Question Paper Of M.A. Economics Examination Oct.2009 Of Pune University

[3604]-1
M.A. (Part I) (Term-End) EXAMINATION, 2009
ECONOMICS
(EC-l : Micro-economic Analysis)
Time : Three Hours Maximum Marks : 60
N.B. :- (i) Attempt ALI questions.
(ii) Figures to the right indicate full marks.
(iii) Answer should be precise and to the point.
(iv) Draw neat diagrams wherever necessary.
1. Answer the following questions in 20 words each (any seuen) ' t14l
(1) Defrne Normative Economics.
(2) What is micro-economic analysis ?
(3) What do you mean by cardinal utility approach ?

(4) What is price mechanism ?
(5) Define income elasticity.
(6) What is cross-elasticity ?
(7) What is indifference curve ?
(8) Define price discrimination.
(9) Give any two features of monopoly.
(10)What is Iso-quants ?

2. Answer the following questions in 60 words each (any two) : [8]
(1) Explain the functions of market mechanism.
(2) State and explain the Law of Diminishing Returns.
(3) Explain the properties of indifference curve.
(4) Explain the types of monopoly.
3. Answer the following questions in 150 words each (any three) : [18]
(1) What are the basic economic problems ?
(2) State and explain the concepts of Income and Substitution
effect.
(3) Explain the Law of Variable Proportions"
(4) Why is the short run average cost curve 'U'-shaped ?
(5) Explain the concept of Cobb-Douglas production function.
4" Answer any one of the following questions in b00 words : t20l
(1) What are the properties of Iso-quants ? Explain producers
equilibrium with the help of Iso-quants.
(2) Explain the types of price elasticity of demand. What is the
methods measuring price elasticity ?

Total No. of Questions--41 lTotal No. of Printed Pages-3
[3604]-10
MA. (Part II) (Term-End) EXAMINATION, 2OOg
ECONOMICS
(EC-06 : Eeonomics of Growth and Development)
Time : Three Hours Maximum Marks : G0
N.B. :- (t) Attempt All questions.
Gil Figures to the right indicate full marks.
UiD Answer should be precise and to the point.
(iu) Draw neat diagram wherever necessary.
1.. Answer the following questions in 20 words each (any seuen) : [14]
(1) What is economic growth ?
Q) State two diffrculties in measuring the economic development.
(3) What is total factor productivity ?
(4) What is relative poverty ?
(5) What is surplus value ?
G) What is Golden Age ?
0 Give the definition of Innovation.
(8) What is embodied technological progress ?
(9) What is full employment ?
(10) Define labour intensive technique of production.
2. Answer the following questions in 60 words each (any two) : t8l
(1) State the assumptions of Domar's Model of economic growth.
(.2) Explain the role of government in human resource development,
(3) Explain invisible technological development.
(4) How does the poverty affect economic growth ?
P.T.O.
3. Answer the following questions in 150 words each (any three) : [18]
(1) Explain the Joan Robinson's Model of economic growth.
(D Describe crisis in caPitalism.
(3) Explain the Passonetti's Model of economic growth.
(4) Explain vicious circle of poverty.
(5) Examine the role of technological progress in. economic growth.
4. Answer any one of the following questions in 5OO words : [20]
(1) Explain critically the Malthusian theory of economic development.
(D State the role of government in education, health and nutrition.

Total No. of Questions-4] [Totar No. of printed pages-B
[3604]-101
M*A.. (Part I) (First Semester) EXAMINATION, ZO09
ECONOn/ilCS
(EC-101 : Micro Economic Analysis-I)
(JI]NE 2OO8 PATTERN)
Time : Three Hours Maximum Marks : g0
/V.B. :- (r) Attempt Atl questions.
(ii) Figures to the right indicate full marks.
(iiil Answer should be precise and to the point.
1. Answer the following questions in 500 words each (any one) : t20l
(1) Explain in detail the concepts of Static Economics and Dynamic
Economics.
(2) Explain in detail the properties of Indifference Curve.
2- Answer the following questions in 800 words each (any one) : l20l
(1) Explain the methods of measurement of price elasticity of
demand.
(2) Explain in detail the Law of Variable Proportions.
' 3. Answer the following questions in 2b0 words each (any two) : t20l
(1) Discuss the merits of Deductive Economic Method.
(D Explain the Law of Diminishing Marginar Utility.
(3) Write a note on 'Producer's Equilibrium'.
P.T.O.
(4) (a) Explain the concept of Price Elasticity.
(b) The following table shows the quantity of commodity X'
demanded at various prices :
Px (Rs.) a.Dx (Units)
4
D
6
7
10
20
30
&
Find the elasticity of Demand if the price changes from
Rs. 6 to Rs. 7.
4. Write short notes (any four) : [20]
(1) Private Cost and Social Cost;
(2) Substitution Effects;
(3) Limitations of Price' Mechanism;
(4) Total Revenue, Average Revenue and Marginal Revenue;
(5) External Economies;
(6) Limitations of Micro-Economics.

Total No. of Questions-41 lTotal No. of Printed Pages-3
[3604]-102
M-A. (Part I) (First Semester) D(AMINATION' 2009
ECONOMICS
(EC-102 : Public Finance)
(JI,]NE 2OO8 PATTERN)
Time : Three Hours Maximun Marks : 80
lV.B. :- (t) Attempt All questions.
' UD Figures to the right indicate full marks.
Gii) Answer should be precise and to the point.
1. Answer any orue of the following questions in 500 words : [20]
(1) State fiscal functions of the Government and explain
co-ordination among these functions.
(2) Explain in detail the 'Benefit Principle' of Taxation.
2. Answer any one of the following questions in 500 words ' t20l
(1) State and explain the meaning and types of 'Taxable Capacity'.
(2) State and explain 'TViseman-Peacock Hypothesis" of Public
Expenditure.
8. Answer the following questions in 250 words each (any two) : t20l
. (1) Explain the 'Principle of Equity' in taxation.
P.T.O.
(2) Explain the distinction between impact and incidence of Tax'
(s) Briefly explain the concept. of social cost-benefit Analysis'
@)Describetheconceptof?ublicDebtManagement,.
4. Write short notes (anY four) :
(1) Role of Government in Mixed Economy
(2) Subjective approach in Taxation
(3) Methods of Repayment of Public Debt
(4) Wagner's Law of Public Expenditure
(5) Classification of Public Debt
(6) Public Goods and Merit Goods'

Total No. of Questions-4] lTotal No. of Printed Pages-$
t36041-103
M.A. (Part D (First Semester) EXAMINATION' 2009
ECONOMICS
(EC-10S : Agricultural Economics)
(JT]NE 2OO8 PATTERN)
Time : Three Hours Maximum Marks : 80
N.B. :- (r) Attempt All questions.
Oi) Figures to the right indicate full marks.
1. Answer the following questions in 500 words each (any one) : l20l
(1) Explain the causes and remedies of low Agricultural
Productivity.
(2) Evaluate the role of NABARD in Agricultural Credit System.
2. Answer the following questions in 500 words each (any one) '. I20l
(1) Describe the food security situation in India.
(2) Explain the structure and problems of Unorganized credit system
in India.
3. Answer the following questions in 250 words each (any two) : t20l
(1) "Farming as a business or way of life." Comment.
P.T.O.
(2) What are the defects of Agricultural Marketing ?
(3) Explain the problems of Agricultural Management in India.
(4) Explain the challenges before Agriculture sector.
4. Write short notes (any four) :
(1) Livestock in India;
(2) Agriculture price policy;
(3) Organic farming;
(4) Problems of recycling;
(5) Place of Agriculture in Maharashtra;
(6) Cooperative credit system.

Total No. of Questions-4] [Total No. of Printed Pages-3
[3604]-104
M-A.. (Part I) (First Semester) D(AMINATION, 2009
ECONOMICS
(EC-104 : Indian Economic Policy)
(JI]NE 2OO8 PATTERN)
Tirne : Three Hours Maximum Marks : 80
N.B. :- (t) Attempt A// qriestions.
GD Figures to the right indicate full marks.
(iiD Answer should be precise and to the point.
1. Answer any one of the following questions in 500 words : [20]
(1) Explain in detail Demographic features of India.
(2) Evaluate the Economic Reforms in India.
2. Answer any one of the following questions in 500 words : [20]
(1) Explain in detail Money Market and C apital Market
Reforms.
(2) Describe the importance and problems of Small Scale
Industries.
8. Answer the following questions in 260 words each (any two) : t20l
(1) Explain the trend and structure of National Income.
P,T.O.
(2) Explain the Governrnent Policy towards Public Sector after
1992.
(3) Evaluate the social Infrastructural Development.
(4) Describe the Growth and Pattern of Industrialisation in post
Reform period.
4. Write short notes (any faur) :
(i) Imporiance of Economic policy;
(2) Problems of Privatization;
(3) Sources of Energy;
(4) Reforms in Labour Market;
(5) Rural-Urban Migration;
(6) Becent objectives of Monetary policy of R.B.I.

Total No. of Questions-41 lTotal No. of printed pages_3
[36041-105
M.A. (Part r) (First semester) ExAMrNATroN, 2o0g
ECONOMICS
(EC-105 : Labour Economics)
(JI.INE 2OO8 PATTERN)
Time : Three ffours Maximum Marks : g0
l/.8. :- (t) Attempt Alt questions.
ui) Figures to the right indicate full marks.
Gii) Answer should be precise and to the point.
1. Answer any one of the following questions in b00 words : [20]
(1) State the concept of 'Absenteeism'. Discuss the causes of
Absenteeism of Indian Industrial Labour.
Q) Explain the structure and achievements of Labour Unions in
India.
2. Answer any one of the following questions in b00 words : t20l
(1) What is 'Labour Turnovef ? Discuss the causes of Low Labour
Turnover in India.
(2) Take the review of Wage Policy in India since reforms
period.
8. Answer the following questions in 250 words each (any twd : t20l
(1) Explain the characteristics of Indian Labour Market.
P.T.O.
(2) Explain the recommendations of Second National Commission
on Labour.
(3) Critically examine the Modern Theory of Wages.
(4) What are the causes of Industrial Disputes in India ?
4. Write short notes (any .four) : [20]
(1) Exit Policy
Q) Scope of Labour Economics
(3) Problems of wage determination in Rural sector
(4) Effects of Migration of Labour
(5) Collective Bargaining
(6) Minimurn Wage and Fair Wage.

Total No. of Questions-41 [Total No. of Printed Pages-3
[3604]-106
M-A. (Part I) (First Semester) EXAMINATION, 2009
ECONONflCS
(EC-106 : Co-operation Theory and Practice)
(JI]NE 2OO8 PATTERN)
Time : Three Ifours Maximum Marks : 80
N.B. :- (t) Attempt A// questions.
Uil Figures to the right indicate full marks.
Giil Answer should be precise and to the point.
1. Answer any one of the following questions in 500 words : t20l
(1) What is Cooperation ? Explain the nature and characteristics
of cooperation.
(D What is Cooperative Audit ? Discuss the important duties and
responsibilities of Cooperative auditor.
2. Answer €rny one of the following questions in 600 words : [20]
(1) Explain in detail the provisions of Maharashtra Cooperative
Act, 1960.
Q) Evaluate the role played by Cooperative Sugar industry in
Maharashtra in rural economic development.
3. Answer the following questions in 250 words each (any two) : 1201
(1) Discuss in brief the benefits received by the people from the
Cooperative Movement in India.
P.T.O.
(D Explain the problems in cooperative training in India.
(3) Explain in brief the working ahd problems of Primary Agricultural
Credit Cooperative Societies.
(4) Explain the development of cooperative movement in Great
Britain.
4. Write short notes (any four) :
(1) Functions of Regional Rural Banks
Q) Objectives of Vaidyanathan Committee
(3) Functions of State Cooperative Banks
@) Types of Cooperative Audit
(5) Need of Cooperative Supervision
(6) Recent changes in Cooperative Legislation.

Total No. of Questions-4] fTotal No. of Printed Pages4
[3604]-107
M-A- (Part I) (First Semester) EXAMINATION, 20Og
ECONOIWCS
EC-fO? : Mathematical Economics
(JI.]NE 2OO8 PATTERN)
Time : Three lio.r", Ma-imum Marks : 80
N.B. :- (t) Attempt A// questions.
Qil Figures to the right indicate full marks.
Qiil Answers should be precise and to the point.
(iu) Draw neat diagrams wherever necessary.
(u) Use of non-programmable calculator is allowed.
' l. Attempt any one out of two : , t20l
(t) Determine whether the following utility functions would give
rise to indifference curves of usual nature :
( a . ) u=q?+qZ
(b) u = (qt + qilz.
Qil Solve the equations by matrix method :
x + y + z = 1
x + 2 y + 3 2 = 6
tc + 3y + 42 = 6.
P.T.O.
2. Attempt any one out of two : I2ol
(t) The demand law is given by x = 10 - p, near the point
x = 4, and p = 6. If the price increases by \Vo, determine
the per cent decrease in demand and hence an approximation
to the elasticity of demand. Compare the result with the correct
value of elasticity of demand corresponding to x = 4.
Qi) A monopolist firm has the following total cost and demand
functions :
C = a q z + b Q + c
p = p a e .
what is the profit maximising output level when the firm is
assumed to fix the output ? Verify that this is the same result
as when firm fixes the price.
Attempt any two out of four : t20l
(t) A market demand curye is given by D = b0 bp. Find :
(a) The maximum price anytody will pay for the commodity.
(b) The amount demanded when the commodity is a free
good.
Oi) Expand :
(a) (2n + 3)5
(b) (:- ,r\u .
\ 2 " )
t36041-107 2
8.
Giil Find
(o)
(b)
the values of :
36-.000?
57e-w
J7
4.
(iu) Prove that :
( o ) ( A C ) ^ ( B C ) = ( A ^ B ) C
( b ) A ^ ( B C ) = ( A ^ B ) ( A ^ C ) .
Attempt any four out of six : t20l
0 The marginal cost function for some product is (l + 2-x + 6x2)
where x is the output. Find the total cost function if the
fixed cost is Rs. 100 when the output is zero.
(ii) SupposeA shish intends to purchases omei tems of clothsn amely
pant (P), shirt (S), Bush-shirt (B), fie (T). He finds that prices
of the different items of the cloths at a particular shop are
as follows :
Prices : (a) Rs. 500 per pant.
(b) Rs. 250 per shirt.
(c) Rs. 300 per Bush-shirt.
(il Rs. 200 per tie.
Suppose Ashish wishes to buy 2 Pants, 2 Shirts, 1 Bush shirt
and 2 ties at these prices, how much he will pay for the
whole lot ? (Use matrix multiplication).
136041-107 P.T.O.
Qiil If the demand function is p = 35 - 2-x - x2, artd the demand
xg is 3, what will be the consumer's surplus ?
(iu) An enterprise produced 600 units in the third year of its existence
and 700 units in its seventh year, find its production in the
first and fifth year, assuming it grows in an arithmetic progression.
(u) show that v =
#i and v =
* are monotonic functions
of x.
(ui) Explain Samuelson's model of accelerator and multiplier.
t36041-107 4
Total I$o. of Questions-4] lTotal No. of Printed Pages-3
[3604]-108
M.A. (Part I) (First Semester) EXAMINATION' 2009
ECONOMICS
(EC-108 : DemograPhY)
(JUNE 2OO8 PATTERN)
Time : Three flours Maximum Marks : 8O
N.B. :- (r) Attempt All questions.
QD Figrres to the right indicate full marks.
Qii) Answer should be precise and to the point.
1. Answer any one of the following questions in 500 words : [20]
(t) Explain the "Optimum theory of Population".
(iD What is Quality of Popuiation ? trxplain the factors affecting
Quality of PoPulation.
2. Answer any
(t) What are the main determinants of population policy ? Assess
the population policy in India during plan period'
(iD Explain the problems of population growth in less developed
countries.
P.T.O.
3. Answer the following questions in detail with 25O words each
(any two) : 120)
(t) Discuss the theory of Demographic Transition.
Qi) Why is the study of fertility important ?
GiD Explain the concept of 'TVoman Empowerment".
(iu) Account for the growth of Rural and Urban population in Developing
Nations.
4. Write short notes (any four) : t20l
(r) Components of Population Growth;
Qi) General Fertility Rate;
Uii) Reproduction Rate;
(iu) Education Policy of India's Population;
(u) Pattern of age and sex structure in Developing Nations;
(ul) Age Pyramids.

Total No. of Questions-4j lTotal No. of Printed Pages-4
[3604]-11
M.A. (Part II} (Term-End} EXAMINATIC)N, 2009
ECONOVfiCS
(EC-6 : Inter'national Trade and Finance)
Time : Thvee Hours Maximum Marks : 60
N.B. :- Q AII questions are compulsory.
{iil Figures ts the right indicate full marks.
Giil Answers shculd be precise and tc the point.
(iu) Drapr neat diagrams wherever necessarJi.
l. Answer the following questions in 20 words each (any seuen) : [14]
(1) What is Absolute Advant age ?
(2) What is meant by intra-industry trade ?
i3) What is factor endowment-q?
(4) Vtrhat is hrarter terms of trade ?
(5) What is Tariff Barriers ?
(6) What is m.eant by DumPing ?
(n What is meant by Quota "!
(8) What is Balance of Trade ?
(9) What is Gsrld Standard ?
(10) What is fixed exr:hange rate ?
P.T.O.
2. Answer the following questions in 60 worcls each (any two) : [g]
(1) Explain the Leontiffs paradox.
(2) Explain the economic effects of tariffs.
(3) ffxplain the merits of fixed exchange rate.
(4) What are the non-tariff barriers ?
3, Answer the foilowing questionsi n lbO words each (any three): tlgj
(1) What are the measures adopteri to correct disequilibrium in
halance of payments ?
Q) Explain the demerits of fixed exchange rate.
(3) What are the types of quota.
(4) Explain the effect of foreign trade multiplier on National
Income.
(5) Explain the Rebezynski theorem.
4. Answer any one of the following questions in 800 words : [2a]
(1) Explain the Modern Theory of International Trade.
(2) Evaluate horn' the international trade can become an engine
to economic growth.

Total No. of Questions-4] lTotal No' of Printed Pages-$
[3604\-L2
M.A. (Part II) (Term-End) EXAMINATION, 2009
ECONOMICS
(EC-13 : Agricultural Economics)
Time : Three Hours Maximum Marks : 60
N.B. :- (r) AttemPt All questions.
(ii) Figures to the right indicate full marks.
(iiil Answer should be precise and to the point.
1. Answer the following questions in 20 words each (any seuen) : [14]
(1) state two obstacles in modernisation of agriculture.
(2) State two problems of milk marketing'
(3) What is livestock productivity ?
(4) State two Problems of winerY.
(5) What is Production function ?
(6) Define resource substitution.
(7) State two principles of factor combination in agriculture.
(8) Define caPitalist farming.
(9) What do you mean bY land reforms ?
(10) State two problems of Marginal farmers.
2. Answer the following questions in 50 words each (any two) : [8]
(1) Explain the interdependence between agriculture and industry.
(2) Explain the importance of rural industrialisation in India.
(3) Explain the significance of farm budgeting.
(4) Explain the drawbacks of collective farming.
P.T.O.
B. Answer the following questions in 150 words each (any thre.e) : [18]
(1) Explain thc role of agriculture in poverty alleviation.
(2) Explain thc relation between agricultural development and
environment Problems.
(3) Explain the laws of returns in agriculture.
(q Explain the factors affecting the aggregate supply in agriculture.
(5) Explain the determinants of factor combination in agriculture.
4. Answer the following questions in 500 words each (any one) : t20l
(1) TVhat do you mean by diversification of rural economic
activities ? Explain its progress and problems in India.
(2) Write an cssay on performance and problems of land reforms
in India.

Total No. of Questions-4] [Total No. of Printed Pages-B
[3604]-13
M-A- (Part II) (Term-End) EXAMINATION, 2OOg
ECONOMICS
(EC-f4 : Financial Institutions and Markets)
Time : Three Hours Maximum Marks : 6O
N.B. 3- (t) Attempt AJI questions.
Gi) Figures to the right indicate full marks.
QiD Answers should be precise and to the point.
1. Answer the following questions in 20 words each (any seuen\' t14l
(1) What is Financial system ?
(2) What do you mean by deregulation ?
(3) Define financial liberalisation.
(4) What is liquidity risk ?
(5) Define basic yield.
(6) Define Commercial Bank.
(7) What is finance ratio ?
(8) What is Non-Performing Asset ?
(9) What is Financial Innovation ?
(10) What is gross yield ?
2. Answer the following questions in 60 words each (any two) : t8l
(1) Explain the concept of financial integration.
(2) State the functions of financial sector.
(3) State the principles of valuation of security.
(4) Explain the concept of Risk and Return.
P.T.O.
3. Answer the following questions in 160 words each (any three): [18]
(1) State and explain the need of financial sector reform.
Q) Explain the profitability of commercial banks in India.
(3) Explain the structure of commercial banks in India
(4) Explain the concept of financial engineering.
(5) Evaluate briefly the classification of Risk.
4. Answer any one of the following questions in 600 words : [20]
(1) Critically evaluate the Performance of Cornmercial Banks after
1970.
(2) State the need of financial sector reforms. Evaluate the financial
reforms in Intlia.

Total No. of Questions-41 [Total No. of Printed Pages-2
[36041-L4
M.A. (Part II) (Term-End) EXAMINATION, 2009
ECONOIVIICS
(EC-15 : Computer Application in Economic Analysis)
Time : Three Hours Maximum Marks : 60
N.B. :- (r) Att questions are compulsory'
(tD Figures to the right indicate full marks'
(ii) Answers should be precise and to the point.
(iu) Draw neat diagrams wherever necessary'
1. Attempt any seuen of the following :
(1) List the components of computer'
Q) What is software ?
(3) What is frle ?
(4) What is oPerating sYstem ?
(5) What is median ?
(6) Defrne regression coefficient'
(7) List any two storage devices'
(8) What is the use of scanner ?
(9) What are the objectives of average ?
(10) Why are there two regression lines ?
2. Attempt any two of the following ' t8l
(1) ExPlain any two inPut devices'
P.T.O.
t14l
Q) Explain opening and appending file operation'
(3) Describe the importance of statistical method.
@) What are the merits and demerits of least square method ?
3. Attempt any three. of the following : [18]
(1) What are the advantages of diagrammatic and graphical
representation of data ?
(2) Explain the moving average method to
(3) Explain the organization of floppy disk.
($ What are the applications of computer
(5) What is data ? What is information ?
by data analysis ?
Attempt any one of the fol'lowing :
(1) What are the different types of file organization ? What
the advantages of DBMS over file organization ?
Q) Define arithmetic mean, mode and state the formula for each.
Discuss merits and demerits of arithmetic mean and mode.
measure the trend.
?
What do you mean
4. t20l
are
t36041-14 2
Total No. of Questions-4] [Total No. of Printed Pages-$
[3604]-15
M*A.. (Part II) (Term-End) D(AMINATION, 2009
ECONOMICS
(EC-16 : History of Modem Economic Analysis)
Time : Three Hours Maximum Marks : 60
N.B. :- (r) Attempt All questions.
(ii) Figures to the right indicate full marks.
(iiD Answer should be precise and to the point.
l. Answer the following questions in 20 words each (aty seuen) : [14]
(1) Give Amartya Sen's definition of Human Resource.
(2) What is Hicks ordinal utilitY ?
(3) Give two objectives of Solow's model of economic growth.
(4) State Samuelson's definition of revealed preference.
(5) State Friedman's definition of permanent income.
(6) State Lewis's defrnition of economic development.
g) What is export obsolescence ?
(8) What is the Marginal Rate of Substitution ?
(9) What are the factors that determine demand for money ?
(10) Give Ragnar Frisch's definition of Dynamic Economics.
P.T.O.
Z. Answer the following questions in 50 words each (any hao) : [8]
(1) Explain the concept of Arrovin 'social welfare function'.
(2) State the features of monetarism.
(3) Explain Arrow's conditions of social choice.
(4) Explain Amartya Sen's approach to applied welfare economics.
3. Answer the following questions in 160 words each (any three)' t18l
(1) Explain Milton Friedman's approach of monetarism.
(2) Explain the consumer's equilibrium described by Hicks.
(3) Explain Lewis's theory of Balanced Economic Growth.
(4) Explain Robert Solow's model of Economic Growth.
(5) Explain the Timbergen's approach of dynamic economics.
4. Answer the following questions in 600 words each (any one) : [20]
(1) Exarnine critically the portfolio theory of' Tobin.
(2) Critically examine Samuelson's Revealed Preference Theory.

Total No. of Questions-4] lTotal No. of Printed Pages-$
[36041-2
MA.. (Part I) (Term-End) EXAMINATION, 2009
ECONOMICS
(EC-02 : Public Economics)
Time : Three Hours Maximum Marks : 60
N.B. :- (r) Atternpt AII questions.
QD Figures to the right indicate full marks.
OiD Answer should be precise and to the point.
(iu) Draw neat diagrams wherever necessary.
1. Answer the following questions in 20 words each (any seuen) : [14]
(1) What is Mixed Economy ?
(2) What is Taxable Capacity ?
(3) Define Public Expenditure.
(4) Define Public Economics.
(5) Give two characteristics of private sector.
(6) What is burden of tax ?
Q) Define discount rate.
(8) State the two criteria for public investment.
(9) What is economic stabilization ?
(10) What is meant by programming budgeting ?
P.T.O.
2. Answer the following questions in 50 words each (any two) : tSl
' (1) Briefly explain the 'Ability to Pay Approach' of taxation.
(2) Explain briefly 'Tiebout Model'.
(3) Explain the concept of social cost-benefit analysis.
,n] Explain briefly the structure of public expenditure.
3. Answer the following questions in detail with 150 words each
(any three) : t18l
(1) State the role of government in organised economy.
(2) Explain the concept of 'Zero Base Budgeting'.
(3) Explain thc theory of Optimal Taxation.
(4) Explain the causes of growth of public expenditure.
(5) State and explain the theory of 'Club Goods'.
4" Answer any orue of the following questions in 500 words : t20l
(1) Explain fully Wag;ner's Law of public expenditure.
(2) Explain the contribution of Samuelson and Musgrave in provision
of public goods.

Total No. of Questions-4] lTotal No. of Printed Pages-8
[36041-2OL
Time
N.B.
MA. (Part I) (Second Semester) EXAMINATION' 20Og
,
ECONOI/trCS
EC-201 : Micro-economic Analysis-Il
(JTJNE 2OO8 PAT"TERN)
: Three Hours Maximum Mari<s : 80
:- (t) Attempt All questions.
OD Figures to the right indicate full marks.
(iiD Answer should be precise and to the point.
(lu) Draw a neat diagram wherever necessary.
1 . Answer any one of the following questions in 600 words ' t20l
(t) "Given the price, output is larger under perfect competition
than monopoly and given the output, price is higher in monopoly
than perfect competition." Discuss.
GD Critically examine the Modern theory of Interest.
2. Answer any one of the following questions in 600 words : [20]
(t) How is price and output determined under Oligopoly ?
(ii) Critically examine Marginal Productivity Theory of Distribution.
P.T.O.
3. Answer the following questions in 250 words each (any two) : t20l
(r) What is Discriminating Monopoly ? Under. what conditions is
it possible ?
Qi) "Kinked demand curve is a characteristics oligopoly." Discuss.
Uii) Explain Baumol's Model of Sales Revenue Maximization.
(iu) Explain the Bergson-Samuelson'ss ocial welfare function.
4. Write short notes on (any four) :
(t) Selling cost;
(ii) Risk and Uncertainty theory of Profrt;
Qii) Excess capacity;
(iu) Conditions of Pareto optimality;
(u) Wage determination under Collective Bargaining;
(ui) Features of monopoly.

Total No. of Questions-4] lTotal No. of Printed Pages-8
[36041-202
MA. (Part I) (Second Semester) EXAMINATION' 2009
ECONOMICS
(EC-202 : Indian Public Finance)
(JI]NE 2OO8 PATTERN)
fime : Three Hours Maximum Marks : 80
N.B. :- (t) Attempt A/l questions.
GD Figures to the right indicate full marks.
(iii) Answer should be precise and to the point.
1. Answer any one of the following questions in 600 words : t20l
(1) How does the Central Government prepare and present the
Budget ? Discuss it.
(2) Discuss the major trends in Revenue of Union and State
Government Since 1991.
2, Answer any one of the following questions in 600 words : [20]
(1) State and explain interdependence of Monetary and Fiscal
Policies.
(2) Explain in detail the principles of Fedral Finance.
8. Answer the following questions in detail with 260 words each
(any two) : [20]
(1) Discuss the reforms in Direct Taxes.
P.T.O.
Q) Explain the effects of Deficit Financing in Indian Economy.
(3) What are the causes of Indian Fiscal imbalance ?
(4) Discuss thc provisions of
-Transfer
of Resources from union
to state.
4. Write short notes on (any four) : [20]
(1) Sources of Revenue of the State Governments.
(2) Burden of External Public debt.
(3) Balance budget multiPlier.
(4) Vertical and Horizontal Imbalance.
(5) Recommendations of lzth Finance Commission.
(6) Components of Budget'

Total No. of Questions-41 [Total No. of Printed. Pages-3
[36041-203
M.A. (Part I) (Second Semester) EXAMINATION, 2009
ECONONIICS
(EC-203 : Indian Agriculture Problems and Policies)
(JUNE 2OO8 PATTERN)
Time : Three Hours Maximum Marks : 80
N.B. (t) Attempt All questions.
Qi) Figures to the right indicate full marks.
(iii) Answers should be precise and to the point.
1. Answer any one of the following questions in 500 words : [20]
(1) Discuss the past and present policy of ceiling on land holdings
in India.
(2) "Low efficiency of agricultural labourers is the obstacle in
agricultural development in India," Discuss.
2. Answer any one of the following questions in 500 words : [20]
(1) Critically evaluate the impact of WTO on Indian agriculture.
(2) Examine the problems of Agricultural Exports and Imports
after 1995.
3. Answer the following questions in 250 words each (any two) : t20l
(1) Explain the significance of StrZ Policy in India.
P.T.O.
e) .tEXlM Policy 2004-09 can increase agricultural export'"
Discuss.
(g) Explain the need and importance of Employment Guarantee
Scheme.
(4) Explain thc agricultural problems in Maharashtra.
4. Write short notcs in 100 words each (any four) : [20]
(1) Agricultural Policy in Maharashtra'
(2) Importance of Agricultural Labour Policy.
(3) Recent changes in flower export policy'
@) Issues of agricultural subsidies'
(5) Need of scrvice sector in relation to agriculture.
(6) Problems of agricultural imports'

Total No. of Questions-41 lTotal No. of Printed Pages-3
[36041-204
M.A. (Part I) (Second Semester) EXAMINATION, 2009
ECONOMICS
(EC-2O4 : Industrial Economics)
(JT]NE 2OO8 PATTERN)
Time : Three Hours Maximum Marks : 80
N.B. :- (t) $ttempt AII questions.
Gi) Figures to the right indicate full marks.
Gii) Answer should be precise and to the point.
Answer the following questions in 500 words each (any one) : [20]
(t) Describe the importance of private sector in Industrial
development. Discuss the advantages and drawbacks of private
sector.
Ui) Critically examine the Alfred Weber's theory of Industrial Location.
Answer the following questions in 500 words each (any one) : [20]
(r) What is meant by Industrial productivity ?'Industrial productivity
is playing an important role in competitive environment.'Comment.
Uil State the importance of Industrial Finance. Explain the various
sources available for financing public sector.
Answer the following questions in detail with 25O words each
(any two) : [201
(t) trxplain the causes of Industrial Imbalance.
Gi) State the role of foreign capital in economic development.
Gii) Explain the salient features of Industrial Policy Rosolution, 1991.
(iu) Role of Multinational Corporations in India.
2.
3.
P.T.O.
4. Write short notes on (any four) : [20]
(r) Causes of Industrial Combinations.
(ii) Factors affecting underutilisation of capacity.
(iiD Government policy towards Foreign Direct Investment.
(iu) Problems of Cottage Industries in India.
(u) Scope of Industrial Economics.
(ui) Industrial Policy, 1977.

Total No. of Questions--4] [Total No. of Printed Pages-.3
[8604]-205
M-4. (Part I) (Second Semester) DIAMINATION, z(ng
ECONOMICS
(EC-206 : Rural Development)
(.tuh[E 20OB PAffEn]\I)
fime : Three Hours Maximun Marks : B0
N.B. 3- (t) Attnmpt AII questions.
(tt) Figures to the right indicate full marks.
(iii) Answer should be precise and to the point.
1. Answer the following questions in 6fi) words each (any onz) : t20l
(1) State and explain the causes of Rural Indebtness.
(2) Discuss the performance and problems of EGS (Employment
Guarantee Scheme).
2. Answer the following questions in 6fi) words each (any orc) : t20l
(1) Briefly comment on Training Rural Youth for self-employment.
(2) Discuss the causes and remedies of rural unsmploJrment.
8. Answer the following questions in detail with 260
(any two) :
(1) Explain the approach of V.M. Dandekar to rural
(2) Explain the role of Rural Industrialization
Development.
words each
l20l
development.
in Economic
P.1'.O.
(3) state the employment opportunities available in unorganised
sector and explain the problems related to this sector'
(4) Briefly comment on swarn Jayanti Gram swarozgar Yojana'
4. Write short notes on (anY four) :
(1) Tribal DeveloPment Programme;
(2) Rural Electrification;
(3) Structure of Rural EconomY;
(4) Marginal Farmer and Agricultural Labour;
(5) Rural TbansPort;
(6) Green Revolution'

M-A- (ParJ I) (Second semester) E)(I\MINATION' 2009
ECONONMCS
(EC-2OG : Connputer Application in Economic Analysis)
(JUNE 2OO8 PATTER}I)
fime : I\n'o and llalf llouns Maximum Marks : 60
N.B. :- (t) AttemPt AII questions.
(tt) Figures to the right indicate full marks'
{iiil Answer shorrld be precise and to the point.
Total No. of Questions--41 lTotal No. of Printed Pages-2
ls604l-206
: [1x15=15]
with its application.
What are the arlvantages and
1. Attempt any one of the following
ir) Explain RZR. and B.zC model
(rt) Explain the working of ATM.
disadvantages of ATM ?
2. Attempt
(A) (r)
any one
What
panel.
What
of the following (A
is operating system ?
is Network ? ExPlain
Or
o r B ) :
Explain the use
Client Server
[1x15=15]
of control
t8l
(rr) Network.[ 7]
(B) (r)
ui)
Explain the different
What is spreadshee?t
used in MS-Excel.
types of computer. t8l
Explain any three built in function
t7l
P.T.O.
S. Attempt any three of the following : [Bxb=ld]
(t) How is thc security provided for E-commerce ?
Qil What are the different techniques use for authentication ?
Gii) What are the goals of Network ?
(iu) What is electronic transaction ? How is this transaction validated ?
(u) What are application of Internet ?
4. Attempt any three of the following : [Bxb=15]
(t) Explain any tqo output devices.
Qil what is software ? Explain different types of software.
(iiD What is MS-Chart ? Explain the steps for creating a bar chart.
(iu) Explain the various components of a window.
(u) Explain how digital signature provides security.
t36041-206 2
Total No. of Questions-41 lTotal No. of Printed Pages--4+l
[36041-207
M.A. (Part I) (Second Semester) EXAMINATION, 2009
ECONOMICS
EC-2O7 : Statistical Techniques
(JT]NE 2OO8 PATTERN)
Time : Three Hours Maximum Marks : 80
N.B. :- (r) AII questions are compulsory.
Ui) Figures to the right indicate full marks.
Uii) Answers should be precise and to the point.
(iu) Use of non-programable calculator is allowed.
1. Attempt any one : [20]
(t) The following table gives number of miles covered in one day
by 150 delivery vans :
Number of Miles
Under 30
30 and under 40
40 and under 50
50 and under 60
60 and under 70
70 and under 80
80 and under 90
90 and over
Total
(a) Draw an ogive cumulative
data.
150
Number of Vans
03
14
30
u
?a
23
15
03
frequency curve of the above
P.T.O.
(b) From Your ogive find :
(r) Median
QD Lower Quartile
GiD UPPer Quartile
(iu) The lowest Quartile
(u) The highest Decile.
(c) Estimate the percentage of vans that cover between 48
and 77 miles Per day.
(iD Find the mean values of the two random variables 'x' and
,y,, artd. the correlation coefficient between them when the two
lines of regression are given bY :
5 x + 7 Y 2 2 = 0
6 x + 2 Y 20 = 0 , a n d
if the variance of y = 15. Find the standard deviation of 'x''
2. Attempt any one : [20]
(t) In 1,000 extensive sets of trials for an event of small probability,
the frequencies Ot of the number x.i of successes proved to
b e :
o,
305
365
fri
0
1
[3604]-207 2
2
3
4
D
6
7
2r0
80
28
09
v2
01
Find the mean and variance of the successesD. iscuss probability
of frequencies following the Poisson distribution. Also test the
goodness of fit by the Chi square test.
QD Compute the quadratic trend of the form :
y = a + bx + 6x2
for the data showing the production of an item over a seven
year period.
Year Production
('000 units)
10
11
t2
09
10
t 3
11
1985
1986
1987
1988
1989
1990
1991
136041-207 3 P.T.O.
3. Attempt any two : t20l
Qi)
The sum and product of the mean and variance of a binomial
distribution are 16 and 48. Find the distribution.
The research unit in an organisation wishes to determine whether
scores on the scholastic aptitude test are different for male
and female applicants. Random samples of applicants file are
taken and summarized below :
(r)
x
S.D.
n
Applicants
Female
502.1
86.2
399
Male
510.5
90.4
2M
using the above sample data test the Null Hypothesis that
the average score is the same for the population of male and
female applicants. use 57o significance level and assume that
the scores are normally distributed in each case.
(iii) If four squares are chosen at random on a chess board, find
the chance that they should be in a diagonal line.
(id A certain stimulus administered to each of the t2 patients
resulted in the following increase of blood pressure :
5, 2, 8, -1, 3, 0, -2, 1, 5, 0, 4 and 6'
can it be conducted that the stimulus will, in general, be
a c c o m p a n i e d b y a n i n c r e a s e i n b l o o d p r e s s u r e ?
lGiven : For 1]- d.f. fo.ot = 2'7)
[3604]-207
4. AttemPt any four :
t20l
(t) write a note on 'cond^itions for' and 'uses of chi sq"are (1'2)
test.
( i D A d i e i s t h r o w n t w i c e a n d t h e s u m o f t h e n u m b e r s a p p e a r i n g
is observed to be 7. what is the conditional probability that
number two has appeared at least once'
( i i i l E x p l a i n t h e c o n c e p t o f m o v i n g a v e r a g e s . H o w d o t h e y h e l p
in measure the secular trend in time series ?
(iu) Write short notes on :
(o) Stratified random samPling
(b) Multistage sampling'
(u) Write short notes on :
(o) AnalYsis of variance
(b) SamPling in accounting'
fui)Whatarethemostimportantcharacteristicsofstandarddeviation?
Give the limits of standard deviation'
t36041-207
Total No. of Questions-41 [Total No. of Printed Pages-3
[3604]-208
M.A. (Part I) (Second Semester) EXAMINATION, 2009
ECONONIICS
EC-208 : Community Development and Planning
(JT]NE 2OO8 PATTERN)
Time : Three flours Maximum Marks : 80
N.B. :- (t) Attempt All questions.
(ii) Figures to the right indicate full marks.
GiD Answer should be precise and to the point.
1. Answer the following questions in 500 words each (any one) : I20l
(1) Critically examine the Prebisch-Singer's hypothesis of
development.
(2) Explain the post-Marxism in the light of current social
development.
2. Answer the following questions in 500 words each (any one) : [20]
(1) "Redefining the concept of social development in term of
Redistribution of Income and basic human needs is worth while."
Comment.
(2) What is Social Planning ? Explain the need for social
planning.
P.T.O.
3. Answer the following questions in detail with 250 words each (any
two) : t20l
(1) Elaborate the term 'Social Capital'. Give the difference between
'Capital' and 'Social CaPital''
(2) Explain the International population policy.
(3) State the interdependence of Social Development and the
Environment.
(4) Give the details of India's Population Policy.
4. Write short notes on (any four) :
(1) Shumpeterian theory of underdevelopment
(2) Basic human needs
(3) Importance of social environment
(4) Values and Beliefs
(5) Collective behaviour theorY
(6) Co-relation between planning and aid'

Total No. of Questions-41 lTotal No. of Printed Pages-3
[36041-3
M.A. (Part I) (Term-End) EXAMINATION, 2009
ECONOMCS
(EC-3 : Indian Economic Policy)
Time : Three Hours Maximum Marks : G0
N.B. :- (r) Attempt AII questions.
GD Figures to the right indicate full marks.
Oii) Answer should be precise and to the point.
(iu) Draw neat diagrams wherever necessary.
1. Answer the following questions in 20 words each (any seuen) : [14]
(1) Define economic development.
(2) Define Human Development Index.
(3) What is pressure groups ?
(4) Define Birth Rate.
(5) What is Population Explosion ?
(6) Define Poverty.
Q) What is 'Social Infrastructure' ?
(8) State the two sources of Energy.
(9) What is Planning ?
(10) What is sustainable agriculture ?
2. Answer the following questions in 50 words each (any two) : t8l
(1) State the various approaches to Economic Development.
P.T.O.
(2) State the role of Non-Governmental Organisations in Economic
Development.
(3) Explain the causes of Poverty in India.
(4) What is technological change in agriculture ?
3. Answer the following questions in 1b0 words each (any thre.e) : [18]
(1) What are the effects of urbanization on the civic
amenities ?
(2) what are the general objectives of Indian planning ?
(3) Explain the nature of environmental irnbarances.
(4) Explain the concept 'Terms of Trade' between agriculture ancl
industry.
(5) What are the causes of Migration ?
4. Answer any one of the following questions in 500 words : l20l
(1) State and explain the nature and causes of regional imbalancc
in India.
(2) Explain the problems of Agricultural Marketing. What are the
remedies to solve this problems ?

Total No. of Questions-41 lTotal No. of Printed Pages-$
[3604]-301
M*A.. (Part II) (Third Semester) EXAMINATION, 2009
ECONO}fiCS
EC : 3G1 : Macro-Econornic Analysis-I
(JI.INE 2OO8 PATTERN)
Time : Three Hours Maximum Marks : 80
N.B.
(tt) Figures to the right indicate full marks.
UiD Answer should be precise and to the point.
1. Answer any one of the icrllowing questions in 500 words : 1201
(t) Explain the social accounting of National income.
{iD Compare classical approach and Keynesian liquidity preference
approach to the demand for money.
2. Ansrver any one of the following questions in 500 words : [20]
(t) Explain and evaluate the absolute income hypothesis and life
cycle hypothesis in consumption.
(iil critically examine Fisher's quantity theory of money.
3. Answer the following questions in 25O words each (any two) :
120)
(t) Explain the circular flow of income in two sector economy.
GD State the determinants of High Powered Money.
(iiil Explain ihe factcrs affecting marginal efficiency of capita!.
(iil what are the factors that determine rnoney supply ?
P.T.O.
4. Write short notes on (any four) :
(r) The accelerator
Gil Money multiplier
Qii) Investment multiplier
(iu) R.B.I. approach to money supply
(u) Liquidity trap
fui) Keynes' psychological law of consumption.

Totai No. of Questions-41 [Total No. of Printed Pages-3
[3604]-302
M.A. (Part II) (Third Semester) EXAMINATION, ,2009
ECONOMICS
EC : 3OZ Economics of Growth
(JUNE 2OO8 PATTERN)
Time : Three Hours
N.B. :-- (t) Attempt All questions"
Gi) Figur:ers to the r"ight indicate full marks.
ti,ii) Ansrn'ers should be precise and to the point.
1. Answer any one of the following questions in 500 words : [20]
(r) Explain the role of Capital, Labour and Technoiogyi'n the process
of economic grovrth.
(ii) State and exJrlain Ricardo's theor';r of eeonornic development.
2. Answer any one of t,he follolvrng questions in 500 r,vords : [201
(i) Flxplain Karl iVlarx's theoryr of economic grorvth.
(lt) Critically everluate Schurnpeter's theory of economic de.relopmcnt.
3" Answer the follorn'ing questions in 25A words each (any two) :
t20l
What is the contribution made bv J.S. Mill in develooment
of qrowth theories ?
(ii.) !)xp'iain Malthusian theory of economic development.
Uii) Wh:rt are the assumptions of Prof. Mead's Modei ?
Uu) Stat,e the assumptions of Mrs. .Ioan Robinson's Model.
Maximum Marks : 80
(r)
P.T.O.
4. Write short notes on (any four) : [20]
(r) Features of Economic Growth
Ui) Surph.rs value
(iii) Actuai Grou'th Rate and f{atural Growth Rate
(iu) Innovation
(u) Economic crisis
(ul) Distinction between Harrod and Domar Model.

Total No. of Qucstions-5l lTotal No. of Printed Pages--4
[36041-303A
M-A.. (Part II) (Third Semester) EXAMINATION, 2009
ECONOMICS
EC : 303 (B) Econometrics
(JUNE 2OO8 PATTERN)
Time : Three Hours Maximum Marks : 80
N.B. :- (r) Attempt All questions.
Gil Figures to the right indicate full marks.
(iiD Answers should be precise and to the point.
Uu) Use of calculator is allowed.
1. Answer any one of the following questions : t20I
(1) Find out the reduced form of the following National Income
Model :
. C, = cro + CI, (Yt Tr) (1)
\ = $rYr-r + FrR, Q)
Y r = C r + \ + G r ( 3 )
where the priori restrictions on the model are expressed by
0
where CrIt and Y, represent consumption, investment. National
income respectively and are current endogenous variables T'
R, and G, represent taxes on income, Government regulator
and Government expenditure respectively as current
exogenous variables and Yr_, is classified as lagged endogenous
variable.
[3604]-3034 P.T.O.
(2) Consider the identitiability of the following group of the
equations in terms of endogenous (Y), exogenouns (X) and error
variables (ru) :
ur = Y1 + orrXr + onXz + orgXs + ar+X+
u2 = bzrY, + Y2 + brrYs + aztXt + arrXt + azgXs
us = burY,_ + Yg + osrXr + at Xt
2. Answer any one of the following questions : t20l
(1) The study of the behaviour of sales of automobiles, over a
number of years, with a given models as follows :
Y , = 9 0 + 9 {
Y r = c t o + a { + a z t 2
where Y, = sales at time t and f = time, measured in years.
The first model postulates that sales is a linear function of
time, whereas the second model states that it is a quadratic
function of time.
(a.) Discuss the properties of these models.
(b) How would you decide between the two models ?
(c) In what situations will the quadratic model be
useful ?
(2) Find the auto-correlation coefficient for the series :
Y = 22, 25, 25, 24, 26, 25, 26, 27, 27, 27.
136041-303A
3. Answer the following questions (any two) : t20l
(1) Suppose you estimate the consumption function :
Y, = g1 + azXi + up
aqd the saving function :
Zi = 9r + lrXt + u2,
where Y = consumption, Z = savings, X = income and
X = Y + Z, that is income is equal to consumption plus savings.
Now show :
(a) What is the relationship between a2 and 9z ?
(b) Will the residual sum of squares RSS, be the same for
the two models ? Explain.
(2) Consider the following model :
Y _ ,Fr + BrXi
"
-
1 + nlt+lzxi'
As it stands, is this a linear regression model ? If not, how
can you made it a linear regression model ? How would you
interprete the resulting model ?
Write a detailed note on 'Multicollinearity'.
Explain the meaning of identification. Compare and contrast
the identification problems arising in regard to (1) supply-demand
model for an individual commodity and Q) simple saving
investment model of a whole economv.
4. Answer the following questions (any four) : (201
(1) If you have a monthly data over a number of years, how
many dummy variables will you introduce to test the following
hypothesis ?
(o) All the 12 months of the year exhibit seasonal patterns.
(b) Only February, April, June, August, October and December
exhibit seasonal patterns.
[3604]-303A 3
r3l
r4.t
P.T.O.
(2) Write a note on dummY variable.
(3) Explain Logit, Tobit models.
(4) Comment on Hypothesis testing in Multiple regression.
(5) State the meaning and importance of econmetrics, with its
limitations.
b. Given the assumptions in column 1 of the table given below, show
that the assumptions in column 2 are equivalent to them.
Assumptions of the classical model :
E ( u / X ;=) 0 E ( Y ' D ! ) = 9 2 + p r X
Cov(u/ur) = 0 i * i Cov(Y;, Y;) = 0 i * i
Yar(ur/X;) = o2 Var(Y,D(;) = 62
t36041-303A 4
Total No. of Questions-41 lTotal No. of Printed Pages-8
[3604]-303
M-A.. (Part II) (Third Semester) D(AMINATION' 2009
ECONOMICS
EC : 3OB (A) Research Methodolory
(JI]NE 2OO8 PATTERN)
Time : Three Hours Maximum Marks : 80
N.B. :- (r) Attempt All questions.
GD Figures to the right indicate full marks.
QiD Answers should be precise and to the point.
1. Answer any 9ne of the following questions in 500 words : [20]
(r) Briefly describe the different steps in a research process.
(iD Explain the different methods of collection of primary
data.
2. Answer any one of the following questions in 500 words ' t20l
(r) What is research design ? Explain steps involved in its preparation.
GD What is tabulation ? Why is tabulation considered essential
in research study ? Explain the characteristics of a good
table.
3. Answer the following questions in 25O words each (any two) :
t20l
(t) Explain the characteristics of good hypothesis.
OD What are the different sources of secondary data collection.
Giil Illustrate the different types of questionnaire.
(id Explain the advantages of observation technique.
P.T.O.
4. Write short notes in 100 words each (any four) : [20]
(t) Stages in Report writing
(ii) Use of Information Technolory in Research
(iii) Types of Sampling
(iu) Objectives of Social Research
(u) Measures of Central Tendency
(ui) Benefits of Social Research.

Total No. of Questions-41 lTotal No. of Printed Pages-3
[3604]-304
M-A,. (Part II) (Third Semester) EXAIIINATION, 2009
ECONOMICS
(Optional Paper)
EC : 904 Banking and Financial Institutions
(JI]NE 2OO8 COT]RSE)
Time : Three Hours Maximum Marks : 80
N.B. :- (t) Attempt All questions.
OD Figures to the right indicate full marks.
(ii} Answers should be precise and to the point.
1. Answer any one of the following questions in 500 words : [20]
(1) Explain the structure of the financial system in Indian Banking
Sector.
(2) Critically evaluate the performance of Commercial Banks in
India after 1969.
2. Answer any one of the following questions in 500 words : [20]
(1) Evaluate the functions and role of Small Industries Development
Bank of India (SIDBI).
(2) Explain the functions and working of International Monetary
Fund (IMF).
3. Answer the following questions in 250 words each (any two) :
t20l
(1) Explain equilibrium in Financial Markets.
P.T.O.
(2) Explain the structure and performance of co-operative Bank
in India.
(g) State and explain the nature and significance of Non-Banking
Financial Institution in India.
(4) Explain the role in development of International level of Eurodollar
and Euro-currency markets.
4. Write short notes on (anY four) :
(1) Indicators of Financial Development'
(2) Objectives of Monetary PolicY.
(3) TyPes of Mutual Funds.
Q) Life Insurance ComPanY.
(5) Function of the EXIM Bank'
(6) Foreign Direct Investment (FDI)'

Total No. of Questions-4l [Total No. of Printed Pages-.?
[36041-305
M-A- (Part ID Chird Semester) E)(AMINATION' 2mO
ECONONfiCS
EC : 3O6 \[elfare Economics
(JUNE 2(n8 PATTERI\T)
Time : Three Hours Maximum Marks : 80
N.B. 3- (t) Attempt All questions.
Gil Figures to the right indicate full marks.
GiD Answers should be precise and to the point.
l. Answer any onp of the following questions in 600 words : [20]
(r) What is Welfare Economics ? Explain Marshallian Welfare
Economics.
(tt) What is Pareto Optimality ? Explain optimum exchange
conditions.
2. Answer any onp of the following questions in 600 words : [20]
(t) Explain Kaldor and Hicks' contribution in welfare
economics.
(tr) Explain the cost-benefit analysis.
8. Answer the following questions in 260 words each (any two) :
l20l
(t) Explain Hicks' consumer surplus.
Gil Explain Anow's possibility theorem.
Oiil Explain the problems of public goods.
(iv) Distinguish between private and social costs.
P.T.O.
4. Write short notes in 100 words each (any four) : [20]
(r) Scitovsky double criterion
(iil Utility function of Individual
UiD Marginal cost pricing
(iu) Community indifference map
(u) External economies
@D Pigovian welfare economics.

Total No. of Questions-*4l lTotal No. of Printed Pages-8
[3604]-306
M-A- (Part II) (Third Semester) EIGLINATION, 20Og
ECONOMICS
EC : 8OG Economics of Finance
(JT]NE 2OO8 PATTERN)
Time : Three Hours Maximum Marks : 80
JV.B. :- (t) Attempt All questions.
Gil Figures to the right indicate full marks.
QiD Answer should be precise and to the point.
l. Answer the following questions in 500 words each (any one) :
t20l
(t) State the characteristics of securities. Explain the types and
regulations of securities.
(tr) What is effrcient market hypothesis ? Explain the forms of
efficient market hypothesis.
2, Answer the following questions in 600 words each (any one) :
t20l
(t) What is Derivative ? Explain the types of derivatives.
QD What is options market ? Explain the mechanics and types
of options.
3. Answer the following questions in detail with 260 words each
(any two) : [20]
(t) Explain the types of swaps.
QD Explain the fixed income securities.
Giil Explain the Arbitrage Pricing theory.
(iu) Explain the functions of SEBI.
P.T.O.
4. Write short notes on (any four) :
(t) Corporate securities
OD Stock market
UiD Financial sector participants
(iu) Hedgers
(u) Over-the-counter market
(ui) Net present value.

Total No. of Questions--41 lTotal No. of Printed Pages-3
[3604]-307
M-A. (Part II) (Third Semester) D(AMINATION, 2009
ECONONIICS
EC : 307 Economics of Environment
(Optional Paper)
(JUNE 2008 COURSE)
Time : Three Hours Maximum Marks : 80
N.B. :- (t) Attempt All questions.
(tt) Figures to the right indicate full marks.
(iii) Answers should be precise and to the point.
1. Answer any one of the following questions in 500 words : [20]
(r) 'Environmental development is correlated with sustainable
development', comment.
QD Explain in detail the effects of environment on human
lives.
2. Answer any one of the following questions in 500 words : [20]
(r) Discuss the effects of climatic change on global economy.
UD 'Environment education is essential in controlling pollution.'
Discuss.
8. Answer the follorving questions in 260 words each (any two) :
l20l
(t) Explain the benefrts of social forestry.
GD Discuss the policies for controlling water pollution in
India.
Giil Discuss the informal regulation of pollution control.
(iu) Discuss the contingent valuation method.
4. Write short notes in 100 words each (any four) ' t20l
(D Types of Environment
(iil Policies controlling air pollution in India
Giil Importance of Environmental Education
(iu) Environment and W.T.O.
(u) Macroeconomic policy and Environment
(ui) Physical capital and its effect on environment.

Total No. of Questions-4l [Total No. of Printed Pages-3
[36041-+
MA. (Part I) (Term-End) EXAMINATION, 2009
ECONONIICS
EC-7 : Industrial Economics
Time : Three Hours Maximum Marks : 60
N.B. :- (t) All questions are compulsory.
(ii) Figures to the right indicate full marks.
(iiil Answer should be precise and to the point.
1. Answer the following questions in 20 words each (any seuen) : [1a]
(1) Define Industrial Economics.
(2) What is Integration ?
(3) What is Diversifrcation of Firm ?
(4) Defrne Industrial Combination.
(5) Defrne Merger.
(6) What is meant by Industrial Monopoly ?
Q) What is Industrial Location ?
(8) What is Price Discrimination ?
(9) Define Industrial Productivity.
(10) Define Small Scale Industry.
P.T.O.
2. Answer the following questions in 50 words each (any tu;o) : [8]
(1) Explain the scope of Industrial Economics.
(2) Explain the importance of industrial combination.
(3) State the factors affecting industrial location.
(4) State the different product pricing techniques.
3. Answer the following questions in 150 words each (any three) : [18]
(1) Explain in detail the concept of imitative pricing.
(2) State and explain the objectives of firm.
(3) Discuss the price policy of Public Sector Units.
(4) Explain the constraints on Industrial growth.
(5) State and explain the significance of Industrial Economics.
4. Answer any one of the following questions in 500 words : [20]
(1) Discuss in detail the factors affecting industrial productivity.
(2) Critically examine the Weber's theory of Industrial Location.

Total No. of Questions-41 tTotal No. of Printed Pages--4
[3604]-5
M-A- (Part I) (Ternn-End) DWIINATION, 20Og
ECONOMICS
(EC-OB : Labour Economics)
fime : Tlrree Hours Maximum Marks : 60
N,B. (t) All questions aro compulsory.
(ii) Figures to the right indicate fuil marks.
(iii) Answers should be precise and to the point.
1. Answer the following questions in 20 words each (any seven) : [14]
(1) \Yhat is meant by labour market ?
Q) What is supply of labour ?
(3) Define the concept of inflation.
(4') What is Globalisation ?
(5) What is money wage ?
(6) Define unemployment.
(7) Define Bonus.
(8) State the two determinants of demand for labour.
(9) When is Poverty ?
(10) Define fair wage.
2. Answer the following questions in 60 words each (any two) : l8l
(1) Explain the nature of unemployment of developing eountries.
P.T.O.
.(2) What are the characteristics of Indian labour market ?
(S) Discuss the need of minimum wage.
(4) State the irnportance of Bonus system.
8. Answer the following questions in 150 rvords each (any three) : [18]
(1) fJiscuss the effeets of technological change on employment.
(2) What are the measures to improve productivity of labour ?
(S) Discuss the provisions of Payment of Bonus Act, 1965.
t4) Describe the Marginal Productivity Theory of Wage.
(5) Explain the rnethods used for iabour recruitment in India.
4. Answer any one of the following questioris in 600 words : [20]
.
(1) Describe the Indian National Wage Policy.
(2) Diseuss the problems related to labour markets in India and
suggest the measures to improve it"

Total No. of Questions4+4] [Total No. of Printed Pages-8
[3604]-6
M*A- (Part D (Term-End) E)(ALINATION, 2009
ECONOMICS
(EC-12 : Quantitative Methods)
Time : Three Hours Maximum Marks : 60
N.B. :- (r) Attempt A/l questions.
GD Figures to the right indicate full marks.
Qiil Answers should be precise and to the point.
(iu) Draw neat diagrams wherever necessary.
(u) Use of non-programmable calculator is allowed.
l. Attempt any seuen out of ten : [14]
(1) Find :
Hm [rB (r + +)]
x,--->2 L
(2) Differentiate w.r.t. 'x' :
1.018- - 6x7
Y - -z*
(3) Defrne 'function'.
(4) Condense :
*3
* * '
*3' Y3
"3
'
P.T.O.
(5) What is 'Final Demand' in I-O analysis ?
(6) Find the equilibrium quantity and price :
Q " = - 2 O + 3 P
Qa = 220 5P
g) Find the first order partial derivative :
z = g*2 + 14xy + 5y2.
(8) What is a universal set ?
(9) Define 'scalar matrix'.
(10) What is a 'duality' ?
2. Attempt any two out of four : [8]
(1) Given AR = 60 - 3Q. Plot the Average Revenue Curve and
MR (Marginal Revenue Cunre).
(2) A man bought 4 cows and 12 goats for Rs. 1,600. He sold
the cows at a profit of tSVo and the goats at the profit of
20Vo; and made a profit of Rs. 270. What did each cow and
goat cost him ?
(3) Write a note on Linear ProgSamming.
@) If :
^ [s 21 la bl
e = l, . , 1 B, = l o I
L= ^J L- 5J
Find 'a' and 'b' such that AB = BA.
t36041-6 2
. J
3. Attempt any three out of five : [18]
(1) Explain the concept of Input-Output model.
(2) Among all pairs of positive numbers with sum 24. Find those
whose product is maximum.
(3) Show that for the Total Cost Function :
, = J i * + 6 ,
where 'a' and 'b' are positive constants, the elasticity of TC
increases but remains less than unity as x increases.
(4) Prove that :
r
I o abz "r'1
lo'u o urz l=?nTbTc\
t l
lozt bzc o I
L J
(5) Given demand function D = 10 6P and supply function
S = 4 P 5 . F i n d :
(a) Equilibrium price.
(b) Equilibrium quantities demanded and supplied.
4. Attempt any one out of two : [20]
(1) Use Cramer's rule bnd solve the following equations :
(a) 3tt zx7 = L1
2x1 + ec2 = t2
(b) 6*t + 9*z = 15
7*t 3*2 = 4.
For each of the equation systems, find the inverse of the
coefficient matrix and get the solution by formula X = A-1d.
136041-6 3 P.T.O.
(D The total cost (in Rs.) of producing r hundred units in a company
is given by :
C (r) = rg 5x2 + Lor.
Find the expression for marginai average cost. Interprete the
marginal average cost at a production level of 400 units.
' Also show that the maximum value of the function Z, + !2x
is less than its minimum value.
l36Ml-6 4
[3604]-6
(EC-09 : Quantitative Methods)
Time : Three Hours Maximum Marks : 60
N.B. :- (t) Attempt All questions.
(iil Figures to the right indicate full marks.
{iiil Answers should be precise and to the point.
(iu) Use of calculator is allowed.
(u) Draw neat diagrams wherever necessary.
1. Answer the following (any seuen) : [14]
(1) Obtain the derivatives of :
( o ) 1 + ' 2 n 2 + 3 x 4
(b) (r +
")3.
(2) Solve :
@) s.frb * b&b
(b) 4VidB*z ?12r .
(3) Define null matrix.
(4) What is Saddle point ?
(5) Integrate :
(o) x2 6x
(b) xg x2 + x,
136041-6 5 P.T.O.
(6) What is linearitY ?
(7) Define rational function.
(8) Find :
lin f" (r++)].
x->4 L
(9) Evaluate :
(10) What do You mean bY function ?
2. Answer the following (any two) : [8]
(1) ! = x2 - x *6. Find the values for'y'when 'r'varies successively
from -3 to +4 in steP of one'
(2) A firm has the following marginal cost function MC = r + 100,
where ,r' is the number of units produced. Determine the total
cost (TC) function if TC = Rs' 40'000' when x = 100'
(3) The total revenue (TR) from sale of 'r' is given by the equation
fi, = 100q - W2. Calculate the point of elasticity of demand
when marginal revenue is 20'
(4) Find the differential of :
,=E"r*rr.
4 . t
f Z x ' + x ,
| -qfi
J x - l
2
t36041-6
8. Answer the following (arry three)
tlgl
(1) ' Minimise costs of a firm with the cost function :
C = 5x2 + 2xy + By2 + 1000,
subject to the production quota x + y = gg.
(2) Given e = 4 0 0 _ g p + 0 . 0Ey ,wh e r e p =l E a n d y = 1 2 , 0 0 0 .
Find the income elasticity of demand, also frnd the growth
potentiar of the product if income is expanding by *vo p.a.
(3) The average cost functions (Ac) for certain commodity is given
by AC= 2x-r*50 in tenms of output r. Find the outputs
for which AC i, trr."u"sing and the outputs for which Ac is
decreasing, with increasing output. Find also the Totar cost
OC) and Marginal Cost as functions, of output x.
@) \4lhat are the limits as x --, oo of the functions.
x + 7
@)
(b)
3 r - 1
2x+1
r - l
(, c\ / -7" x 2 + x - 2
gsz - a x l l
2*2+ Br + I @)
-*_ _
Bro -4x+l
(5) Ttre utility function of a consumer is U = 6ry, where I andy
are the quantities consumed of two goods. Ttre price of r is
5 per unit and that of y is r0 per unit. If total expenditure
is limited to r00, what is the maximum varue of ti" ?
t30o+16
P.T.O.
4. Answer the following (any one) : [20]
(1) If :
['o | 21
e , = l t z B l
t l
L 3 1 U
verify that A. (adj A) = | A | .I when I is the unit matrix
of order 3.
(Z) Explain fully the structure of an open Input-Output model.
Give suitable examPles.
t36041-6 8
l
Tptal No. of Questions--4] [Total No. of Printed Pages--4
[3604f-7
M-A. (Part I) (Term-End) EXALINATION, 2009
ECONONfiCS
(EC-10 : Eeonometrics)
Time : Three Hours Maximum Marks : 60
.lV.B. :- (t) Attempt All questions.
UD Figures to the right indicate full marks.
Giil Answers should be precise and to the point.
(iu) Draw neat diagrams wherever necessary.
(u) Use of calculators is allowed.
l. Answer the following (any seuen) : [14]
(1) What is 'Adjusted F,2' ?
(2) State any tuo properties of OLS residuals.
(3) State the meaning of 'Exact multicollinearit/.
(4) State two properties of multivariate normal distribution.
(5) Define ARIMA.
(6) Define Variance'.
g) What is maximum likelihood estimation ?
(8) Define Logit model.
(9) What do you mean by 'Hypothesis Testingi ?
(10) Define and draw 'scatter diagram'.
P.T.O.
2. Answer the following (any two) :
(1) Prove that :
' 1 =2 l - 4
2y'
where e= y-; and >y? =ri? *>r! .
(2) Write a note on Dummy dependent variable.
(3) Explain definition, nature and scope of Econometrics.
(4) Explain Koyack approach to infinite lag models.
8. Answer the following (any three) : tlgl
(1) Given ' j
f r = 0 . 8 b y o r = g
Y = 0 ' 8 9 x
Find out 'or' and 'r'.
(2) Bring out the important features of :
@) Statistical errors.
(b) Biased and unbiased errors.
(3) Write a detailed note on properties of OLS.
ts604l-? 2
j
l8I
I
(4) From the following data, compute coefifrcient of determination
(r2) and price elasticity of demand :
Quantitv
@
76
52
56
57
77
58
55
67
53
72
M
09
L2
10
11
(5) Interprete the results of the following regression equation :
Yr = -19194 + 0.1984X l + 0.10X 2
s.E. = (0.19) (0.03)
g2 = 0.950, a = 2.64
All notations are conventional.
t36041-7 3 P.T.O.
Answer the following (any one) : t20l
(1) Describe the various methods of fitting straight line trend.
(2) The following table gives the production of steel in different
years at a steel factory. Find out the equation y = a . rbt
expressing the relationship between production and year.
Years Pnoduction
('000 tons)
1960
1961
L962
1963
tgu
1965
1966
L967
1968
1969
1970
LO.2
12.0
13.9
15.9
t7.9
20.L
22.7
26.0
29.0
32.5
36.1
t36041-7 4
Total No. of Questions-4] lTotal No. of Printed Pages-3
[3604]-8
M.A. (Part I) (Term-End) EXAMINATION, 20Og
ECONON/IICS
(EC-11 : Demography)
Time : Three flours Maximum Marks : 60
N.B. :- (t) AttempL All questions.
Ui) Figures to the right indicate full marks.
(iiil Answer should be precise and to the point.
1. Answer the following questions in 20 words each (any seuen) : [14]
(r) Define 'Fertility'.
UD Define 'Death Rate'.
(iii) What is Infant mortality rate ?
(iu) Define "Population Explosion'.
(u) Define 'Demography'.
(ui) What is Gross Reproduction Rate ?
(uii) What is meant by 'Structure of Population ?
(uiii) State two social factors affecting fertility.
Ux) What is meant by 'Optimum Population' ?
(r) State two determinants of age and sex structure.
2. Answer the following questions in 50 words each (any two) : [8]
(i) What are the sources of collecting population data ?

(ii) Statc thc cqmponents of popuiation growth.
(iii) State the causes of population explosion.

(iv) State the social implications of age stmcture ot. population.

(v)Answer thc tbllowing questions in 150 word-. each (any thr.ee) : [1g]
(vi) State and cxplain the demographic features of less cleveioped
countries.

(vii) Explain the economic factors affecting the fertility.

(viii) What factors are responsible for high mortality at Birth in
LDCs.
(ix) Writc a note cn 'Demographic lransition'.
(x) Explain thc nature and scope of 'f)emography',
4. Answer any or?.e of the foliowing questions in 500 rvords : t20]

(i) State and crplain the pattern of age ancl sex srructure in
less dcvelt'pcd countries like India.
(ii) Critically cxamine the Malthus theory of population.

Totat No. of Questions-4] lTotal No. of Printed Pages-3
[3604]-9
M.A. (Part II) (Term-End) D(AMINATION' 2009
ECONOMICS
(EC-4 : Macro-economic Analysis)
Time : Three Hours Maximum Marks : 60
lV.B. :- (r) Attempt All questions.
(iD Figures to the right indicate full marks.
(iii) Answer should be precise and to the points.
1. Answer the following questions in 20 words each (any seuen) : [14]
(1) What are the components of social accounting ?
(2) State the items of Government Account in social accounting.
(3) State two assumptions of Keynesian Psychological law of
Consumption.
(4) What is Absolute Income Hypothesis ?
(5) Define Marginal Efficiency Capital.
(6) What do you mean by induced investment ?
(7) State two assumptions of accelerator.
(8) What is high-powered money ?
(9) State two limitations of Bank Rate Policy.
(10) What is permanant income hypothesis ?
2. Answer the following questions in 60 words each (any two) : [8]
(1) Explain the nature of circular flow of income in three sector
economy.
(2) Explain the life cycle hypothesis of consumption.
(3) State the relation between marginal efficiency of capital and
marginal efliciency of investment.
(4) Explain the objectives of selective credit controls.
8. Answer the following questions in L60 words each (any three) : [18]
(1) Explain the importance of social accounting.
(2) Explain input-output accounting of National Income.
(3) Discuss the relation between money supply and high-powered
money.
(4) Explain the determinants of high-powered money.
(5) Distinguish between quantitative and selective credit controls.
4. Answer any one of the following questions in 500 words ' t20l
(1) What differences are generally noticed between the short-run
and long-run behaviour of the consumption function ? How
do you explain these differences ?
(2) Explain the multiplier-accelerator interact and grve its uses
in business cycle.