Name of the Organization : Tamil Nadu Open University
Degree : MA Economics
Document Type : Sample Question Paper
Year : 2015
Subject : Micro Economic Analysis

Website : http://www.tnou.ac.in/pqp/#1464003784712-4f3d4f76-5472
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MA Economics Sample Question Paper :
Micro Economic Analysis :
Time : 3 hours
Maximum marks : 75
SECTION A : (3 ? 5 = 15 marks)
Answer any THREE of the following. :
1. Explain the Nature and Scope of Micro Economics and its importance.
2. What are the limitations of Micro and Macro Economics?
3. Briefly explain the concept of Monopoly.
4. List out the objectives of Micro Economic Policy.
5. Why does the supply curve slope upwards?

SECTION B : (4 × 15 = 60 marks)
Answer any FOUR of the following. :
6. Explain the Marshall’s Cardinal Utility.
7. State the significance of Cost analysis.
8. Examine how long-run ac curve is derived.
9. Examine the concept of kinked demand curve.
10. What is internal and external economies, how do they effect the cost of a firm.
11. Briefly explain the Law of Variable Proportions.
12. Explain the consumer’s equilibrium under revealed preference theory.

Public Economics :
Answer any THREE questions. :
1. What are the differences between private goods and public goods?
2. What are the objectives of public expenditure?
3. Explain the characteristics of a good tax system.
4. Explain the effects of public debts.
5. What are the various types of budget?

Answer any FOUR questions. :
6. Explain the merits and demerits of direct tax and indirect tax.
7. Explain the recommendations Twelfth Finance Commission.
8. Explain the conditions of Pareto optimality.
9. Explain the Fiscal Policy in India.
10. Examine the sources of local finance in India.

Statistics For Economists :
Answer any THREE questions. :
1. What are the functions of statistics?
2. What are the methods of collection of data?
3. What are the types of classification?
4. What are the categories of statistical series?
5. What are the types of measures of central tendency or average?

Answer any FOUR questions. :
6. What are the methods of data collection?
7. Explain the different measures of dispersion.
8. Distinguish between probability and non-probability sampling. Discuss various probability methods of sampling.
9. Discuss uses of significance of index number and its problems.
10. A box contains 5 green, 6 red and 13 white balls. One ball is drawn at random and in its place a ball of other colour in put in the box. Now one ball is again drawn at random from the box. Find the robability that is green or white.


MACRO ECONOMIC ANALYSIS :
Time : 3 hours
Maximum marks : 75
SECTION A : (3 × 5 = 15 marks)
Answer any THREE questions.
1. Explain the importance and uses of Macro Economics.
2. What are the factors determining National Income?
3. Explain the circular flow of income and expenditure.
4. Explain the classical theory of output and employment.
5. What are the implications and criticism of Say's law of Market?

SECTION B : (4 × 15 = 60 marks)
Answer any FOUR questions.
6. Explain the attitude and factors determining consumption function theory.
7. Briefly explain the different types of inflation and measures to control inflation.
8. Briefly explain the Say's law of market.
9. Examine the classical theory of employment.
10. Explain the role and importance of Fiscal policy in a developing economy.
11. Briefly explain the Keynes objection to the classical theory of employment.
12. What are the difficulties in the computation of National Income?