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Eco 401 Current Final Term Papers Fall 2011 ( 03 Feb to 16 Feb 2012 )

Current Final Term Fall 2011 Papers, Feb 2012 Final Term Papers, Final Term Fall 2011 Papers, Solved Papers, Solved Past Papers, Solved MCQs

 

Please Share your Current Papers Questions/Pattern here to help each other. Thanks

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Please Share your Current Papers Questions/Pattern here to help each other. Thanks

 Today 9-2-2012 Thursday 02:00PM Eco1 paper

the paper was of 69 Questions

62 were MCQs

3 Questions of 3 marks

4 Questions of 5 marks

Mcqs were almost new and a bit complicated but one thing that was very good about 75 percent paper was from the remaining half portion 

long questions of 5 marks

1) Quantity theory of money you have to find the missing value like

M=100, P=4, Q=200.

2) comparative advantage of production of cotton and food in UK and USA

3) relation between income and demand for a normal good.

4) Exogenous growth theory implications

short questions of 3 marks

1) how govt mange budget deficit 

2) what is the impact of increase in money supply on output

3) international trade. 

 

my to day paper 8.00am

62 mc quiz and short question 3+3 and long question 5+5+5+5

short question multiplier method ke the jo mujhe nai aate the mujhe yaad bi nai hain

5 number ka question shortage and surplusfind karin
qd =200-.090p
Qs =100+10p
price change the orange =3.00

5number international trade advantages, USA and UK
table show ki gi thi
USA product cotton 60unit
USA product food 40unit

UK product cotton 40 unit
UK food 20 unit

B) show the diagram of trade between US AND UK?

3number or 5 number
poor countries poor determinant? explain reason

5) number economy stabilization ke bary mein tha

gud work umar

Today Paper by Neha Majid     11 am

short question 3+3 and long question 5+5+5+5

subj and obj mostly from past

long questions jo yad hy

cost oppurtunity
devalution firm
firm ki equation
 LM downword q hoti h

My Today ECO401 paper consist of 69 Qs.
there were 4 Qs of 5 Marks each.
and 3 to 5 Qs of 3 Marks
 
Long Qs were like
Q69. Two products and per year units production were given at USA and UK. You had to find 1 unit opportunity cost at UK.
 
Q68. A graph of monopolistic firm was given showing a demand curve just crossing two parboilic curves above. one curve was AC and the other one was AVC. You had to explain the diagram.
 
Q67. Define the current account and capital accounts.
 
Q66. There was question where a function of expenditure was given like =500+0.9Y and government expenditure =300 import-=150 export=250 and tax collecton was 250. find ???? i dont remeber
 
Q65. BAs oor yad nahi. Objectives were from old papers and were easy.

ECO401- 8 february 2012 

There were total 69 questions. 62 MCQs n rest of the questions are here: 

1-Discuss the concept of accelerator in your own words.
2-Differentiate between international trade and international finance.
3-If MPC = 0.84 and tax rate = 0.27 then find out the value of tax-adjusted multiplier.
4-How can a current account, which is in deficit, be restored to balance under fixed exchange rate regimes?
5-State the law of diminishing marginal returns in terms of labor and land.
When does the law of diminishing marginal returns begin to operate? What is its cause? Why may it start only after some quantity of labor is employed? 

6-Differentiate between transaction motive and precautionary motive of holding money.
7-From the given information, calculate the multiplier for each level of marginal propensity to save (MPS). 

MPS
0
0.4
0.6
1
1.4

B) show the diagram of trade between US AND UK?
3number or 5 number
poor countries poor determinant? explain reason
5) number economy stabilization ke bary mein tha

Q69. Two products and per year units production were given at USA and UK. You had to find 1 unit opportunity cost at UK.

Q68. A graph of monopolistic firm was given showing a demand curve just crossing two parboilic curves above. one curve was AC and the other one was AVC. You had to explain the diagram.

Q67. Define the current account and capital accounts.

Q66. There was question where a function of expenditure was given like =500+0.9Y and government expenditure =300 import-=150 export=250 and tax collecton was 250. find ???? i dont remeber

cost oppurtunity
devalution firm
firm ki equation
LM downword q hoti h

aj 2 bjy paper tha.
Objective was 50% from past paper.... mid se demand n supply must a raha hai..
Subjective:
1. Prepare Balance Sheet.. values di hui thein, bas Assets and liabilities ki form main likhni thi.. 5
2. drive formula y= ka (a =alpha) 
3. Drive Budget line equation and its 2nd part was write what factors shift budget line 5
4. AD and 45* line walay jo 2 graph hain.. unka effect pocha tha k agar Govt Expenditure increase ho jay to kia effect parhyga AD lne pe n E line pe. 5
5. why LM shift downward? 3
6. aik statement thi k saving long run main growth bharati hain.. if this statement is true then why people dont save ? 3

ECO401 Latest Final Term Paper

short question 3+3
long question 5+5+5+5
subjective and objective mostly from past paper
long questions.
cost oppurtunity.
devalution firm.
firm ki equation.. 
LM downword ku hoti h...

ECO401 Fall 2011 Final Term 10 Feb 2012

ECO401 Fall 2011 Final Term 10 Feb 2012 – VU Current Paper

1) why countries have competitive advantage? explain with Ricard's theory. 3
2)what are the assumptions of exogenous growth theory ? 3
3)define balance of payment . How the BOP can be determined ? 3
4)Explain the equilibrium condition in money market with the help of diagram ? 5
5)give the following production for a hypothetical economy Y = k a L1a
here Y is a output , K is for capital ( veges , cost , etc ) , L denotes labor , a is a parameter that is lies between 0and 1.drive the pet capita production Y = Ka. 5
6)sea the statements and tell which of them is/are fixed cost and which is /are the variable cost? 5
a)the cost of labor
b)the fee paid to an advertising agency
c)wear and tear on machinery
d)salaries of permanent employees
e)electricity for light
7)define investment demand curve . Explain it with diagram. 5
An other paper is
1)Explain the shape of ellipse curve with the help of diagram .5
2)calculate MU at each level .5
3)what are the long run implication of exogenous growth? discuss 5
4)Discuss the components on the assets & liabilities side of the balance sheet of a central bank?5
5)identify the factors on which country's import depends ?3
6)how the central bank plays its role in order to control the activities of commercial? 3
7)briefly discuss the concept of Pareto efficiency ? 3

5 number of question shortage and surplus find 
qd =200-.090p
Qs =100+10p
price change the orange =3.00
5number international trade advantages, USA and UK
table show 
USA product cotton 60unit
USA product food 40unit
UK product cotton 40 unit
UK food 20 unit
B) show the diagram of trade between US AND UK?
3number or 5 number
poor countries poor determinant? explain reason
5) number economy stabilization ke bary mein tha
Q69. Two products and per year units production were given at USA and UK. You had to find 1 unit opportunity cost at UK.

Q68. A graph of monopolistic firm was given showing a demand curve just crossing two parboilic curves above. one curve was AC and the other one was AVC. You had to explain the diagram.

Q67. Define the current account and capital accounts.

Q66. There was question where a function of expenditure was given like =500+0.9Y and government expenditure =300 import-=150 export=250 and tax collection was 250
Q65. BAs Objectives were from old papers and were easy.

Question =Explain what will happen in a country if a) Domestic interest rate > Foreign interest rate + Expected depreciation b) Domestic interest rate < Foreign interest rate + Expected depreciation=Marks: 2.5+2.5)
Domestic interest rate > Foreign interest rate + Expected depreciation

if domestic interest rate is higher than foreign interest rate + expected depreciation then imported can be increased bit it would effect the export on the other end where domestic products would be more expensive for other countries to import .Accordingly the increased interest rates will give a boost the banking business but it would effect the investors who would be paying more fir their investment in comparison of direct investment in other countries

(b) Domestic interest rate < Foreign interest rate + Expected depreciation
in this case the imports would effect the spending and it would be more expensive to import .. investors would not be able for direct investment because it would cost more than local investment . taking loans from foreign would be costly .. more exports can be done under such condition
...

Question =Recall the equation of quantity theory of money and calculate the missing figure in each of the following cases:5mks a) Money supply (M) = 200, velocity of money (V) = 7 and output (Q) = 700. Calculate the missing figure. b) Money supply (M) =150, velocity of money (V) = 8, Price level (P) = 3. Calculate the missing value. (Marks: 2.5 each)
solutiuon =Money supply (M) = 200, velocity of money (V) = 7 and output (Q) = 700. Calculate the missing figure.

as MT=PV
so 200x7 = 700x P
p = Rs 2 ans
b) Money supply (M) =150, velocity of money (V) = 8, Price level (P) = 3. Calculate the missing value

MT=PV
150X8= 3XT
T = 400 ans
Question = Ahmad, a careful maximizer of utility, consumes only two goods butter and potato. Use the indifference curve analysis to show the optimum point of consumption for Ahmad. At which point Ahmad will be equilibrium?
Solution =
Question = Differentiate between transaction motive and precautionary motive of holding money.5 mks
Solution-transaction motive is for holding the money foe daily consumption and meting daily requirement .
precautionary motive is to holding money for meeting any emergency or insurgency .. here money is saved to meet in case of emergency...
Question = If MPC = 0.84 and tax rate = 0.27 then find out the value of tax-adjusted multiplier 5 mks
Question = Suppose an economy is characterized by the following equation: Consumption = 500 + 0.90Y Government expenditures = 300 Investment = 200 Imports = 150 Exports = 250 If taxes are 250.find saving level using injections-leakage approach. 3mks
Question = How the central bank plays its role in order to control the activities of commercial banks? 3mks

1) why countries have competitive advantage? explain with Ricardo's theory. 3

2)what are the assumptions of exogenous growth theory ? 3

3)define balance of payment . How the BOP can be determined ? 3

4)Explain the equilibrium condition in money market with the help of diagram ? 5

5)give the following production for a hypothetical economy   Y = k a  L1a

       here Y is a output , K is for capital ( veges , cost , etc ) , L denotes labor , a is a parameter that is lies between 0and 1.drive the pet capita production Y = Ka. 5

  6)sea the statements and tell which of them is/are  fixed cost and which is /are the variable cost? 5

a)the cost of labor 

b)the fee paid to an advertising agency

c)wear and tear on machinery

d)salaries of permanent employees

e)electricity for light

7)define investment demand curve . Explain it with diagram. 5

  An other paper is

1)Explain the shape of philips curve with the help of diagram .5

2)calculate MU at each level .5

3)what are the long run implication of exogenous growth? discuss 5

4)Discuss the components on the assets & liabilities side of the balance sheet of a central bank?5

5)identify the factors on which country's import depends ?3

6)how the central bank plays its role in order to control the  activities of commercial? 3

7)briefly discuss the concept of pareto efficiency ? 3

5 number ka question shortage and surplusfind karin
qd =200-.090p
Qs =100+10p
price change the orange =3.00

5number international trade advantages, USA and UK 
table show ki gi thi 
USA product cotton 60unit 
USA product food 40unit

UK product cotton 40 unit 
UK food 20 unit

B) show the diagram of trade between US AND UK?

3number or 5 number
poor countries poor determinant? explain reason

5) number economy stabilization ke bary mein tha

Q69. Two products and per year units production were given at USA and UK. You had to find 1 unit opportunity cost at UK.

 

Q68. A graph of monopolistic firm was given showing a demand curve just crossing two parboilic curves above. one curve was AC and the other one was AVC. You had to explain the diagram.

 

Q67. Define the current account and capital accounts.

 

Q66. There was question where a function of expenditure was given like =500+0.9Y and government expenditure =300 import-=150 export=250 and tax collecton was 250 

Q65. BAs oor yad nahi. Objectives were from old papers and were easy.


Question =Explain what will happen in a country if:( a) Domestic interest rate > Foreign interest rate + Expected depreciation b) Domestic interest rate < Foreign interest rate + Expected depreciation=Marks: 2.5+2.5)

Domestic interest rate > Foreign interest rate + Expected depreciation

 

if domestic interest rate is higher than foriign interest rate + expected depreciation then importes can be increased bt it would effect the export on the other end where domestic products would be more expensive for other countries to import .Accordingly  the increased interest rates will give a boost the banking business but it would effect the investors who would be paying more fir their investment in comparison of direct investment in other countries

 

(b)    Domestic interest rate < Foreign interest rate + Expected depreciation

in this case the imports would effect the spending and it would be more expensive to import .. investors would not be able for direct investment because it would cost more than local investment . taking loans from foreign would be coostly .. more exports can be done under such condition 

...

Question =Recall the equation of quantity theory of money and calculate the missing figure in each of the following cases:5mks a) Money supply (M) = 200, velocity of money (V) = 7 and output (Q) = 700. Calculate the missing figure. b) Money supply (M) =150, velocity of money (V) = 8, Price level (P) = 3. Calculate the missing value. (Marks: 2.5 each)

solutiuon =Money supply (M) = 200, velocity of money (V) = 7 and output (Q) = 700. Calculate the missing figure.

as MT=PV
so 200x7 = 700x P
p = Rs 2 ans
b)     Money supply (M) =150, velocity of money (V) = 8, Price level (P) = 3. Calculate the missing value

MT=PV
150X8= 3XT
T = 400 ans

Question = Ahmad, a careful maximizer of utility, consumes only two goods butter and potato. Use the indifference curve analysis to show the optimum point of consumption for Ahmad. At which point Ahmad will be equilibrium?

Solution =

Question = Differentiate between transaction motive and precautionary motive of holding money.5 mks

Solution-tarnsaction motive is for holding the money foe daily consumption and meting daily requirement .
precautionray motive is to holding money for meeting any emergency or insurgency .. here money is saved to meet in case of emergency...

Question = If MPC = 0.84 and tax rate = 0.27 then find out the value of tax-adjusted multiplier 5 mks

Question = Suppose an economy is characterized by the following equation: Consumption = 500 + 0.90Y Government expenditures = 300 Investment = 200 Imports = 150 Exports = 250 If taxes are 250.find saving level using injections-leakage approach. 3mks

Question = How the central bank plays its role in order to control the activities of commercial banks? 3mks

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