M.A. Economics Question paper

Loyola College M.A. Economics April 2006 Microeconomics-II Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

RF 45

FOURTH SEMESTER – APRIL 2006

                                                       EC 4805 – MACRO ECONOMICS – II

(Also equivalent to EC 4802)

 

 

Date & Time : 25-04-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

PART – A

Answer any FIVE questions in about 75 words each.       (5 ´ 4 = 20 Marks)

  1. What are the objectives of Macroeconomic model?
  2. Define standard labour unit.
  3. Define Marxian rate of exploitation.
  4. What is natural rate of growth?
  5. What is meant by trade cycle?
  6. Differentiate between Hicks model and Samuelson model.
  7. Elucidate the objectives of Ricardian theory of income distribution?

PART – B

Answer any FOUR questions in about 250 words each.   (4 ´10 = 40 Marks)

  1. Substantiate the ways to increase surplus value.
  2. Discuss the theory of distribution of income with respect to labour and capital.
  3. Explain the growth model of Harrod-Domar.
  4. Why does Kaldor concludes that the saving and investment functions are non-linear?
  5. Explain the different phases of trade cycles.
  6. Elucidate the piecewise linear model of business cycle.
  7. Explain the business cycle of Hicks.

PART – C

Answer any TWO questions in about 900 words each.     (2 ´ 20 = 40 Marks)

  1. Briefly explain the Samuelson’s trade cycle.
  2. Examine the Hick’s trade cycle theory.
  3. Evaluate the Kaldor’s growth model.
  4. Analyse the Keynesian theory of income distribution.

Go To Main page

 

 

Loyola College M.A. Economics April 2006 Micro Economic Theory-II Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

SECOND SEMESTER – APRIL 2006

                                               EC 2801 – MICRO ECONOMIC THEORY – II

(Also equivalent to EC 2803/EC 2804)

 

 

Date & Time : 19-04-2006/FORENOON     Dept. No.                                                       Max. : 100 Marks

 

 

PART – A

 

Answer any FIVE questions in about 75 words each.       (5 ´ 4 = 20 Marks)

 

  1. Explain the marginalist principle and the concept of ‘satisficing’.
  2. Define the concept of Entry in Brain’s model of limit pricing.
  3. Explain the theory of the Second Best.
  4. Distinguish between input-output analysis and general equilibrium analysis.
  5. Define the dominant firm price leadership and barometric price leadership.
  6. Elucidate Pareto’s unanimity principle.
  7. What do you understand by utilitarianism?

PART – B

Answer any FOUR questions in about 250 words each.   (4 ´ 10 = 40 Marks)

 

  1. Compare maximization of utility function theory of Williamson with that of Scitovsky.
  2. Critically appraise the managerial theory of Marris.
  3. Discuss the various types of collusive oligopolistic market.
  4. Define Game theory. How is it applicable to oligopolistic market situations?
  5. Bring out the shortfalls of input-output analysis.
  6. Elaborate the conditions of Pareto optimality. Do these conditions pave the way for promotion of social welfare under different market situations? Why?
  7. Compare social welfare function with the compensation principles.

PART – C

Answer any TWO questions in about 900 words each.     (2 ´ 20 = 40 Marks)

 

  1. Compare and contrast Mark-up pricing with Sales maximization model of the firm. Do you agree with the view that sales maximization model is superior to mark-up pricing? How?
  2. Critically examine Sylo-Labim’s model of limit pricing with appropriate diagrams.
  3. Compare and contrast the social choice theory of Arrow with that of A.K. Sen. In your opinion, whose view are agreeable to you? Why?
  4. Critically examine the Walrasian equilibrium analysis. Do you think that it is a refinement over the Partial equilibrium? How?

 

 

Go To Main Page

Loyola College M.A. Economics April 2006 Macro Economic Theory-II Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

SECOND SEMESTER – APRIL 2006

                                               EC 2805 – MACRO ECONOMIC THEORY – II

 

 

Date & Time : 21-04-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

PART – A

Answer any FIVE questions in about 75 words each.       (5 x 4 = 20 Marks)

  1. Distinguish between Classical and Keynesian theories.
  2. What are the features of capitalism?
  3. Write a note on M-C-M’ circuits.
  4. What is rate of economic growth?
  5. What is real balance?
  6. How do you distinguish stable economy from unstable economy?
  7. How is Joan Robinson’s growth model different from Keynesian’s growth model?

PART – B

Answer any FOUR questions in about 250 words each.   (4 x 10 = 40 Marks)

  1. Explain the analytical framework of Marxian theory.
  2. Discuss the profit share and investment-income ratio of Joan Robinson’s model.
  3. Explain the three rates of growth equations in the Harrod-Domer model.
  4. Explain the Golden rule of accumulation.
  5. Explain the behaviour of non-linear saving function of Kaldor’s trade cycle.
  6. Explain the Kalechi model with respect to the degree of monopoly in the distribution of income.
  7. Explain the two sector growth model of Neo Classical model.

 

PART – C

Answer any TWO questions in about 900 words each.     (2 x 20 = 40 Marks)

  1. Examine the Neo-Classical growth models.
  2. Examine the Kaldors growth model.
  3. Analyse the Samuelson’s Accelerator-Multiplier interaction model.
  4. Analyse the Kaldor’s business cycle theory.

 

 

Go To Main Page

Loyola College M.A. Economics April 2006 Labour Economics & Industrial Relations Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

SECOND SEMESTER – APRIL 2006

                          EC 2950 – LABOUR ECONOMICS AND INDUSTRIAL RELATIONS

(Also equivalent to EC 2900)

 

 

Date & Time : 24-04-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

PART – A

Answer any FIVE questions in about 75 words each.       (5 ´ 4 = 20 Marks)

  1. Distinguish between wage differentials and wage discrimination.
  2. Bring out and briefly explain different forms of strike.
  3. What do you understand by ‘decasualisation scheme’?
  4. Bring out the peculiarities of ‘labour’.
  5. Differentiate between arbitration and adjudication.
  6. Briefly explain the functions of employment exchanges in India.
  7. Distinguish between social assistance and social insurance.

PART – B

Answer any FOUR questions in about 250 words each.   (4 ´ 10 = 40 Marks)

  1. Examine Prof. Sashkin’s model of workers participation in management.
  2. Suggest remedies for the problem of unemployment in India.
  3. Discuss in detail the social security measures in Tamil Nadu.
  4. Bring out the importance of Collective Bargaining in industrial disputes.
  5. Explain the various steps involved in the selection process of an employee.
  6. Bring out the objectives and areas of induction programme.
  7. Discuss the Employee State Insurance Act 1948 and its amendments.

PART – C

Answer any TWO questions in about 900 words each.     (2 ´20 = 40 Marks)

  1. Examine the Marginal Productivity Theory of Wage.
  2. Discuss the economic and non-economic causes of industrial dispute.
  3. Explain the Institutional Labour Market Model.
  4. Evaluate the objectives and functions of International Labour Organisation.

 

 

Go To Main Page

Loyola College M.A. Economics April 2006 Labour Economics & Industrial Relations Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

RF 37

SECOND SEMESTER – APRIL 2006

                          EC 2806 – LABOUR ECONOMICS AND INDUSTRIAL RELATIONS

 

 

Date & Time : 24-04-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

PART – A

 

Answer any FIVE questions in about 75 words each.       (5 ´ 4 = 20 Marks)

  1. What is the justification of ‘labour’ as a unique factor of production?
  2. Distinguish between labour force and work force.
  3. Define trade union and explain its objectives.
  4. How ‘Job Analysis’ is done for a company?
  5. Bring out the role of Self Help Groups (SHG) in reducing unemployment.
  6. Distinguish between bonus, fringe benefits and ex-gratia payments.
  7. Briefly explain the concepts ‘Wage differentials’ and ‘Wage discrimination’

PART – B

Answer any FOUR questions in about 250 words each.   (4 ´ 10 = 40 Marks)

  1. Evaluate the Marginal Productivity Theory of Wages.
  2. Bring out the areas and significance of workers participating in management.
  3. Discuss the Minimum Wage Act 1948 and its amendments.
  4. Bring out the problems and prospects of Indian Labour Market.
  5. Discuss in detail the social security measures in Tamil Nadu.
  6. Examine the quantitative and qualitative aspects of human resource management.
  7. Discuss the Employees State Insurance Act 1948 and its amendments.

PART – C

Answer any TWO questions in about 900 words each.     (2 ´ 20 = 40 Marks)

  1. Discuss the preventive and settlement measures of industrial disputes.
  2. Examine Reynold’s institutional labour market model.
  3. Evaluate the objectives and functioning of ILO.
  4. Give a critical look on the objectives and functioning of employment exchange in India.

 

 

Go To Main Page

Loyola College M.A. Economics April 2006 International Economics Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

RF 32

FIRST SEMESTER – APRIL 2006

                                                EC 1810 – INTERNATIONAL ECONOMICS

 

 

Date & Time : 28-04-2006/1.00-4.00 P.M.   Dept. No.                                                       Max. : 100 Marks

 

 

Part – A

Answer any FIVE questions in about 75 words each.           (5 x 4 = 20 marks)

  1. What do the terms of trade measure? Define commodity terms of trade.
  2. How is an economic union different from customs union?
  3. What are the functions of the IMF?
  4. What is a currency board arrangement?
  5. Distinguish between flexible and fixed exchange rate.
  6. a) If India imports Rs. 60 lacks worth of diamonds and exports Rs. 45 lakhs worth of diamonds in a year, estimate India’s intra-industry trade index for diamonds.
  7. b) If India exports Rs. 50 lakhs worth of textiles and imports Rs. 50 lakhs worth of textiles in a year, estimate India’s intra-industry trade index for textiles.
  8. The free trade price of an imported Ray Ban sunglasses in India is $100. If it is produced in India it requires $80 worth of imported components. India impose a 40 per cent nominal tariff on each imported Ray Ban sunglass but a 20 per cent nominal tariff on the imported components. Calculate the rate of effective protection for the domestic producers of sunglasses in India.

 

Part – B

 

Answer any FOUR questions in about 300 words each.       (4 x 10 = 40 marks)

  1. Compare floating exchange rates with fixed exchange rates.
  2. What is meant by SDR’s? Explain the adjustment mechanism under SDR scheme.
  3. Discuss the activities of the World Bank.
  4. Explain the major achievements of the Uruguay round of trade negotiations under the GATT.
  5. Explain the Stolper-Samuelson theorem.
  6. Assume that Dx, Sx and Px = $1 under free trade. Analyse the partial equilibrium effects of an import quota of 30x if Dx shifts down to in such a way that is parallel to Dx and crosses Sx at Px = $2.50.
  7. Assume the labour productivity for wheat and cloth in the US and UK are as follows:

            Commodity                             US                   UK

Wheat (bushels / man hour)           6                      1

Cloth (yards / man hour)                4                      2

 

Assume the wage rate in the US is $6 per man hour and in the UK its is £1 per man hour. If the exchange rate is £1 = $3 who gains and who loses? At what rate of exchange will there be mutual gain?

Part – C

 

Answer any TWO questions in about 900 words each.         (2 x 20 = 40 marks)

  1. State the product cycle theory of trade and explain how overlapping demands between countries could lead to international trade.
  2. Explain how capital movements bring about equilibrium in the balance of payments.
  3. Discuss Jacob Veiner’s model of trade creation and trade diversion involving a customs union.
  4. Examine the Ricardian theory of comparative cost advantage and Haberler’s rehabilitation of this theory.

 

 

Go To Main Page

Loyola College M.A. Economics April 2006 Indian Economics Planning & Policy Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

RF 48

SECOND SEMESTER – APRIL 2006

                                      EC 2952 – INDIAN ECONOMIC PLANNING & POLICY

 

 

Date & Time : 02-05-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

PART – A

Answer any FIVE questions in about 75 words each.                   (5 ´ 4 = 20 Marks)

  1. Define Planning
  2. Explain the term Disinvestments
  3. Explain Green Revolution.
  4. What is a joint sector?
  5. Mention the main objectives of the Tenth Five year plan
  6. Write a note on Globalisation.
  7. State the causes of urban unemployment in India.

 

PART – B

Answer any FOUR questions in about 250 words each.               (4 ´ 10 = 40 Marks)

  1. Bring out the objectives and significance of pricing policies in public enterprises.
  2. Explain the planning process in a mixed Economy.
  3. Examine the Rural employment Guarantee Scheme.
  4. Write a note on Human Capital formation in India.
  5. Elucidate the Agricultural price policy in India.
  6. Explain Administered price mechanism.
  7. What is the nature of unemployment problem in India? Briefly review the policy of the government  to solve this problem.

 

PART – C

Answer any TWO questions in about 900 words each.                 (2 ´ 20 = 40 Marks)

  1. Explain in detail the objectives, strategy and performance of the 9th Five year plan
  2. Critically examine the role of Public Sector enterprises in India.
  3. Examine the impact of WTO on India’s import and export.
  4. Discuss the concept of poverty. Elucidate the various poverty alleviation programmes in India.

 

Go To Main Page

Loyola College M.A. Economics April 2006 Econometrics Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

RF 38

SECOND SEMESTER – APRIL 2006

                                                             EC 2807 – ECONOMETRICS

 

 

Date & Time : 26-04-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

PART – A

Answer any FIVE questions in about 75 words each.                   (5 x 4 = 20 Marks)

  1. Distinguish between ‘Mathematical Economics’ and ‘Econometrics’.
  2. What is meant by dummy variable trap?
  3. What is speciafication error?
  4. Define ‘Multicollinearity’.
  5. Define the stochastic error term in an econometric model.
  6. How do you use rank condition in identifying a simultaneous equation model?
  7. What is seasonal adjustment?

 

PART – B

Answer any FOUR questions in about 250 words each.               (4 x 10 = 40 Marks)

  1. Discuss the properties of a good estimator.
  2. Derive multicollinearity and its consequences and discuss the remedial measures.
  3. Derive the consequences of specification error.
  4. Define heteroscedasticity and explain its consequences.
  5. Derive the estimates vector under grouping of observations.
  6. Distinguish between error in the measurement of dependent variable and that of the independent variable.
  7. Discuss Almon’s transformation used in estimating a distributed lag model.

 

PART – C

Answer any TWO questions in about 900 words each.                 (2 x 20 = 40 Marks)

  1. Show that the efficiency of OLS estimate is less than that of GLS under GLS assumptions. (Use estimate of OLS and GLS variances)
  2. is one equation in a three equation model which contains three other exogenous variables  and . Observations gives the following matrices.

 

  1. Derive 2SLS estimates.
  2. Derive the following results:
  • e = Mu
  • e’e = u’Mu
  • E(e’e)=(n-k)s2

 

Go To Main Page

Loyola College M.A. Economics April 2006 Agricultural Economics Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

RF 46

FOURTH SEMESTER – APRIL 2006

                                                 EC 4952 – AGRICULTURAL ECONOMICS

(Also equivalent to EC 4950)

 

 

Date & Time : 27-04-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

PART – A

Answer any FIVE questions in about 75 words each.       (5 ´ 4 = 20 Marks)

  1. Define package program. What is multiple cropping?
  2. Mention the various problems of agriculture before independence of India.
  3. Define marketable surplus. What are the factors determining marketable surplus?
  4. Justify agriculture taxation in India.
  5. Mention the importance of farm size and productivity.
  6. Distinguish between ‘support price’, ‘issue price’ and ‘procurement price’.
  7. Mention the reasons for the failure of Second and Third five-year plans in India.

PART – B

Answer any FOUR questions in about 250 words each.   (4 ´ 10 = 40 Marks)

  1. Mention the applicability of supply and demand theory in agriculture.
  2. Discuss the importance of Law of returns and explain the law of variable proportion and its importance in agriculture sector.
  3. Critically examine the working of banking and non-banking financial institutions.
  4. Make out a brief resume of food subsidies and food security in India.
  5. State the important role played by agriculture sector for the development of Indian economy.
  6. Define agriculture marketing. What are the defects of agriculture marketing? How will you rectify the same?
  7. Evaluate the performance of Seventh and Eighth five-year plan for the development of agriculture sector in India.

PART – C

Answer any TWO questions in about 900 words each.     (2 ´ 20 = 40 Marks)

  1. Critically examine the progress of Green revolution in India.
  2. Examine the performance of Ninth and Tenth five-year plans for the development of agriculture in India.
  3. Discuss the success and failures of land reform policies in India. Mention the future plan of government of India.
  4. Differentiate Cobb-Douglas production function with Homogeneous production function and mention the same in agriculture sector. How does Rajkrishna model of production function is superior than Nerlovian model.

 

Go To Main Page

Loyola College M.A. Economics Nov 2006 Statistics For Economics Question Paper PDF Download

by

                         LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

AB 22

FIRST SEMESTER – NOV 2006

ST 1903 – STATISTICS FOR ECONOMICS

 

 

Date & Time : 04-11-2006/1.00-4.00     Dept. No.                                                       Max. : 100 Marks

 

 

SECTION–A                  (10 X 2 = 20 Marks)

Answer all the Questions:

 

  1. What do you understand by measures of central of central tendency?
  2. Define the terms ‘range ’ and ‘SD’ with an example.
  3. Calculate CV from the following data:17, 25,50,12,10,5,25.
  4. What is the chance that a leap year selected at random will contain 53 Sundays?
  5. What do you understand by the term Continuous random variable? Give an example.
  6. Explain any two applications of  Normal distribution ,with suitable illustration.
  7. Define the following terms with examples.
  8. a) Sample Space. b) Dependent Events
  9. Briefly explain the terms a) Null Hypothesis and b) Alternative hypothesis ?
  10. A random sample of 400 workers from Lorson & Co was drawn for estimating the average salary. The sample mean was $800 and the SD was $100. Find the 95% confidence interval.
  11. What is meant by cost of living index numbers?

 

 

SECTION-B                      (5 X 8 = 40 Marks)

Answer any five Questions:

 

  1. Calculate CV  from the following data:

Age:                       0 –20  20 – 40  40 – 60  60 – 80  80 –100

No of workers:         3        17       27       20       9

 

  1. If the two regression lines are x +2y = 5 and 2x+3y = 8.

Calculate the followings:

  1. Means
  2. Regression coefficients
  3. Correlation coefficients.
  1. In a sample of 1000cases, the mean of certain test is 14 and the SD is 2.5.Assuming the distribution to be normal.
    1. How many students score between 12 and 15?
    2. How many will score Above 18 and below 18?

 

  1. The price of a particular product in two different countries (in $) are given below

USA       :40    80       70        48       52        72       68        56          64        60

UK        :52    75        55        60        63        69        72        51        57         66

Calculate the coefficient of correlation between the above two countries.

 

  1. If the probability of the defective bulb is 0.4. Find the mean and the SD for the

distribution of the defective bulbs in a lot of 1000 bulbs. What is the expected number

of defective bulbs in the lot?

 

 

 

 

  1. A manufacturer of bullets knows that 2% of his products are defective. If he sells the

bullets in boxes of 100  and guarantees not more than 4 defectives, What is the

probability that a box will fail to meet the  guaranteed quality?    ( e –2 = 0.13534)

 

  1. Explain TRT and FRT and prove that Fisher’s Index Satisfies both TRT and FRT.

 

  1. Explain briefly the components of Time –Series with suitable illustrations.

 

 

SECTION-C                 (2 X 20= 40 Marks)

Answer any Two Questions:

 

19a. Calculate Bowley’s coefficient of skewness from the following data.

 

Daily Expenses   :  40   50   60   70   80   90

No of Employees: 185  167  132  82  38  12

 

19b. Fit the curve of the form  y = a b x for the following data

 

Year    :       1990  1991  1992  1993  1994  1995  1996

Output:         672  824    968    1205  1464  1758  2058

 

Describe the Chi-Square test of significance and state the various  applications of  this test

 

20a. Two types of batteries are tested for their  length of life and the following

results are    obtained.

No .of  sample(n)    Mean                   SD

 

Battery A        10        500 hours        100 hours

 

Battery B        10        560 hours        121 hours

 

Is there a significant difference in the two types of batteries with regard to length of life?

 

20b) Distinguish between Small sample and Large sample tests.

 

21)  Calculate the seasonal indices by the Ratio – To – Trend method, from the following data:

Year

Quarters          2000    2001    2002    2003

 

Q1                75       86       90       100

Q2                60       65       72        78

Q3                54       63       66       72

Q4                59       80       85       93

 

22) The following data represent the sales of personal computers by 3 salesmen from TCS

A  :   20  30  56  25  49

Salesmen     B  :   25  38  50  69  12   39

C  :   12  34  45  23

 

Analyse the above data and comment upon the result

 

 

Go To Main page

Loyola College M.A. Economics Nov 2006 Research Methods In Economics Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034  M.A. DEGREE EXAMINATION – ECONOMICS

AN 26

THIRD SEMESTER – NOV 2006

         EC 3810 – RESEARCH METHODS IN ECONOMICS

 

 

Date & Time : 30-10-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

 

Part  – A

 

Answer any FIVE questions in about 75 words each.                  (5 x 4 = 20 marks)

  1. Bring out the objectives of research in economics.
  2. What are the dangers to be avoided while conducting scientific research?
  3. What do you mean by conceptual and operational definition?
  4. Define schedule in the words of Thomas Carson Macornic?
  5. Write down the format of bibliography for books.
  6. List out the merits of Telephonic interview.
  7. Explain Opera atato and Loca atato.

 

Part – B

 

Answer any FOUR questions in about 300 words each.            (4 x 10 = 40 marks)

  1. Discuss the different kinds of hypotheses.
  2. Bring out the nexus between theory and law.
  3. Elaborate the primary sources of data.
  4. What are the advantages of a pilot steady?
  5. What are the pros and cons of interview method?
  6. Elaborate the precautionary steps while writing research reports.
  7. State the difference between schedule and questionnaire

 

Part – C

 

Answer any TWO questions in about 900 words each.              (2 x 20 = 40 marks)

  1. Discuss the present position of economic research in India.
  2. Elucidate different methods of sampling?
  3. Write a short note on
    1. Foot notes
    2. Bibliography
    3. Use of statistics, charts and graphs
  4. List down the different steps in writing research reports.

 

 

Go To Main page

Loyola College M.A. Economics Nov 2006 Public Economics-I Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034  M.A. DEGREE EXAMINATION – ECONOMICS

AN 25

THIRD SEMESTER – NOV 2006

         EC 3809 – PUBLIC ECONOMICS – I

 

 

Date & Time : 27-10-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

 

Part  – A

 

Answer any FIVE questions in about 75 words each.                  (5 x 4 = 20 marks)

  1. Distinguish between pure and impure public goods.
  2. Relate absolute unanimity rule and relative majority rule with voter externality cost.
  3. List out the social costs and benefits arising out of construction of a dam.
  4. Substantiate Wagner’s Law of public expenditure.
  5. Why do we need horizontal summation of individual demand curves for public goods?
  6. List out the three essential ingredients of a good theory of public expenditure put out by R.A. Musgrave and P.B. Musgrave
  7. How can we employ dis-invested funds of PSUs in a country like India?

 

Part – B

 

Answer any FOUR questions in about 300 words each.            (4 x 10 = 40 marks)

  1. Illustrate the working of distribution branch in India with current examples with respect to state and central governments.
  2. Evaluate the theory of public expenditure put forward by Allen. T. Peacock and Jack Wiseman.
  3. Enumerate the difficulties encountered in the execution of cost benefit analysis as a tool to select public sector projects.
  4. Measure the burden arising out of internal debt of government of India. Do you agree with the statement “Internal debt poses no burden”. Substantiate your answer.
  5. Assess the contribution of PUSUS to employment, industrial output, tax receipts and capital formation since 1991.
  6. Why do we need to manage public debt?
  7. State and explain any five types of crude investment criteria. Bring out their pros and cons.

 

Part – C

 

Answer any TWO questions in about 900 words each.              (2 x 20 = 40 marks)

  1. Critically evaluate voluntary exchange model of public expenditure by Bowen and Lindhal. Bring out its limitations.
  2. Justify the operation of Wagner’s law in Indian GDP and public expenditure data.
  3. Explain the use of time-adjusted methods in the selection of public projects.
  4. Are you satisfied with the size and growth of internal and external debt of India substantiate your view.

 

Go To Main page

 

Loyola College M.A. Economics Nov 2006 Monetary Economics-I Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034  M.A. DEGREE EXAMINATION – ECONOMICS

AN 24

THIRD SEMESTER – NOV 2006

         EC 3808 – MONETARY ECONOMICS – I

 

 

Date & Time : 25-10-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

Part  – A

 

Answer any FIVE questions in about 75 words each.       (5 x 4 = 20 marks)

  1. Explain the suggestions of the Radcliffe-Sayers thesis for an effective working of monetary policy.
  2. What do you understand by expansionary or restrictive monetary policy?
  3. Explain the Newlyn’s interpretation of liquidity of money.
  4. What are the two charges of Patinkin leveled against the Neo-Classical theory of money?
  5. What do you mean by Monetarism and Fiscalism?
  6. How do Neo-Keynesians interpret transmission mechanism?
  7. Distinguish between inflation and stagflation.

 

Part – B

 

Answer any FOUR questions in about 300 words each.   (4 x 10 = 40 marks)

  1. Outline the various determinants of money supply.
  2. Do you think that the Risk aversion theory of Tobin is an improvement over Keynesian theory? How?
  3. Differentiate Gurley-Shaw thesis with Newlyn’s view of liquidity money.
  4. How does Patinkin synthesize money market and goods market? Is it justifiable?
  5. Discuss the conflict between objectives of monetary policy in India. Do you agree to the view that the goals of monetary policy are not complementary but conflicting with one another? How?
  6. What are the obstacles for an effective implementation of monetary policy in India?
  7. Compare transmission mechanism of the Keynesians with the Classical economists.

 

Part – C

 

Answer any TWO questions in about 900 words each.     (2 x 20 = 40 marks)

  1. Explain the phenomenon of stagflation. Suggest measures to combat it.
  2. Bring out the essential features of money demand analysis of Gurley and Shaw. How is it an improvement over Keynes’ liquidity preference theory?
  3. Compare the views of the Classical economists on neutrality of money with that of Keynes. Enumerate the conditions for establishment of neutrality of money.
  4. Critically analyse the different interpretations of transmission mechanism of monetary policy.

 

Go To Main page

Loyola College M.A. Economics Nov 2006 Micro Economics-I Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034  M.A. DEGREE EXAMINATION – ECONOMICS

AN 17

FIRST SEMESTER – NOV 2006

         EC 1806 – MICRO ECONOMICS – I

(Also equivalent to EC 1803/1800)

 

 

Date & Time : 26-10-2006/1.00-4.00           Dept. No.                                                       Max. : 100 Marks

Part  – A

 

Answer any FIVE questions in about 75 words each.                  (5 x 4 = 20 marks)

  1. Explain the steps involved in Inductive method.
  2. Differentiate micro dynamic analysis from macro dynamic analysis.
  3. Define ‘”Introspective cardinalist” approach and “Behaviourist ordinalist approach”
  4. Explain the nature of income effect and substitution effect with respect to normal and Giffen goods.
  5. Bring out two differences between Friedman-Savage hypothesis and Markowitz hypothesis.
  6. Differentiate Marginal Rate of Technical substitution from Marginal Rate of Substitution.
  7. Differentiate production costs from selling costs in monopolistic competition.

 

Part – B

 

Answer any FOUR questions in about 300 words each.            (4 x 10 = 40 marks)

  1. Do you support a blend of deduction and induction analysis to analyse modern economic issues? Why?
  2. Do you share the view that the Revealed preference approach is a refinement over the Cardinal utility approach? Substantiate your reasons.
  3. Compare monopoly market with monopolistic market.
  4. Critically examine Cobb-Douglas production function. Do you think that it is applicable to modern industry? How?
  5. Compare the concepts of Budget line, Indifference map and Indifference curve with Iso-cost line, Iso-quant and Iso-qunat map.
  6. Enumerate the features of monopoly market? Is it applicable to modern economy?
  7. Compare and contrast strong ordering and weak ordering of Hicks. How does he apply them to derive the demand curve?

Part – C

 

Answer any TWO questions in about 900 words each.              (2 x 20 = 40 marks)

  1. Compare and contrast the interpretations of income effect, price effect and substitution effect from the point of view of Hicks and Slutzky. Explain them with appropriate diagrams.
  2. What do you understand by N-M utility index? Elaborate the axioms of it and construct N-M utility index. How is it a deviation from the cardinal utility analysis?
  3. Define Ridge lines and Expansion path. To what extent are these concepts helpful to attain an optimum combination of output and minimization of cost of a firm? Explain the concepts with appropriate diagrams.
  4. What is product differentiation? What is the role of it in the determination of output and price under monopolistic competition?

 

Go To Main page

Loyola College M.A. Economics Nov 2006 Maths & Statistics For Economists Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034  M.A. DEGREE EXAMINATION – ECONOMICS

AN 20

FIRST SEMESTER – NOV 2006

         EC 1809 – MATHS & STATISTICS FOR ECONOMISTS

 

 

Date & Time : 02-11-2006/1.00-4.00           Dept. No.                                                       Max. : 100 Marks

 

 

Part  – A

 

Answer any FIVE questions in about 75 words each.                  (5 x 4 = 20 marks)

  1. Define ‘Hypothesis’.
  2. Mention the types of discontinuities.
  3. What is meant by partial correlation?
  4. What are the components of time series?
  5. Compute if
  6. Find the maxima / minima of
  7. Find if

Part – B

 

Answer any FOUR questions in about 300 words each.           (4 x 10 = 40 marks)

  1. Solve by using Crmer’s rule
  2. Show that
  3. Find the relative maximum, minimum and point of inflexion from the following function .
  4. A sample of 900 members has a mean of 3.4 cms and standard deviation of 2.61 cms. can the sample be regarded as one drawn from a population with mean 3.25 cms? (level of significance 5%)
  5. Measure seasonal variation by the method of simple averages.

Year          Q1        Q2        Q3        Q4

1990          65        58        56        61

1991          68        63        60        69

1992          70        67        68        66

1993          67        62        60        64

1994          70        60        60        70

  1. Show that elasticity of substitution form a CES production function is where
  2. Estimate the regression of Y on X for the following data:

X:              1          2          3          4          5          6

Y:              9          8          10        12        11        13

 

 

Part – C

 

Answer any TWO questions in about 900 words each.              (2 x 20 = 40 marks)

  1. Discuss the role of mathematics and statistics in applied economics.
  2. (a) Show that average cost and marginal cost intersect at the lowest point of the average cost function.

(b) For a linear average revenue function, the slope of the corresponding marginal revenue function is twice that of the average revenue function.

  1. Find the partial regression coefficient of X3 on X1 and X2

X1: 3          5          6          8          12        14

X2: 16        10        7          4          3          2

X3: 90        72        54        42        30        12

  1. A farmer applied three types of fertilizers on 4 separate plots. Determine whether there is any significant difference in yield.
Plots \ Fertilizer Nitrogen Potash Phosphate
1 6 7 8
2 4 6 5
3 8 6 10
4 6 9 9

 

 

 Go To Main page

Loyola College M.A. Economics Nov 2006 Macro Economics-I Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034  M.A. DEGREE EXAMINATION – ECONOMICS

AN 18

FIRST SEMESTER – NOV 2006

         EC 1807 – MACRO ECONOMICS – I

 

 

Date & Time : 28-10-2006/1.00-4.00           Dept. No.                                                       Max. : 100 Marks

 

 

 

Part – A

 

Answer any FIVE questions in about 75 words each.                  (5 x 4 = 20 marks)

  1. What do you mean by macroeconomics?
  2. How did the Classical view macroeconomics?
  3. What does speculative demand for money mean?
  4. Briefly explain the concept of liquidity trap?
  5. Why have the Classical assumed a perfectly inelastic supply curve?
  6. What do you mean by NAIRU curve?
  7. Bring out the basic idea of new Keynesian economics?

 

Part – B

 

Answer any FOUR questions in about 300 words each.            (4 x 10 = 40 marks)

  1. Discuss the criticism leveled against the Classical macroeconomics.
  2. Explain the Keynesian theory of investment.
  3. Explain the model, which includes the government and foreign sector while studying investment demand?
  4. Bring out the relevance of rational expectations in macroeconomics.
  5. Discuss any one of the theories of inflation.
  6. What are the different kinds of inflation?
  7. What is real balance effect?

Part – C

 

Answer any TWO questions in about 900 words each.              (2 x 20 = 40 marks)

  1. Discuss the Keynesian-Classical synthesis by means of the relevant diagrammatical illustration.
  2. Explain the Phillips curve with a suitable diagram.
  3. Explain the Jorgenson’s theory of investment demand.
  4. Discuss the major macroeconomic problem dealt by macroeconomics.

 

Go To Main page

Loyola College M.A. Economics Nov 2006 International Economics Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034  M.A. DEGREE EXAMINATION – ECONOMICS

AN 21

FIRST SEMESTER – NOV 2006

         EC 1810 – INTERNATIONAL ECONOMICS

 

 

Date & Time : 04-11-2006/1.00-4.00           Dept. No.                                                       Max. : 100 Marks

 

 

 

Part  – A

 

Answer any FIVE questions in about 75 words each.                  (5 x 4 = 20 marks)

  1. What is intra-industry trade and how is it measured?
  2. Explain Haberler’s opportunity cost theory.
  3. What is a Customs Union?
  4. State the Metzler paradox.
  5. What is a Currency Board Arrangement?
  6. Explain purchasing power parity theory.
  7. Differentiate between spot and forward exchange rates.

 

Part – B

 

Answer any FOUR questions in about 300 words each.            (4 x 10 = 40 marks)

  1. Compare import tariffs with import quotas and voluntary export restraints.
  2. Discuss the salient features of the European Union.
  3. Examine strategic trade policy using Boeing and Airbus industry as suitable

examples.

  1. Explain the concept of balance of payments and identify the major components of

a nation’s BOP.

  1. Discuss the salient features of the World Trade Organization.
  2. Explain product cycle theory with suitable examples.
  3. Examine the IS-LM-BP model with flexible exchange rates and perfect capital

mobility.

Part – C

 

Answer any TWO questions in about 900 words each.              (2 x 20 = 40 marks)

  1. Critically examine the factor endowments trade model developed by Heckscher-

Ohlin.

  1. Using the Ricardian theory of comparative advantage, show how mutually

beneficial trade is possible between two countries, though one of them may have

an absolute advantage in the production of all commodities.

  1. Show how internal and external balance could be achieved by using expenditure-

changing and expenditure-switching policies under a fixed exchange rate

model (SWAN model).

  1. Explain how a customs union contributes to trade creation and trade diversion.

 

Go To Main page

Loyola College M.A. Economics Nov 2006 Environmental Economics Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034  M.A. DEGREE EXAMINATION – ECONOMICS

AN 16

FIRST SEMESTER – NOV 2006

         EC 1805 – ENVIRONMENTAL ECONOMICS

 

 

Date & Time : 08-11-2006/1.00-4.00           Dept. No.                                                       Max. : 100 Marks

 

 

 

Part  – A

 

Answer any FIVE questions in about 75 words each.                  (5 x 4 = 20 marks)

  1. Distinguish between ecology and economic development.
  2. Bring out the importance of recycling of waste.
  3. What is Acid Rain? What are its consequences?
  4. Write a short note on ‘Thermal shock’.
  5. Highlight the significance of environmental segments.
  6. Bring out the organization and structure of the eco system.
  7. What is meant by Green House Effect?

 

Part – B

 

Answer any FOUR questions in about 300 words each.            (4 x 10 = 40 marks)

  1. Discuss the causes and consequences of water pollution.
  2. ‘Economic growth and environmental balance do not go together’ Do you agree?
  3. Bring out the technical, physical and biological aspects of environmental pollution.
  4. Discuss the sustainable development paradigm.
  5. Bring out the environmental consequences of rural-urban migration.
  6. Explain the services of the environment with suitable examples.
  7. Examine Coase theorem.

 

Part – C

 

Answer any TWO questions in about 900 words each.              (2 x 20 = 40 marks)

  1. How do you treat environmental quality as a public good?
  2. Bring out the need for and the scope of forest conservation in India.
  3. Discuss the environmental significance of the concept Maximum Social Welfare.
  4. Examine the causes and consequences of noise pollution. Suggest remedies.

 

Go To Main page

Loyola College M.A. Economics April 2007 Research Methods In Economics Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

RF 07

M.A. DEGREE EXAMINATION – ECONOMICS

THIRD SEMESTER – APRIL 2007

EC 3810 – RESEARCH METHODS IN ECONOMICS

 

 

 

Date & Time: 26/04/2007 / 9:00 – 12:00      Dept. No.                                       Max. : 100 Marks

 

 

PART A

ANSWER ANY FIVE OF THE FOLLOWING IN ABOUT 75 WORDS EACH

 

 

  1. Explain the meaning and purpose of a hypothesis
  2. Define research design
  3. Write a short note on Telephone interview
  4. Distinguish between participant and non participant observation
  5. Explain the concept of Operational and Conceptual definition
  6. Write a brief note about Theory and Fact
  7. Explain (a) opera citato (b) loco citato

 

PART B

ANSWER ANY FOUR QUESTIONS IN ABOUT 250 WORDS

 

 

  1. What are the problems involved in social research?
  2. List out and briefly explain the various sampling methods
  3. Highlight the characteristics of a good research design
  4. What are the advantage and disadvantage of interview method?
  5. Differentiate between questionnaire and Schedule
  6. Bring out the significance of Primary and Secondary data
  7. What are the dangers to be avoided in Economic research?

PART C

ANSWER ANY TWO QUESTIONS IN QBOUT 900 WORDS

 

  1. What are the problems, issues and status of economic research in developing countries?
  2. Scientific Method is based on certain articles of faith – Examine
  3. Discuss in detail the types of Research Design
  4. Write short notes on
  • Foot notes
  • Bibiliography
  • Use of Statistics, graph and charts
  • Layout of the report

 

 

Go To Main page

 

Loyola College M.A. Economics Nov 2006 Environmental Economics Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034  M.A. DEGREE EXAMINATION – ECONOMICS

AN 19

FIRST SEMESTER – NOV 2006

         EC 1808 – ENVIRONMENTAL ECONOMICS

 

 

Date & Time : 31-10-2006/1.00-4.00           Dept. No.                                                       Max. : 100 Marks

 

 

 

Part  – A

 

Answer any FIVE questions in about 75 words each.                  (5 x 4 = 20 marks)

  1. Briefly explain the command and control instruments to manage the environment.
  2. Explain the services of environment with suitable examples.
  3. Bring out the various kinds of atmospheric pollution.
  4. List down the causes and consequences of marine pollution.
  5. What is meant by ‘Desertification’?
  6. Write a note on ‘Pigouvian Tax’.
  7. Bring out the bio diversity of India.

 

Part – B

 

Answer any FOUR questions in about 300 words each.            (4 x 10 = 40 marks)

  1. Discuss the Coasean bargaining problem and property rights.
  2. Distinguish between price based instruments and quantity based instruments on environmental management.
  3. Bring out the resource taxonomy used by the U.S. Geological survey.
  4. Give an overview of growing awareness of forestry programmes in India.
  5. Briefly examine Garret Hardin’s concept of misuse of public properties with suitable examples from around the world.
  6. Discuss in detail the results of global warming.
  7. Discuss the ‘James Hovelock’ hypothesis.

 

Part – C

 

Answer any TWO questions in about 900 words each.              (2 x 20 = 40 marks)

  1. Discuss the nature and scope of the subject Environmental Economics.
  2. Examine the global politics on issues related to environment protection.
  3. What are externalities? Why do externalities lead to market failure?
  4. ‘The invention of a new technology is not necessarily a threat to the environment; rather it is usually the best hope of environmental improvement’ Do you agree?

 

 Go To Main page

© Copyright Entrance India - Engineering and Medical Entrance Exams in India | Website Maintained by Firewall Firm - IT Monteur