Nalanda Open University Model Question Paper BA/BSc/BCom/BCA Part II : www.nalandaopenuniversity.com

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Nalanda Open University
Annual Exam-2010
Bachelor of Arts (Economics) Hons,
Part-II, Paper-III
Time: 3Hrs For Current Batch: 80 Marks.
For Old Batch: 70 Marks.

Answer any five questions.
All questions are of equal value.

Model Question List : http://www.nalandaopenuniversity.com/downloads.html
Model Question Paper : http://www.nalandaopenuniversity.com...BCAPart_II.pdf

1-Define National Income. What difficulties are faced in measuring National Income?

2-What is Say's law of market? Explain.

3-Describe in brief different theories of saving and investment.

4-"Interest is the reward for parting with liquidity." Discuss.

5-What is Trade Cycle? What measures can be taken to control it?

6-Explain the non-economic factors of economic development.

7-Critically examine the Neo-Classical growth model.

8-Write short notes on any two of the following.
(a)Marginal efficiency of capital
(b)Product method of measuring National Income
(c)Factors affecting Consumption Function

9-Explain in brief:-
(a)(Hawtrey's Monetary Theory)
(b)(Hayek's Over-Investment Theory)

10- Write notes on any two of the following:-
(a) Capital Formation
(b) Technological progress and innovation
(c) Foreign Capital