Describe macroeconomics? Explain importance & limitations of macroeconomics?
[7 marks]Explain in detail circular flow of Income & Expenditure?
[7 marks]Explain different methods of measuring National Income?
[7 marks]Difference between Microeconomics and Macroeconomics?
[7 marks]Explain Life cycle theory of consumption?
[7 marks]Explain Say’s law of market?
[7 marks]Explain in detail four sector model for income determination?
[7 marks]Explain Keynesian theory of Income and Employment?
[7 marks]Explain meaning & different phases of Business cycle?
[7 marks]Define money? Explain functions & sources of money?
[7 marks]Explain Inflation and methods of measuring Inflation?
[7 marks]Explain different types of Inflations?
[7 marks]Describe principle of effective demand & Explain equilibrium level of Employment and Output?
[7 marks]Explain meaning and instruments of Monetary policy?
[7 marks]Describe Fiscal policy of India?
[7 marks]Explain meaning and instruments of Fiscal policy?
[7 marks]Explain limitations and effectiveness of Monetary policy?
[7 marks]