What is meant by an ‘Economy’?

Define ‘Economic Model'.

What do you mean by Socialism?

What is Globalisation?

Define National Income.

Define GDP deflator.

Write the formula for calculating Market Price and factor cost

If NNP is dollar 7 trillion, net investment is dollar 500 billion and gross investment is dollar 1 trillion determine the level of GNP.

Define full employment.

What is the main feature of rural unemployment ?

What is Cyclical Unemployment?

Write a note on “wage-price rigidity” Keynes.

Define average propensity to consume (APC).

Define Marginal Propensity to Save (MPS).

What is Definition of “The accelerator coefficient”?

Write the definition of “Leverage Effect”.

Define Money.

What is Stagflation?

Mention the components of Money Supply in India.

Answer the questions below using the following information:
All figures are in billions of dollars.

Currency held outside banks	Rs.800
Demand Deposits	1000
Traveler's Checks	100
Other checkable deposits	200
Savings accounts	300
Money market accounts	100
Other near monies	200

a. What is the value of M1?
b. What is the value of M2?

Define Central bank.

What is rationing of credit?

What is a credit card?

Write a short meaning of Money market.

Define International trade.

Define Terms of Trade.

How Modern theory of International Trade attributes international differences in comparative costs to?

What is Foreign Portfolio Investment (FPI)

What is Free trade area?

When and where was SAARC Secretariat established?

Write a short note on IBRD.

What are the achievements of IMF/?

Define public finance.

What is public revenue?

What are the Canons of Taxation?

Define automatic stabilizers.

What do you mean by ecosystem?

What are the remedial measures to control noise pollution?

Define Externalities.

What are the major Causes of Air Pollution?

Distinguish between economic growth and development.

What are the social indicators of economic development?

Write any three non-economic factors

What is human capital?

What are the kinds of Statistics?

Define Regression.

Write the definition of economics in the words of Ragnar Frisch.

Write an equation on :
i) Statistics Regression,
ii) Econometrics Regression