ECO401 Fall 2011 Final Term Feb 2012 – VU Current Paper

Q1=Difference between cyclical unemployment and technological unemployment. 3 marks
Q2= Explain the slope of money supply with help of daigram. 5 marks
Q3Differece btw cardinal and ordinal approach of utility? 3 marks
Q4=Explain Engal curve for normal commodity with the help of daigram. 5 marks
Q5=Explain the growth through trade strategy.why it is fail 5 marks
Q6=1 table diya hua tha jis ma gdp find krna tha.5 marks
all are mcq’s which are not 4rm past paper.so plz prepare whole buk as wel as the past paper too.
total question:64
MCQs: 56/64
kch kch from Past pprs

short Qs
equilibrium point nakal k quantity demanded n quantity suppplied nikalni thi

wat is BOP??

MM calculate krna tha….

diffrence b/w demand pull and cost pull inflation??

on wat basis countries gain from trade??

aik Q tha GNP n NNP find krna tha…

isocost and budget line……

Total questions = 64
Total mcq’s = 56

Short questions of 3 marks;

Define the relationship between monopoly and price elasticity of demand?
Explain concept of accelerator in your own words?
Differentiate actual and potential GDP?
Define money supply curve with the help of diagram?

Long questions of 5 marks;

Define Philips curve with the help of diagram.
Balance sheet of UBL bank and calculation of money multiplier.
Price of margarine is increase, what would be the effect of demand and supply curve on the butter, explain with the help of diagram.
Calculation question in which NNP and GNP was required.