Loyola College B.Com April 2006 Macro Analysis Question Paper PDF Download

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.COM. DEGREE EXAMINATION – COMMERCE

TH 59

SECOND SEMESTER – APRIL 2006

                                                              C 215 – MACRO ANALYSIS

 

 

Date & Time : 28-04-2006/09.00-12-00     Dept. No.                                                       Max. : 100 Marks

 

PART – A

 

Answer ALL the questions                                                               (10 x 2 = 20 marks)

 

  1. Define disguised unemployment.
  2. What is Capitalism?
  3. Mention four merits of Socialism.
  4. State the purposes of Government budgeting.
  5. Why planning in a developing country?
  6. How do you measure economic development?
  7. Enumerate the reasons for state control of economic activities.
  8. Distinguish between ‘Economic development’ and Economic growth
  9. What is inflationary gap?
  10. What do you mean by ‘Deficit Financing’?

 

PART – B

 

Answer any FIVE questions                                                              (5 x 8 = 40 marks)

 

  1. How does a socialist economy differ from a Capitalist Economy?
  2. Suggest measures to reduce unemployment in India.
  3. ‘Inflation is unjust and deflation is expedient’ – Discuss.
  4. Explain the requisites for successful planning.
  5. Comment on the various types of budgeting.
  6. Analyse the role of fiscal policies for economic development.
  7. Explain the special features of a ‘Mixed Economy’.
  8. Outline the essentials of Keynesian theory of employment.

 

PART – C

Answer any TWO questions                                                                 (2 x = 40 marks)

  1. Define ‘Planning’. Examine the need and importance of planning for underdeveloped Countries.
  2. What do you understand by ‘Full Employment’? Would it be a reality?  Discuss the various measures to achieve full employment in India.
  3. Examine the important features of Capitalism. How does it differ from Socialism?  Explain the superiority of Capitalism over Socialism.

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