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Sem 3 Imp Questions

St.Pious X Degree & PG College for Women                                                                                                                                         Semester -3 Micro-Economics-II                                       Important questions Essay-questions: Unit - I: Types of revenue and objectives of firm. 1)   Define AR & MR and what are their shapes in perfect and imperfect markets? 2)   Define AR & MR and explain its relation with Elasticity of demand? 3)   Define firm and what are the traditional and modern objectives of the firm? Unit - II:   Perfect competition and Monopoly. 1)   Define perfect market and how is equilibrium price determined under perfect market? 2)   Define perfect market? How is equilibrium determined? 3)   Explain Marshall’s time element theory? 4)   Explain market price and normal price and what are the difference between MP and NP? 5)   Define EQ ? How a firm and industry reaches EQ in short run

Semester –V Paper-IV Indian-Economics

Semester –V Paper-IV Indian-Economics                                                             Important questions Essay –questions            UNIT- I 1.       Explain the feature of Indian Economy. 2.       Explain the major issues of Indian Economy. 3.       Explain occupational distribution and its relationship with Indian Economy. 4.       Define National Income. Explain the National Income during various plans. 5.       Explain the changes in the composition of National Income and Employment. 6.       Explain Land, Water Resources. 7.       Explain Forest, Mineral, Metal Resources. 8.       Explain Population and its Size, Growth & Composition. 9.       Explain Effects of Economic Development.        UNIT – II 1.       Explain Role & Importance of Agriculture. 2.       Explain Trends in Agriculture Production. 3.       Explain various Land Reforms of India. 4.       Define Green Revolution. Explain its achievements and failures.

Semester –v Developmental -Economics-II

Semester –v Developmental -Economics-II                                       Important questions Essay-questions: Unit: 1 1. Define economic development. Explain the difference between development and economic growth 2. Define economic development. What are the pre requisite of economic development? 3. Define economic development. Explain the various obstacles of economic development? 4. Define factors governing economic development. Explain the factors governing the economic development. 5. Define economic development. Explain the various methods to measure economic development. 6. Explain PQLI, HDI & GEM. 7. Explain role of state and market in economic development. Unit: 2 1. Explain the features of underdeveloped countries 2. Disguised unemployment. 3. Define capital. Explain the reasons for the low capital information. 4. Explain how population affects the country. 5. Explain how the population influence economic development of the country

Semester -IV Public Finance

Semester -IV Public Finance                                         Important questions Unit-1 1)   Evolution of public finance? 2)   Meaning, nature, scope and subject matter of public finance? 3)   Public good and private good? 4)   Market mechanism in public and private goods? 5)   Role of state in economics development? Unit – 2: public expenditure. 1)   Wagner’s law of expenditure/ increasing state activities? 2)   Peacock’s- wisemen hypothesis? 3)   Principle of maximum social advantage? 4)   Causes for rise in the public expenditure? 5)   Effects of public expenditure? 6)   What are the cannons of public expenditure? Unit – 3: Taxation and public debt. 1)   Define public revenue? Its sources? 2)   Meaning of taxation and types? 3)   Cannons of taxation? 4)   Approaches to taxation? 5)   Progressive, regressive & proportional taxes? 6)   Impact and incidence of taxation? 7)   Shifting of taxation and theories? 8)   Elasticity a

Semester -3 Micro-Economics-II

Semester -3 Micro-Economics-II                                       Important questions Essay-questions: Unit - I: Types of revenue and objectives of firm. 1)   Define AR & MR and what are their shapes in perfect and imperfect markets? 2)   Define AR & MR and explain its relation with Elasticity of demand? 3)   Define firm and what are the traditional and modern objectives of the firm? Unit - II:   Perfect competition and Monopoly. 1)   Define perfect market and how is equilibrium price determined under perfect market? 2)   Define perfect market? How is equilibrium determined? 3)   Explain Marshall’s time element theory? 4)   Explain market price and normal price and what are the difference between MP and NP? 5)   Define EQ ? How a firm and industry reaches EQ in short run? 6)   Define EQ? How a firm and industry reaches EQ in long run? 7)   Define Monopoly? How is price determined in the short run or long run? 8)   Define price discrimination?

Semester -2 Macro-Economics

Semester -2 Macro-Economics                                                 Important questions ESSAY QUESTIONS:                               Unit-1 1.                 Define NI and what are the methods to measure and highlight difficulties involved while measuring. 2.                 Define NI and   explain   various concepts of NI 3.                 What is social Accounting? Unit-2 1.                 Explain the classical theory of income andemployment critically 2.                 “Supply creates its own demand “, explain 3.                 What do you mean by effective demand? How is it determined and what is is it’s important? 4.                 Explain Keynesian theory of income and employment and its important 5.                 Define consumption function and its importance. 6.                 Define consumption function and what are the factor influencing consumption function 7.                 Define multiplier and explain the working of the m