COURSE OUTLINE FALL SEMESTER 2011 MACRO-ECONOMICS BBAPROGRAM

Sr. No, 1. 2. 3. 4. 5. 6. 7. 8 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. Chapter No. 1 . 2 38 39 40 42 43 44 45. 46 " 47 48 ' 49 50 51 52 53 55 57
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PRESTON UNIVERSITY LIBRARY

Final Exam Q.No. 1 1 2 2 2 3 3 4 5 5 6 7 7 7 8 9 10 11 11

Chapter Headinq

Nature of Economics: Definition Nature of Economics: Scope and Method National Income: Meaning and Concept Theory of Employment Determination of National Income Determinants of Income and Employment: Consume . Determinants of Income and Employment: Invest Multiplier and Accelerator Wages and Employment Unemployment and Full Employment Trade Cycles Nature and Functions of Money Monetary Standards Theory of Money and Prices inflation Banking Central Banking Theory of International Trade Balance of Payments

Recommended Text Book; Modem Economic Theory by K.K. Dewett: Shyam Lai Charitable Trust
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DISTRIBUTION O F MARKS Internal S e s s i o n a l Evaluation Assignments/ . Project 10 10 Quizzes C l a s s Parti. Attendance Uld-Temi Teat Total Sessional 50 Extern a) Eva], Tetmina! Exam Final Evaluation 100

2a

50

Final E x a m i n a t i o n Question P a p e r

Requited: ? R e v i e w Q u e s t i o n s oul of 1 1

PRESTON
UNIVERSITY
. Student Name: I&Ianiabad- K a h a t - P w o a w a r - Lahore Reg. No:

TERMINAL

EXAMINATION

Course Code: Course Title: Program: Semester:

EC 3272 Macroeconomics BBA Spring 2011

Tlm .is a three-hour examination mid consists of review questions only. You may attempt not more than seven review questions. Q. 1 Q.2 Q.3 Q.4 Q.5 Q.ti Q.7 Q.8 Q;9 Q.10 Q.l 1 Discuss the Robin's definition of Economics. What are the different concepts of National Income? Explain the concept of MPC and MPS and their role in economy. Distinguish between Multiplier and Accelerator and effects upon GDP. What are the main causes of unemployment? Give examples. Why trade cycles exist? Explain with the help of examples. . What are the functions of money? Differentiate between different types of money. Define inflation and explain causes of inflation with the help of diagrams. Explain the role of Commercial banks in the economy. Central Bank like State Bank of Pakistan plays vita! role in monetary policy. Explain the statement. What is balance of payments? How does a government control balance of payments deficit?

PRESTON
UNIVERSITY
Student Name:
i

TERMINAL EXAMINATION
Islamabad - Kobat - Peshawar- Lahore _. __Reg- No:

Course Code: Course Title: Program: Semester:

EC 3272 Macro Economics ' BBA Fall 2010

This is a three-hour examination and consists of review questions only. Yon may attempt not more than seveu review questions. Q.l Q.2 Q.3 Economics is a science of wealth. Explain and comment on this statement. Define National Income. Explain different concepts of national income. Define Consumption Function. Explain Keynes law of consumption in detail, also give its assumptions. Explain the concept of Multiplier in detail. What are the types of unemployment? Explain how the monetary policy can control unemployment situation, What do yon know about the trade cycles? Explain its different phases. Explain the inconveniences attendant upon barter system and show how the introduction of money removes them. Is Inflation bad for the economy? Discuss. Also explain different kinds of inflation in detail. How does a bank create credit? Explain. How the monetary policy of Central Bank controls money supply in the economy? What is the difference between Balance of payments and Balance of Trade? What can be the causes of persistent deficit in the Balance of Payments?

Q.4 Q.5

Q.6 Q.7

Q.S Q.9 Q.10 Q.l 1

' . TERMINAL EXAMINATION

ohat "Islamabad Lahore Peshawar Faisalabad

Course Code: Course Title: Program: Semester:

EC 3272 Macro Economics BBA Fall 2009

This is a three-hour examination and .consists of review questions only. You may attempt not more than seven revii^questions. Q.l a) Is economics a science? DiscussTHe frtie nature of economics. b) Define Macroeconomics and discussits importance and limitations. Q.2 Define National Income. Explain in detail the expenditure method for the determination of Gross Domestic Product (GDP), Define Investment. What are its types? "What are the factors which can effect investment? Define multipliers, its working graphically. Also explain its relation with accelerator. Give definition for employment. What ore the types of unemployment? Suggest some policy solutions to remove unemployment. What are trade cycles? How do different economic variables move during different phases of trade cycle? Also suggest policy solution as remedial measure.

Q.3 Q.4

Q.5 Q.6

Q.7 a) Define money and different concepts of money. b) What are index, numbers? Explain the method for preparation of index number. Q.8 a) Define Inflation. Graphically explain demand pull and cost push inflation. Also give examples, b) Give the consequences (effects) of Inflation. Q.9 Q.10 Q. 11 What is a Bank? What are the functions of Commercial Banks? How do the banks create credit? Define principles and functions of the Central Bank. Explain the comparative cost theory of international trade.

PRESTON
WIVERSITY
Kohit Islamabad Lahore -

TERMINAL EXAMINATION
. Peshawar Faisalabad

Course Code: Course Title: Program: Semester:

EC 3272 Macro Economics BBA Spring 2009

This is a three-hoar examination and consists orrevitayquestions only. You may attempt not more than seven review qnfiKj^(ns;-0 Q. 1 Q.2 Q.3 Q.4 Q.5 Q.6 Q.7 Q.8 Explain the usefulness of study of economics. Explain National Income, and explain various methods to measure National Tncome. What is the importance of consumption function? A ,'-" ( i ^ a i r :
1

of Investment.

Explain the positive role of multiplier with the iisk- ofYd-as )-i?e:.hoJ. Critically evaluate classical theory of wages and employment. What is a trade-cycle? Explain its main characteristics. What is money? What functions it performs? What are its disadvantages? All monetary measures are more reliable as compared to fiscal measures to reduce inflation. Do you agree? Why or why not? Explain. Bank is an institution which deals in money. Elaborate the statement. Elaborate the different methods for the control credit by Central Bank. What are the components of BOP? Is BOP deficit harmful?

Q.9 Q. 10 Q.ll