Economics

Year 1

First Year

`Macro Economics Unit- 2`

`Questions<ol style="padding-left:0pt; "><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain concept of National Income.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain role of Households in National Income.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain role of Business firm in national Income</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain Keynesian theory of effective demand.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">What is Effective demand.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain APC.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain MPC.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain circular flow of National income.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain marginal propensity to consume in detail.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain working of Multiplier.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain functions of multiplier.</li><li class="NormalWeb" style="font-family:'Times New Roman'; font-weight:bold; color:#ff0000; margin-left:12pt; line-height:150%; text-align:justify; font-size:12pt">Explain investment function in detail.</li></ol> `