Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
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Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
MCQs = 56 Questions= 8
Q1: Differentiate between Mo, M1 and M2 components of money supply. (3 marks)
Q2:Difference between Real Exchange Rate and Nominal Exchange Rate. ( 3 marks)
Q3:When Real wage unemployment Occur? Discuss. (3 marks)
Q4:What are the sources of borrowing ,By which Govt. can remove the fiscal deficit? (3 marks)
Q5:Differentiate between 2nd degree price discrimination and 3rd degree price discrimination. (5 marks)
Q6:Differentiate between frictional unemployment and structural unemployment. (5 marks)
Q7:Why could world on the whole not have current account deficit? discuss( 5 marks)
Q8: Why there is Always uncertainty in consumer behavior?? Discuss (5 marks)
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
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
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
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.
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
totol question 64
objective 56
what is current account and how to reduce deficit
what is LP curve and make the diagram
what is equilibrium reasons in the compitation & monoplists
define marginal curve in the monobilists
what countries are poor and what are the causes of pooreness
remainning 2 question of also from last chpters
and majority of mcqs from last chpter and marginal consumption
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
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
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
total 64 questions....
56 mcqs.... just 3 r 4 from old papers......
1. assumptions of exogenous theory? (3)
2. steady trade growth? (3)
3. money demand curve? (3)
4. numerical of mps? (5)
5. cerrent account deficit? (5)
6. question about inferior n normal goods? (3)
7. vertical and horizontal demand curve? (5)
8. mean and median find kerna tha? (5)
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
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...
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
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
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
1. Differentiate between ignorance and irrationality with respect to rational decision making.
2. Differentiate between real GDP and nominal GDP.
3. At what point the equilibrium occurs in the foreign exchange market?
4. By how many ways a government can finance it's fiscal deficit?
5. Briefly discuss different types of taxes which a government can impose.
6. Why could the world as a whole could not experience a problem of a current account balance of payment deficit?
There were two more five marks questions, one about Injections
calculation and other was about revenues.
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
MCQs = 56 Questions= 8
Q1: Differentiate between Mo, M1 and M2 components of money supply. (3 marks)
Q2:Difference between Real Exchange Rate and Nominal Exchange Rate. ( 3 marks)
Q3:When Real wage unemployment Occur? Discuss. (3 marks)
Q4:What are the sources of borrowing ,By which Govt. can remove the fiscal deficit? (3 marks)
Q5:Differentiate between 2nd degree price discrimination and 3rd degree price discrimination. (5 marks)
Q6:Differentiate between frictional unemployment and structural unemployment. (5 marks)
Q7:Why could world on the whole not have current account deficit? discuss( 5 marks)
Q8: Why there is Always uncertainty in consumer behavior?? Discuss (5 marks)
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
Total MCQs 56
4 Qs havng 3, 3 maks each
4 Qs havng 5,5 maks each...
Q1 . effect expansonary fiscal policy on debt country.
Q2. difference b/w fixed exchange rate & floating exchange rate
Q3. find median & mode
Q4 .Crticism on Hecsher-ohlin theory..
Q5 . define consumption and consumption function
mcqs new & confusing
Eco401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
Total 64 questions....
56 mcqs.... just 3 r 4 from old papers......
1. assumptions of exogenous theory? (3)
2. steady trade growth? (3)
3. money demand curve? (3)
4. numerical of mps? (5)
5. cerrent account deficit? (5)
6. question about inferior n normal goods? (3)
7. vertical and horizontal demand curve? (5)
8. mean and median find kerna tha? (5)
