Previous year question paper with solutions for Economics from 2018 to 2018
Our website provides solved previous year question paper for Economics from 2018 to 2018. Doing preparation from the previous year question paper helps you to get good marks in exams. From our Economics question paper bank, students can download solved previous year question paper. The solutions to these previous year question paper are very easy to understand.
Introduction: Nature, Meaning and Scope of Macro-Economics.
Average and Marginal Propensity to Consume, Keynes’ Psychological Law of Consumption.
Types of Investment, Investment Demand Schedule and Factors Affecting Investment Decisions, Marginal
Efficiency of Capital, Static and Dynamic Multiplier.
Determination of Income and Employment:
Classical and Keynesian Theories of Income, Output and Employment, Say’s Law of Markets. Principle of
Money and Banking:
Money : Definition, Functions and Role
Quantity Theory of Money: Fisher’s Equation and Cambridge Equation, Keynesian Liquidity Preference
Banking: Major Functions of Commercial Banks and Process of Credit Creation.
Inflation and Macro-Economic Policies:
Cost-push and Demand-pull Theories of Inflation, Measures to Control Inflation. Monetary and Fiscal
Policies for Stabilization.
Trade Cycle: Meaning and Phases
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