1. Describe the different concepts of National Income. Also describe the importance of National Income Analysis.
2. Describe Keyne’s Psychological Law of Consumption and explain its implications.
3. What do you understand by Induced Investment? Describe the determinants of inducement to invest.
4. Describe the various types of Business Cycles. Also throw a light on Keyne’s theory of Trade cycle.
5. Describe the causes of Inflation. How can it be controlled?
6. Explain the objectives and function of Monetary Policy in a developing economy.