Gauhati University Question Papers for Economics 2nd Semester
Gauhati University Question Papers for Economics 2nd Semester
Question Paper from 2010 available
More than 50 question papers every semester
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Paper 101
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Paper 102
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More than 50 question papers every semester
M 204 MICROECONOMICS II
Unit 1:
MARKET STRUCTURE
Perfect
Competition: Features; Equilibrium of a
Firm and Industry; Price Determination;
Derivation
of the Supply Curves of Firm and Industry;
Monopoly:
Features; Price-Output Determination; Price Discrimination- Meaning and
conditions; Price and Output under Market Segmentation; MR, Output, Profit and
Consumer’s Surplus under different Degrees of Price Discrimination; Comparison
between Monopoly Equilibrium and Equilibrium of a Competitive Firm.
Monopolistic
Competition: Features; Product Differentiation; Perceived and Proportionate
Demand
Curves; Price- Output Determination; Excess Capacity.
Unit 2:
THEORY OF DISTRIBUTION
Personal
versus Functional Distribution; Marginal Productivity Theory of Distribution;
Wage
Determination
under Perfect Competition and Imperfect Competition: Monopoly, Monopsony and
Bilateral Monopoly; Collective Bargaining;
Rent:
Differential Surplus Approach; Modern Theory of Rent; Quasi Rent; Profit:
Economic
Profit;
Gross and Net Profits; Innovation Theory: Risk and Uncertainty Bearing Theory.
Unit 3:
WELFARE ECONOMICS
Basic
issues of Welfare Economics; Old Welfare Economics (Pigouvian), Pareto
Optimality;
Compensation
Principle (ideas only)
Unit 4:
FINANCIAL MICROECONOMICS
Pay Back
Period, Average Rate of Return, Net Present Value, Internal Rate of Return,
M 205
MACROECONOMICS-I1
Unit 1:
GOODS AND MONEY MARKET EQUILIBRIUM:
Liquidity
Preference and the rate of interest:
Interaction between the rate of interest
and income: the IS-LM framework, Policy implications in IS-LM framework.
Unit 2:
BUSINESS CYCLE:
Meaning,
Phases, Characteristics; Theories of Business Cycle –Hawtrey’s Monetary Theory
,
Hicks’s
Multiplier –Accelerator Interaction Theory;
.
Unit 3:
QUANTITY THEORY OF MONEY:
Transaction
Approach, Cash Balance Approach, Keynes reformulation of the Quantity
Theory of
Money.
Unit
4: INFLATION:
Meaning
and Impact, Theories of Inflation- Demand pull (Keynesian and Monetarist), Cost
Push;
Structural Theories of Inflation-Inflation in developing countries.
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