Economics 2014 SU Past Paper-B BA / B.Sc

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Economics 2014 SU Past Paper-B BA / B.Sc

University of Sargodha – BA / B.Sc (1st Annual) 2014

Time Allowed: 3 HoursMaximum Marks: 100

Note: Attempt five questions in all, selecting three questions from Part-I and two questions from Part-II

Economics 2014 SU Past Paper-B BA / B.Sc

PART-I

Question # 1:

Discuss the evolution and importance of Macroeconomics. How Macro and Micro Economics can be differentiated?

Question # 2:

Define National Income and differentiate the following concepts:

a) Gross National Product and Net National Product

b) Personal Income and Disposable Personal Income

c) Nominal and Real GDP

Question # 3:

What is Say’s Law of Markets? Explain this law in Barter System and Monetary System and also highlight its weaknesses.

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Question # 4:

Explain the concept of Multiplier and how a change in Investment brings multiple change in Income? Moreover discuss the limitations of the multiplier theory.

Question # 5:

Discuss the role of Monetary Policy in National Income Determination. Explain that how changes in bank rate influence the level of national income in the situations of inflation and deflation?

Question # 6:

What is balance of payment? List out its components. How a deficit in balance of payments can be removed?

Economics 2014 SU Past Paper-B BA / B.Sc

PART-II

Question # 7:

Define economic development. Discuss quantitative and qualitative methods to measure economic development.

Question # 8:

Industrial Sector is not generating employment opportunities for rapidly increasing population in Pakistan. How this problem can be resolved?

Question # 9:

Discuss the justification of economic planning in developing countries like Pakistan.

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Question # 10:

What are the causes of low capital formation in Pakistan? Provide suggestions to improve capital formation.


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