Inflation – Concepts of Phillips Curve, Deflation and Stagflation – Trade Cycles: Concept, 

Causes and Phases of trade cycle.

 

Important questions

Following are the list of important questions in Economics examination:


Essay type questions:

  1. Explain the various concepts of National income? 
  2. Explain the Estimation or Computation or Measurement Methods of National Income? And also write the problem facing while estimating the National Income?
  3. Critically explain the Keynesian theory of Output (Income) and Employment? or how effective demand determines employment? 
  4. What is Consumption Function and explain the determinants factors of Consumption Function? or Keynesian subjective and objective factors? or Keynesian psychological factors?
  5. Critically Explain the Concept of Multiplier? 
  6. What is Marginal Efficiency of Capital (MEC)? 
  7. Examine the Neo-Classical Loanable funds theory of interest?
  8. Critically discuss the Keynesian theory of liquidity preference?
  9. Explain the Functions of Money?
  10. Measures of Money Supply in India? (M1 M2 M3 M4).
  11. Critically Explain the Fisher Quantity (Classical Quantity theory) theory of Money?
  12. Neo Classical Theory of Money or Cash Balance quantity theory of Money?
  13. Causes for Inflation and Effect of Inflation on The Economy?
  14. Phases of Stages of Trade Cycle or Business Cycles? or (Causes of business cycle) is also same.

Short answer type questions

Here concepts or topics are asked directly. students are advice to write direct concept in short.
  1. Circular Flow of Income
  2. Effective Demand
  3. Saving Function
  4. APC and MPC
  5. APS and MPS
  6. Accelerator
  7. Induced Investment and Autonomous Investment
  8. Keynes theory of Money
  9. Types of Money
  10. Types of Inflation
  11. Deflation and Stagflation
  12. Causes for Trade Cycles
  13. Measures to Control Inflation
  14. Phillips Curve

Hope it is helpful to you.

DEPARTMENT OF ECONOMICS

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