Roll No…………….

B.A. (Part-2) (NEW COURSE) EC-03 Examination 2012 Theory of Macro Economics lef"V vZFk’kkL= ds fl)kUr Time: 3 hours

MaxMarks: 60

Lke; % 3 ?kaVs

iw.kkZd :60

Note: The questions paper is divided into three sections A,B and C. uksV: ;g iz’u i= d,[k ,oa x rhu [k.Mksa esa foHkkftr gSaA izR;sd [k.M ds funsZ’kkuqlkj iz’uksa dk mRrj nsaA Section A/ [k.M&d (LONG ANSWER’s Question) (nh?kZ mRrjh; iz’u) Note: Answer any two questions .Each question carries 15 marks. 2x15=30 uksV % fdUgh nks iz’uksa ds mRrj nhft;sA izR;sd iz’u 15 vadks dk gSA (1) What shortcomings arise out of ignoring natural capital in national income accounting? jk"nzh; vk; ds ys[kkadu esa izkd`frd iwwWath dks lfEefyr u djus ls dkSu&lh =qfV;k mRiUu gksrh gSa ?

EC-03

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(2) Define National Income? What are the different methods for the measurement of national income ? jk"nzh; vk; dh ifjHkk"kk dhft,A jk"nzh; vk; dh eki dh fof/k;k dkSu&dkSu lh gSa ? (3) “The logical starting point of Keynes’s theory of employment is the principle of effective demand.”Discuss. “rdZ ds vk/kkj ij dsUl ds jkstxkj&fl++)kUr dk izkjfEHkd fcUnq izHkkoiw.kZ eWkx dk fl)kUr gSA foospuk fdft;s A (4) Explain critically any one of the following theories of business cycles: (i) Hayek’s Theory of Over-insvetment. (ii) Purely Monetary Theories : Hawtrey’s Theory. (iii) Samuelson’s Theory. fuEu esa ls O;kikj&pdz ds fdlh Hkh ,d fl)kUr dh vkykspukRed O;k[;k dhft;s& (i) gk;d dk vfrfofu;ksx fl)kUr (ii) fo’kq) ekSfnzd fl)kUr (iii) lsE;qylu dk fl)kUr

Section B/[k.M&[k (Short Answer’s Questions) (y?kq mRrjh; iz’u) Note: Answer any four questions .Each question carries 05 marks. 4x5=20

uksV % fdUgh pkj iz’uksa ds mRrj nasA izR;sd iz’u 05 vadks dk gSA (1) What do you understand by National Income Accounting? vki jk"nzh; vk; ys[kkadu ls D;k le>rs gSa\ (2) What do you understand from Leakage in Multiplier Effect? EC-03

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Xqk.kd&izHkko esa fjlko (Leakage) ls vki D;k le>rs gSa\ (3) Explain the working of Accelertion Principle with the help of an example? Roj.k fl)kUr ds dk;Zdj.k dks ,d mnkgj.k }kjk le>kb;sA (4) Discuss the scope of macro economics? lef"V vZFk’kkL= dk {ks= le>kb,\ (5) Define an economic growth. vkfFkZd fodkl dh ifjHkk"kk nhft;s\ (6) What are the limitations of Harrod and Domar Models? gkSjksM&Mksej ekWMy dh lhek,Wa D;k gSa\ (7) What is the Theory of Surplus Value? ekZDl dk vfrjsd ewY; dk fl)kUr D;k gS\ (8) What are the Criticisms of Schumpeter’s Theory? ’kqEihVj fl)kUr dh vkykspuk,Wa fyf[k,\

Section C/ [k.M&x Objective Type Question (Compulsory) oLrqfu"B iz’u (vfuok;Z) Note: Answer all questions .Each question carries 01 marks.

10x1=10

uksV% lHkh iz’uksa ds mRrj nhft;sA izR;sd iz’u 01 vad dk gSA Write True/False against the following. fuEufyf[kr ds lkeus lR;@vlR; fyf[k;sA (1) Economic Development is a constant process. True/False vkfFkZd fodkl ,d vlrr~ izfzdz;k gSA lR;@vlR; (2) UNDP is the publisher of Human Development index. True/False EC-03

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UNDP ekuo fodkl lwpdkad dk izdk’ku djrk gSA lR;@vlR; (3) According to Keynesian economics in short term the aggregate supply function increases. True/False dhUl ds vuqlkj vYidky esa dqy iwfrZfdz;k c
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(7) The other name of census of production method of measuring National Income is : (a) Income Method (b) Total Product Method (c) Expenditure Method (d) None of the above jk"nzh; vk; ds ekius dh mRiknu x.kuk dk nwljk uke gS % (v) vk; fof/k (c) dqy mRikn fof/k (l) O;; fof/k (n) mi;qZDr esa ls dksbZ ughaA (8) The other name of Macro Economics is: (a) Micro Economics (b) Wage Theory (c) Aggregative Economics (d) None of the above o`gn vZFk’kkL= dk nwljk uke gS % (v) lw{e vZFk’kkL= (c) etnwjh vZFk’kkL= (l) lkewfgd vZFk’kkL= (n) mi;qZDr esa ls dksbZ ughaA EC-03

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(9) Which economist gave the concept of Acceleration? (a) J.M. Keynes (b) J.M. Clark (c) Samuelson’s (d) Hicks Rojd fd /kkj.kk fdl vZFk’kkL=h dh nsu gS \ (v) ts+ + ,e + dsUl (c) ts+ + ,e +DykdZ (l) lsE;qylu (n)

fgDl

(10) Who authored the book ’Essays on the Theory of Economic Growth’: (a) Keynesian (b) Domer (c) Lewis (d) None of the above ’Essays on the Theory of Economic Growth’ iqLrd ds ys[kd gSa % (v) dhUl (c) Mksej (l) yqbl (n) mi;qZDr esa ls dksbZ ughaA EC-03

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EC-03

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Uttarakhand Open University BA New Course 2012 Theory of Macro ...

(1) What shortcomings arise out of ignoring natural capital in national income. accounting? ... (1) What do you understand by National Income Accounting? ... Uttarakhand Open University BA New Course 2012 Theory of Macro Economics.pdf.

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