Nalanda Open University
Annual Examination 2017
B.A. Economics (Honours), Part-II
Paper-III (Macro Economics)
Time: 3.00 Hrs. Full Marks: 80
Answer any Five questions. All questions carry equal marks.
1. Examine classical theory of employment.
2. Define National Income. Discuss different methods of its measurement.
3. Discuss economic factors of Development.
4. What do you understand by Trade Cycle discuss its various causes.
5. Discuss Hayek's overinvestment theory.
6. Throw-light on the process of equilibrium between saving and investment.
7. Critically discuss solow's model of economic development.
8. Discuss multiplier theory of keynes.
9. Evaluate classical theory of interest.
10. Write notes on any Two of the following
Liquidity preference theory of Interest
Harrod-Domar model of economic growth
Foreign capital
Accelerator