Micro Economics-I M.A Model Question Papers : alagappauniversity.ac.in

Name of the University : Alagappa University
Degree : M.A
Department : Economics
Subject Code/Name : Micro Economics-I
Semester : I
Document Type : Model Question Papers
Website : alagappauniversity.ac.in

Download Model/Sample Question Paper : APRIL 2011 :https://www.pdfquestion.in/uploads/alagappauniversity.ac.in/4046.-M.A.ECONOMICS_cbcs.pdf

Micro Economics-I :

1. What is positive economics –
2. Define Normal commodity.
3. What is meant by economic efficiency –

Related : Alagappa University Development Economics M.A Model Question Papers : www.pdfquestion.in/4022.html

4. What do you understand by ordinal utility –
5. Define Price Line
6. What are returns to scale –
7. What is elasticity of substitution between factors –
8. Define Monopoly.
9. What is Aggressive price leadership –
10. State Kinked demand curve hypothesis.
11. (a) Describe the economic problem of scarcity.
12. (a) What are ridge lines – Draw an Isoquant map showing ridge lines.
13. (a) State and explain Slutsky’s theorem.
14. (a) Explain how price is determined under PerfectCompetition.
15. (a) Describe the characteristics of oligopoly.
16. What is price discrimination –
17. State and explain the law of variable proportions.
18. Enumerate the wastages of Monopolistic Competition.
19. Make a critical appraisal of the revealed preference hypothesis.
20. Describe the endogenous and exogenous variables included in economic models.

MACRO ECONOMICS—I :
1. Define Social accounting.
2. Expand the following :—a) GNP. (b) NNP.
3. State absolute income hypothesis.
4. Define Multiplies.
5. What is trade deficit –
6. Define Open economy.
7. Define Trade Cycle.
8. What is the monetary policy –
9. State the neo-classical approach, to macro economics.
10. What is MEC –
11. (a) Explain briefly the Walrasian General Equilibrium model.
12. (a) Analyse the life cycle Hypothesis of Modigliani.
13. (a) Explain the concept of Foreign Trade Multiplies.
14. (a) What are fiscal notices used to control trade cycle –
15. (a) What are the policy Implications of Neo-classical approach –
16. Explain in detail the different forms of National Income Accounting.
17. Examine the Neo-classical and Keynesian views on Interest.
18. Analyse the monetary approach to Balance of Payments.
19. Make a critical appraisal of Schumpeter’s theory of Trade Cycle.
20. Examine the neo-classical approach to macro economics.

MONETARY ECONOMICS—I :
1. Define Money.
2. What is Bank money –
3. State the transaction demand for money.
4. What is the Post Keynesian development in monetary economics –
5. Define Supply of Money.
6. What is the nature of financial intermediaries –
7. What is cost–push inflation –
8. Mention some of the market theories of inflation.
9. What are the indicators of monetary policy –
10. Define a Monetary reform.
11. (a) List out the advantages of money.
12. (a) Explain the Tobin’s theory of Speculative demand for money.
13. (a) Explain the role of financial intermediaries in India.
14. (a) Explain the methods to control inflation.
15. (a) What are the rules and discretion of Monetary Policy –
16. Explain the different methods of note issue.
17. Compare the Classical approach of demand for money
18. Critically assess the role of money in Keynesian macro system.
19. Explain in detail the non–market theories of inflation.
20. Examine the techniques of monetary controls.

Economics :
Elective—Environmental Economics :
Time : 3 Hours
Maximum : 75 Marks
Part A :
Answer all the questions in one or two sentences.
1. What is externality ?
2. Write a note on Limits to growth.
3. What are the sources of Air pollution ?
4. Define Public good.
5. Define Non-renewable resources of energy.
6. What is Ecology ?
7. Give the meaning of transfrontier pollution.
8. Explain the term ‘ acid rain’.
9. Write the meaning of ‘ozone layer’
10. What is meant by carrying capacity ?

Part B : (5 × 5 = 25)
Answer all the questions, choosing either ‘a’ or ‘ b’
11. (a) Point out the relationship between Environmental economics and Economics. (Or)
(b) Write a note on ‘Environmental Degradation.
12. (a) Explain the causes for Air pollution. (Or)
(b) Discuss environmental problems created by
Distillery industry in Tamilnadu
13. (a) Describe the views of coase on Common Property Rights. (Or)
(b) Write a note on ‘Market Failure’.
14. (a) Explain the environmental cost of economic growth. (Or)
(b) Give a brief account of ‘ Pareto Efficiency ’
15. (a) Discuss the global politics on environmental issues. (Or)
(b) Describe the distributive effects of Environmental policy

Part C : (3 × 10 = 30)
Answer any three questions.
16. Discuss the nature and scope of environmental economics.
17. Describe the effects of population growth on Environmental quality.
18. Explain and illustrate ‘ Market efficiency ’ under Perfect Competion, when pollution is present.