1
12 Marks150 Wordsmedium
Validity of Marshall's equi marginal utility depends on the assumption of unitary elasticity of the marginal utility curves of the commodities under the budget." Clearly explain this assertion.
EconomicsMicroeconomics
2
12 Marks150 Wordshard
"For most developing nations fighting persistent balance of payments crisis and inflationary crisis, monetary contraction is a better option." Do you agree?
EconomicsMacroeconomics
3
12 Marks150 Wordsmedium
Show how price output decision is taken by duopolists, taking into account, their mutual reaction. Under what condition will the duopolistic market be in equilibrium?
EconomicsMicroeconomics
4
12 Marks150 Wordsmedium
"If firms produce differentiated products it is neither possible to identify the industry nor possible to draw its supply curve." Discuss and show how Chamberlin handles the problem.
EconomicsMicroeconomics
5
12 Marks150 Wordseasy
"Agriculture is not just a sector contributing a small proportion of GDP, it is a way of life for the Indians." Discuss.
EconomicsIndian Economy
6
20 Marksmedium
Mention the different components of supply of money as specified by the Reserve Bank of India. In what sense is the narrow money 'narrow'?
EconomicsMacroeconomics
7
20 Markshard
Why is under-employment equilibrium possible in Keynesian economics, but not possible in Classical economics? Give reasons.
EconomicsMacroeconomics
8
20 Marksmedium
Is rent a surplus? Give reasons in support of your assertion and point out the difference between 'rent' and 'quasi-rent'.
EconomicsMicroeconomics
9
20 Marksmedium
What is the difference between private and social cost-benefit? Which one of the two is more relevant to government investment decision and why?
EconomicsPublic Finance
10
20 Marksmedium
Explain why money supply remains unaffected if budget deficit is met by borrowing from the public.
EconomicsMacroeconomics
11
20 Markseasy
Is there any significant difference between Value added tax and Sales tax? If so, what is that?
EconomicsPublic Finance
12
20 Marksmedium
"Industrial development and environmental degradation are highly correlated." If it is true what should be, in your opinion, the policy options for industrialization process vis-a-vis pollution control?
EconomicsEnvironment
13
20 Marksmedium
Discuss the role of multinationals in employment creation, income generation and transfer of technology.
EconomicsInternational Trade
14
20 Markshard
For optimal allocation of resources, which of the options market forces, planning exercise or a combination of both should be suitable for the third world countries? Defend your stand.
EconomicsDevelopment Economics
15
12 Marks150 Wordshard
The assumption of fixed coefficient production function is at the root of Harrod's instability." Discuss and explain whether giving up the assumption really helps.
EconomicsGrowth Economics
16
12 Marks150 Wordsmedium
Derive Marshall's welfare economics from his concept of consumer surplus after explaining consumer's surplus along with the underlying assumptions.
EconomicsMicroeconomics
17
12 Marks150 Wordsmedium
What is prisoner's dilemma? How is it related to a strictly dominant industry?
EconomicsMicroeconomics
18
12 Marks150 Wordsmedium
Show different stages of product life cycle. How do the shortcomings of diffusion lag of new technologies in recent years cause a time compression of the cycle?
EconomicsInnovation
19
12 Marks150 Wordsmedium
Distinguish between Currency Board Arrangement and dollarisation. Why would a nation adopt one or the other?
EconomicsInternational Finance
20
20 Marksmedium
What do you mean by money multiplier? What are the factors that determine the value of the multiplier?
EconomicsMacroeconomics
21
20 Marksmedium
Why does the point of intersection of IS and LM curves coincide with two markets?
EconomicsMacroeconomics
22
20 Markshard
What are the fiscal and monetary implications of vertical IS and vertical LM curves?
EconomicsMacroeconomics