Re: ECO401 - Economics final term papers

by **winnersgroup** Sun Feb 13, 2011 3:55 pm

differenciate among M0,M1,M2 components to money supply. 5

diff. b/w current account and capital account. 5

importance of micro economics in our daily life with example. 5

at what point equilibrium ocurs in foreign exchange market. 3
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functions of commercial bank. 3

by **winnersgroup** Sun Feb 13, 2011 3:55 pm

friends general paper aya hai. past papers mein sey kuch nahin aya. Last 10 lectures ko bohat achey sey read karen toh mcqs aur subjectives ho jayen han
Find GNP?
precautionary motive and Trasactive motive?
What is meant by exchange rate?

by Abir Sun Feb 13, 2011 3:57 pm

Total Questions: 53
15-08-2010 at 09:30 am

Multiple Choice Questions : 48

Subjective Questions : 05

What will be the effect of BOP Surplus on Money Supply? Describe the open Market Operations to sterilize this effect (3)

On what basis Countries Gain Trade (3)
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Discuss the concept of Comparative Advantage with Example (05)

Difference b/w Endogenous Growth Model and Exogenous Growth Model (05)

Numerical to find out GNP and NNP (05)

by Abir Sun Feb 13, 2011 3:58 pm

1. what is tax and what are its principles? 5
2. differentiate between appreciation and depreciation of currency? 5
3. what is underempolyment and or dusra aik or thi unempolyment ki definition? 5
4. diagram of money demand curve? 3
5. what if the balance of payment surplus effect on the menoy supply ? 3
is ky sath ka second part yad nahi

by Abir Sun Feb 13, 2011 3:58 pm

Just 5 MCQs from pass papers

Subjective is here:
central banks policies? 5
depreciation & Appreciation difference? 5
flow variable & stock variable difference? 5
exogenous growth rate explain? 3
ak yad ni a raha mujy ab.

by Abir Sun Feb 13, 2011 3:59 pm

Dear fellows,
I ve attempted eco401 paper today. it was very easy. most of the mcqs were from past Midterm papers. total qs were 53, out of which 5 were subjected and the rest were objective. study macroeconomics for subjective papers.

the long qs were:
1. what is Philip's curve. state diagram
2. define Mo, M1 and M2 in money supply
3. why do countries have comparative advantage according to Ricardo.
4. what are the transactions that cause the rise in demand for dollars in foreign exchange rate.
5. the table was given from which i had to calculate injections from the given data..

so best of luck for your exam..

by **winnersgroup** Sun Feb 13, 2011 4:00 pm

good work abir [You must be registered and logged in to see this image.]

by **winnersgroup** Sun Feb 13, 2011 4:01 pm

10 to 12 MCQ’s were from current papers remaining were new.

Subjective Q’s were as follows.

It is said that growth is an important macroeconomic issue. Why? Discuss. 3

Explain the money demand curve with the help of diagram? 3

If y = Y / L, where, Y = Total GDP, L = Population, y = per capita GDP then prove that Growth rate of per capita income = Growth rate of total output - Growth rate of population. 5

Discuss the equilibrium in money market and explain with the help of diagram? 5

If government increases spending e.g., increases the wages of government servants, how it will affect the consumption, production and hiring of new employees? 5

by Asad Mon Feb 14, 2011 12:49 pm

by Asad Mon Feb 14, 2011 12:50 pm

DEAR ALL

TODAY IS MY ECO401 WHICH IS VERY DIFFICULT FOR ME - THERE IS FEWS ARE OLD AND REMAINING ALL MCQ WAS NEW :'(

PLEASE PREPARE LECTURE - MARGINAL UTILITY MANY MCQ FROM THESE CHAPTERS
GDP

SUBJECTIVE

PHILIPS THEORY - 5
CENTRAL BANK BALANCE SHEET COMPONENTS - 5
MEAN N MEDAIN - 5

MPC

WELL BEST OF LUCK FOR ALL

by Asad Mon Feb 14, 2011 12:50 pm

62 mcqs
and 7 short qs

Define balance of payment (BOP). How the BOP can be determined? 3 marks
It is said that growth is an important macroeconomic issue. Why? Discuss 3 marks
Define unemployment? 3 marks
hw oilgopoly is differ from another market structers??? breifly explain.. 5 marks
hw can a goverment finance its fiscal dficit??? explain 5 marks
define current account deficit ??? hw to reduce current account defict??? 5 marks

by Asad Mon Feb 14, 2011 12:51 pm

The paper had 70% of MCQs from previous exams.

Total Question were 69

MCQ's (1 Marks) 62
Subject Questions 3 (3 Marks)
Subject Questions 4 (5 Marks)
Total Marks = 91

Guys it was a very time consuming paper and below are the detailed subjective questions which i remember for your help.

1. What is meant by Balance of Payment (BOP)?
2. What are the basic functions of Central Banks?
3. What are the difference between Exogenous growth model and endogenous growth model?

by **winnersgroup** Mon Feb 14, 2011 12:51 pm

Total time= 2 hors
Total quastion= 69

Mcqs= 62
shorts Q of 3 marks = 3
shorts Q of 5 marks = 4

Q1:Define unemployment what is meant by unemployment rate :3 marks

Q2:what is the reason of poverty in developing countries according to prebisch singer hypothesis?:3m

Q3:Differentiate b/w acthual GDP and potential GDP?:3m

Q4:What is meant by balance of payment (BOP)? How BOP is used as an indicator of economic and political stability discuss?: 5m

Q5:if a consumer is facing some budget constraint and having many indifference covers then what will be the optimum point where he can maximize his utility . explain with the help of diagram?:5m

Q6:How crowding out of investment demond occur due to explansion fiscal policy? 5m

Q7: calculate injections at each table

Q7 is just idea table was very big and i have no time to note ok

by Asad Mon Feb 14, 2011 12:52 pm

1- What type of taxes govt. can impose ? Explain them briefly ?

2- Write the difference between cost puch inflation & demand pull inflation with example?

3- What will be the value of MPS when the value of multiplier is 1.45

4- “Slope of consumption function is less then 1” What is its mean?

What are the important variable used to determine the national income.

by Asad Fri Feb 18, 2011 2:34 pm

2On what factors steady state growth rate of real GDP depends ? (3)
Water which is essitional for life is so cheap while diamound are nt so esstional for life are so expensive why disscuss.(5)
Caulate GNP, NNP (5)
What are the wffect of expacisionary fiscal on country debt.
Give the formula of the following 3
GNP, NNP,GDP Defaltor
Function of Central bank5
Pull demand inflation, cost push inflation difference 5
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The discounted value of the net returns that the asset generates over a
period of time plus the discounted value of its disposal value at the end of
the period minus the initial purchase cost is known as:
► Future value.
► Net present value.
► Discounted value.
► Disposal value.
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Question No: 23 ( Marks: 1 ) - Please choose one
The level of output produced when the labor market is in equilibrium is
called:
► Target output.
► Product market equilibrium output.
► Full-employment output.
► Natural output.
What will happen to LM curve if the central bank increased the supply of
real money balances?
► It would become steeper.
► It would become flatter.
► It would shift upward.
► It would shift downward
Slope and elasticity of demand have
► A direct relation.
► An inverse relationship.
► No relation between slope and elasticity.
► None of the given options
If
average physical product (APP) is decreasing then which of the following must
be true?
► Marginal physical product is more than the average physical product.
► Marginal physical product is less than the average physical product.
► Marginal physical product is decreasing.
► Marginal physical product is increasing.
Classical economics was replaced as the dominant theory of
macroeconomic analysis by:
► Monetarism.
► Rational expectations.
► Keynesian economics.
► Neoclassical economics.
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Water which is essitional for life is so cheap while diamound are nt so esstional for life are so expensive why disscuss.(5)
Caulate GNP, NNP (5)
What are the wffect of expacisionary fiscal on country debt.
Give the formula of the following 3
GNP, NNP,GDP Defaltor
Function of Central bank5
Pull demand inflation, cost push inflation difference 5
And fellowing mcq were which I rember.
Which of the following is the best example of a public good?
► A cup of coffee.
► A monthly magazine.
► A haircut.
► An interstate highway.
Marginal profit is equal to:
► Marginal revenue minus marginal cost.
► Marginal revenue plus marginal cost.
► Marginal cost minus marginal revenue.
► Marginal revenue times marginal cost.
Classical economics was replaced as the dominant theory of
macroeconomic analysis by:
► Monetarism.
► Rational expectations.
► Keynesian economics.
► Neoclassical economics.
In Keynesian economics, a deflationary gap results if:
► Aggregate expenditures are greater than aggregate production.
► Aggregate expenditures are equal to aggregate production.
► There are no changes in inventories.
► Aggregate expenditures are less than aggregate production.
Assume that there is no government or foreign sector, if the marginal
propensity to save (MPS) is 0.2, then the value of saving multiplier will be
equal to:
► 0.80
► 1.20
► 0.50
► 1.25.
output?
► The next unit produced will decrease profit.
► The next unit produced will increase cost more than it increases revenue.
► The next unit produced will increase revenue more than it increases
cost.
► The next unit produced will increase revenue without increasing cost.

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LET’S enjoy and Keep rember me in your prayer
Wish u Best of Luck

by **kamran** Sun Feb 20, 2011 8:02 pm

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