Pros & Cons of Capitalism: Supply, Time, Equilibrium, Growth, Unemployment, Money Control,, Exams of Economics

Download Pros & Cons of Capitalism: Supply, Time, Equilibrium, Growth, Unemployment, Money Control, and more Exams Economics in PDF only on Docsity! INTRODUCTION TO ECONOMICS AND FINANCE (MARKS 100) Module A (3 hours) Q.1 Briefly describe the merits and demerits of capitalism. (07) Q.2 Elaborate the relationship between supply and time with the help of diagram. (06) Q.3 Describe the different ways in which a product may be differentiated. (05) Q.4 Explain the short and long run equilibrium of a firm under monopolistic competition with the help of diagrams. (10) Q.5 Explain the law of diminishing returns giving suitable example and diagram. Under what circumstances does the law operate? (09) Q.6 What is meant by division of labour? Explain the different forms of division of labour. (06) Q.7 Describe the factors that affect the level of consumption and savings in an economy. (06) Q.8 Elucidate the meaning and phases of business cycle. (07) Q.9 (a) Discuss the factors that have an adverse effect on the economic growth of a country. (06) (b) Briefly describe the various types of unemployment. (04) Q.10 (a) What are the tools available to the central bank of a country for controlling the supply of money in the economy? (06) (b) Briefly explain the factors that influence change in foreign exchange rates. (06) Q.11 (a) What is meant by credit money? (02) (b) Discuss the advantages and disadvantages of using paper money. (08) Q.12 (a) What do you understand by capital market? (03) (b) Briefly describe the role of capital markets in any country. (03) (c) Give a brief description of any six instrument of capital market. (06) (THE END) docsity.com