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Monetary Theory and Policy, MA Economics Sargodha University Past Papers 2017

Sargodha University MA Economics Paper-XII(I) Monetary Theory and Policy Past Papers 2017

Here you can download Past Papers of Paper-XI(I) Monetary Theory and Policy, MA Economics Part Two, 1st & 2nd Annual Examination, 2017 University of Sargodha.

Monetary Theory and Policy UOS Past Papers 2017

M.A. Economics Part – II

Paper-IV-I/XII-I(Monetary Theory & Policy)1st A. 2017

Time: 3 Hours                                     Marks:100

Note: Objective part is compulsory. Attempt any four questions from subjective parts

Objective Part

Q.1:Write short answers of the following on your answer sheet in two lines only.                                 (2*10)

  1. What is metallic money?
  2. What is medium of exchanges?
  3. What is real interest rate?
  4. What is transaction demand for money?
  5. What is money multiplier?
  6. Define LM Curve.
  7. What is barter System?
  8. Define Bank
  9. What is exchange rate?
  10. What is money market?

Subjective Part

Q.2:(a) Define money and describe its functions.

(b)        Differentiate between M2 and M3.

Q.3(a) How does AS and AD determine the equilibrium price and outpus?

(b)        Show the effects of monetary expansion on this model.

Q.4:(a) Discuss the Keynisian work on demand for money.

(b)        Compare it with Monetrist’s work on demand for money.

Q.5: (a) Explain the risk and term structure of Pakistan.

(b) Discuss the expectation theory of interest regarding term structure of interest rate.

Q.6(a) Define balance of payment why Pakistan is suffering trade deficit.

(b) Can monetary policy address this issue?

Q.7(a) Discuss the following:

(i) Money Multiplier    (ii) Liquidity Preference Theory

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