2004 Tamil Nadu Open University M A Micro Economics Analysis Question paper for exam preparation. Question paper for 2004 Tamil Nadu Open University M A Micro Economics Analysis Question paper, 2004 Tamil Nadu Open University M A Micro Economics Analysis Question paper. SiteMap
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2004 Tamil Nadu Open University M A Micro Economics Analysis Question paper

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2004 Tamil Nadu Open University M A Micro Economics Analysis Question paper
TAMILNADU OPEN UNIVERSITY
M.A. DEGREE EXAMINATION
MICRO ECONOMICS ANALYSIS
October, 2004
Time: 3 hours Maximum marks: 75.

SECTION A – (3X5-15)
Answer any THREE of the following.


1. What is meant by consumption function? Describe the importance of consumption and
investment in macro economic analysis.
2. Micro Economics and Macro Economics are interrelated with each other – Do you agree.
3. What is meant by National income? Explain the methods of calculating National Income?
4. Explain the term multiplier and accelerator.
5. Explain inflation and state the types of inflation.

SECTION B – (4X15=60)
Answer any FOUR questions.


6. Explain Fisher’s quantity theory of money and state the limitations.
7. How does Keynes criticize the classical theory of Employment? Explain how income and
employment is determined in Keynesian theory.
8. Explain in detail the Modern theory of International Trade.
9. Enumerate the types, causes of inflation and its effect.
10.The ISLM techniques is to analyse the effect of an autonomous increase in investment -
Explain.
11.Examine Patinkin’s contribution between the Money supply, rate of interest and the price
level.
12.State and explain “says law” and what ground did Keynes refuse it.


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2004 Tamil Nadu Open University M A Micro Economics Analysis Question paper for exam preparation. Question paper for 2004 Tamil Nadu Open University M A Micro Economics Analysis Question paper, 2004 Tamil Nadu Open University M A Micro Economics Analysis Question paper