Previous year question paper for ME (BCOM 2nd)

PART-A

UNIT I (12 Hrs.)

 Classical Theory of Employment: Say’s Law of Market

 Keynesian Theory of Employment

 National Income: Concept and Constituents, measurement, difficulties and importance

UNIT II (12 Hrs.)

 Consumption Function, Psychological Law of Consumption Function

 Investment : Types, Factors, Determining Investment

 Multiplier: Static and Dynamic, Limitations, Leakages and Importance

PART -B

UNIT III (12Hrs.)

 Marginal efficiency of Capital, prospective yield, determinants and importance

 Trade Cycle : Theories, Measures to control trade cycles

UNIT lV (12 Hrs.)

 Monetary Policy: Constituents, objectives and role in economic development

 Fiscal Policy: Constituents, objectives and role in economic development

 Inflation: Types, stagflation (Philip’s curve), Theories of Demand Pull and Cost Push

inflation causes, effects and measures to control inflation.