As you asking for the Question paper of the University of Madras BA Economics subject Macro Economics the Question paper is as follow


SECTION A — (10 × 2 = 20 marks)
Answer ALL questions.
All questions carry equal marks.
Each answer should not exceed 50 words.
What is Macro Economics?
Define Gross National Product.
What do you mean by equilibrium? ´?
State J.B. Say’s law of markets.
Which is the starting point of Keynesian Macro Economics?
Define consumption function.
What is liquidity preference?
Define Keynes’ ‘‘Real Balance Quantity Equation’’.
What is IS-schedule?
State any two assumptions of theory of comparative cost.


SECTION B — (5 × 8 = 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
Each answer should not exceed 300 words.
Bring out the importance of macro economics.
What are the uses of National Income Statistics?
Explain the Keynesian underemployment equilibrium.
Describe the working of multiplier.
Briefly explain Hicksian trade cycle.
Show how Patinkin integrated monetary and value theory.
Explain Adam Smith’s theory of absolute cost difference.



SECTION C — (2 × 20 = 40 marks)
Answer BOTH questions.
All questions carry equal marks.
Each answer should not exceed 1,200 words.

(a) Summarize classical model of employment.
Or
(b) Examine the factors determining consumption function.

(a) Show how the value and monetary theories have been integrated by Hicks-Hansen?

Or

(b) Discuss the Ricardian theory of International Trade.


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