1
20 Marks200 Wordshard
Elucidate how does Kalecki's theory of distribution share the value of output between labour and capital.
EconomyMacroeconomics
2
20 Marks200 Wordsmedium
The marginal efficiency of capital together with the current rate of interest determine the profitability of an investment project. How does it help in the selection of an investment project?
EconomyFinance
3
20 Marks200 Wordshard
Is Friedman's quantity theory of money close to Classical or Keynesian approach to the aggregate demand for money? Give justifications for your arguments.
EconomyMacroeconomics
4
20 Marks200 Wordsmedium
The 'non-rival nature' of social goods consumption has important bearing on efficient resource allocation. Explore the problem with the examples and diagrams.
EconomyPublic Finance
5
20 Marks200 Wordsmedium
How does the burden of tax distribution between buyers and sellers in the ratio of elasticity of demand and that of supply take place?
EconomyPublic Finance
6
20 Marks200 Wordshard
Monetarists are of the view that only money does and Keynesians believe that money does not matter.' What is your reasoning of the extreme views held by the monetarists and the Keynesians?
EconomyMacroeconomics
7
20 Marks200 Wordsmedium
What is the difference between horizontal equity and vertical equity while considering ability to pay? How should the problem be resolved? Illustrate graphically.
EconomyPublic Finance
8
20 Marks200 Wordsmedium
What is liquidity trap'? How does it occur? Illustrate.
EconomyMacroeconomics
9
20 Marks200 Wordsmedium
Would the introduction of automatic teller machines, which allows people to withdraw cash from banks as needed, make deposits more inconvenient and affect the money supply? Elucidate.
EconomyFinance
10
20 Marks200 Wordsmedium
How do the small trading nations share the gains from trade which occur, as a consequence of gains from exchange and gains from specialisation?
EconomyInternational Trade
11
20 Marks200 Wordshard
If all assumptions hold true, how does trade between nations tend to bring about equalisation of factor prices?
EconomyInternational Trade
12
20 Marks200 Wordshard
How does portfolio balance approach differ from monetary approach in determining the exchange rate?
EconomyInternational Finance
13
20 Marks200 Wordsmedium
What do the following terms signify in structural transformation and growth?
Kuznets' U-shaped curve
EconomyDevelopment Economics
14
20 Marks200 Wordsmedium
What do the following terms signify in structural transformation and growth?
Environmental Kuznets curve
EconomyEnvironment
15
20 Marks200 Wordshard
What do the following terms signify in structural transformation and growth?
N-shaped Kuznets curve in the long-run
EconomyDevelopment Economics
16
20 Marks200 Wordshard
How can the structural independence between A-sector and K-sector in the dualistic economy foster growth in the absence of external stimuli?
EconomyDevelopment Economics
17
20 Marks200 Wordsmedium
Compare Human Development Index (HDI) with Human Poverty Index (HPI) as a measure of development. How is the Human Poverty Index different from the Happy Planet Index?
EconomyDevelopment Economics
18
20 Marks200 Wordsmedium
Why do energy elasticities tend to unity in industrially advanced countries?
EconomyEnvironment
19
20 Marks200 Wordsmedium
What are the negative externalities of high energy coefficients?
EconomyEnvironment
20
20 Marks200 Wordsmedium
How is subsidy better than tariff to achieve domestic objectives?
EconomyInternational Trade