{"id":1377,"date":"2021-04-04T12:58:37","date_gmt":"2021-04-04T07:13:37","guid":{"rendered":"https:\/\/bcisnotes.com\/secondsemester\/?p=1377"},"modified":"2021-04-04T12:58:37","modified_gmt":"2021-04-04T07:13:37","slug":"pokhara-university-fall-2015-macroeconomics-bcis-notes","status":"publish","type":"post","link":"https:\/\/bcisnotes.com\/secondsemester\/question-bank\/pokhara-university-fall-2015-macroeconomics-bcis-notes\/","title":{"rendered":"Pokhara University, Fall 2015 Macroeconomics || BCIS Notes"},"content":{"rendered":"

Fall 2015 Macroeconomics<\/h2>\n

This is the question set along with the answers of Fall 2015 Macroeconomics which was taken by the Pokhara University (PU).<\/h5>\n

POKHARA UNIVERSITY<\/strong><\/p>\n

Fall 2015 Macroeconomics<\/p>\n\n\n\n\n\n\n
Level:\u00a0 Bachelor<\/strong><\/td>\nSemester \u2013 Fall<\/strong><\/td>\nYear: 2015<\/strong><\/td>\n<\/tr>\n
Programme: BBA\/BBA-BI\/ BBA-TT\/BCIS\/BHCM<\/strong><\/td>\nFull Marks: 100<\/strong><\/td>\n<\/tr>\n
Course: Introductory Macroeconomics<\/strong><\/td>\nPass Marks: 45<\/strong><\/td>\n<\/tr>\n
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    \n
  1. a) Define macroeconomics. Discuss the various uses of macroeconomics.<\/li>\n<\/ol>\n

    b) Three sector Model consists of household, business and government sector. Explain the circular flow of income and expenditure between and among these sectors.<\/p>\n

    2.\u00a0 \u00a0 \u00a0 \u00a0 a) Define nominal and real GDP. Illustrate with an example how real GDP is calculated from a nominal GDP.<\/p>\n

    b) What do you mean by the problem of double-counting in national income accounting? What method is used to deal with this problem? Explain with example.<\/p>\n

    3.\u00a0 \u00a0 \u00a0 \u00a0a) What is effective demand? How employment is determined according to Keynes? Illustrate with a diagram.<\/p>\n

    b) What is the consumption function? What are the measures to raise the propensity to consume?<\/p>\n

    4. Suppose a model is given as follows:<\/p>\n

    C= 200+0.0Yd (where Yd= disposable income), I=200, G=150, T=20+0.1Y.<\/p>\n

    a) Equilibrium level of income and saving.<\/p>\n

    b) Change in equilibrium income if G increases by 100 and tax rate are increased by 5 percentage point.<\/p>\n

    c) Compute the tax multiplier and government expenditure multiplier the result.<\/p>\n

    5. Explain the Keynesian liquidity preference theory of interest.<\/p>\n

    OR<\/p>\n

    Illustrate the demand-pull inflation and explain the various cause of demand-pull inflation with respect to Nepal.<\/p>\n

    b) For the economy with the following speciation’s:<\/p>\n

    C=200+0.08Yd, I=200-1020i, G= 100, T=100, Mi= 0.5Y, Msp=100-2500i, Ms=250billion<\/p>\n

    Where, Yd= Y-T, Y income, i interest rate.<\/p>\n

    6. a) What is the inflationary gap? Illustrate cost-push inflation with a diagram.<\/p>\n

    b) What is fiscal policy? Discuss the tools of fiscal policy.<\/p>\n

    7. Write short notes on any two:<\/p>\n

    a) Marginal efficiency of capital<\/p>\n

    b) Macroeconomic equilibrium<\/p>\n

    c) Phases of the business cycle.<\/p>\n

    You may also like\u00a0Pokhara University || Fall 2016 introductory Macroeconomics||<\/a><\/p>\n

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