Question1. What do you understand by ‘History of Economic Thought’?
Question2. Explain the concept of materialistic interpretation of history as envisaged by the Karl Marx.
Question3. Analyze the concept of ‘Interest’ as envisaged by Bohm – Bawerk.
Question4. Describe the compensation principle as given by Hicks and Kaldor.
Question5. Compare Pre Keynesian Macro Economics with that of post Keynesian Macro Economics.
Question6. Make a distinction Full employment, Under Employment and Unemployment.
Question7. What are the factors which determine propensity to consume.
Question8. Describe the characteristics of the Trade Cycle.
Question9. What do you understand by the term Statistics? Explain its functions and importance.
Question10. What do you understand by the term Range? What are the merits and demerits of its.
Question11. What do you understand Times Series? What is the function of time series analysis?
Question12. What do you understand by the term normal distribution? Highlight its significant properties?