IEcoS General Economics Paper 2 Papers 2006
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IEcoS General Economics Paper 2 2006
Section-I
Candidates should attempt any five parts of the following question (Answer to each part should be approximately of 50 words) .
- Answer the following questions
- Explain the objectives of European Union.
- What is vicious circle of poverty?
- Examine the concept of Golden Age
- Discuss the Cambridge Equations of Quantity Theory of Money.
- What is Phillips curve
- Distinguish between Balance of Trade arid Balance of Payment.
- Explain the regression lines. 7 × 5 = 35
Section-II
Candidates should attempt any five parts of the following question (Answer to each part should be approximately of 150 words) .
- Answer the following questions
- Explain the technical progress function of Kaldor.
- Discuss the adverse economic consequences of freely fluctuating exchange rates.
- Differentiate between Economic Development and Economic Growth.
- Explain the Ricardian Theory of Comparative Cost.
- Discuss the effectiveness of monetary control measures.
- Critically examine the activities of Multinational Corporations in developing countries like India.
- Compare census and sample enquiry. 15 × 5 = 75
Section-III
Attempt any five parts of the following question (Answer to each question should be approximately of 500 words) .
- In spite of all its drawbacks, the Marxian growth theory helps much in understanding the process and nature of growth Discuss. 30
- Explain the conditions necessary for maximizing gains from international trade. Give arguments in support of your answer. 30
- Analyses the significance of supply and demand elasticity՚s influencing the terms of trade. 30
- Discuss the role of time series analysis in business forecasting. 30
- How are developing economies like India being effected by World Trade Organization? 30