V SEMESTER - MODEL QUESTION PAPER
ECONOMIC DOCTRINES - I
PAPER-5.2 (B) (PART-A)
Time: 3 hours Max. Marks:90
a) What do you mean by reciprocal needs?
b) What is tableau economique?
c) What is division of labour?
d) Define wages fund
e) State St. Simon’s Parable.
f) What do you mean by return to scale?
g) What do you mean by rarete?
h) Distinguish between economic goods and non-economic goods as stated by Menger.
i) Give the meaning of marginal pairs
j) Distinguish between inductive method and deductive method.
k) Define marginal productivity.
Answer any 5 of the following questions in 15-20 sentences each. (5x5=25)
2. Give an account of the factors that gave rise to physiocracy.
3.Write a note on Say’s law of market.
4. Examine the contributions of Proudhan to economic doctrines.
5. What are Gosse’s contributions?
6. Explain the contributions of Mrs. Joan Robinson to economic thought
7. Give a brief note on the Ricardian theory of value.
Answer any 3 of the following questions in four to five pages each (15x3=45)
8. Discuss the contributions of Mercantalists to economic thought.
9. Critically examine the Malthusian theory of population
10. Bring out the main economic ideas of Karl Marx.
11. How does the Mraginal school deviate from the labour theory of value?
12. Examine the Marshallian concept of value determination.
b) What is tableau economique?
c) What is division of labour?
d) Define wages fund
e) State St. Simon’s Parable.
f) What do you mean by return to scale?
g) What do you mean by rarete?
h) Distinguish between economic goods and non-economic goods as stated by Menger.
i) Give the meaning of marginal pairs
j) Distinguish between inductive method and deductive method.
k) Define marginal productivity.
PART-B (Analytical)
Answer any 5 of the following questions in 15-20 sentences each. (5x5=25)
2. Give an account of the factors that gave rise to physiocracy.
3.Write a note on Say’s law of market.
4. Examine the contributions of Proudhan to economic doctrines.
5. What are Gosse’s contributions?
6. Explain the contributions of Mrs. Joan Robinson to economic thought
7. Give a brief note on the Ricardian theory of value.
PART-C (Descriptive)
Answer any 3 of the following questions in four to five pages each (15x3=45)
8. Discuss the contributions of Mercantalists to economic thought.
9. Critically examine the Malthusian theory of population
10. Bring out the main economic ideas of Karl Marx.
11. How does the Mraginal school deviate from the labour theory of value?
12. Examine the Marshallian concept of value determination.
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