University of Calicut Previous Years Question Paper & Answer

University : University of Calicut
Course : B.A

Semester : SEMESTER 5

Subject : Fiscal Economics

Year : 2020

Term : NOVEMBER

Branch : Econometrics and Data Management

Scheme : 2020 Full Time

Course Code : ECO 5B 07

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Section D (Essay Type Questions)

Answer any two questions.
Each question carries 13 marks.

Briefly explain the psychological law of consumption.

How income is determined in a three sector economy ?

Explain the quantity theory of money.

Explain the nature, scope, importance and limitations of the study of macro economics.

(2 x 13 = 26 marks)

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