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DEPARTMENT OF ECONOMICS UNIVERSITY OF KARACHI MACRO ECONOMICS (411) MAJOR BS 2ND YEAR GENERAL SUPPLY

Time: 2hours Max Marks: 100

Attempt any four Questions:


Q1. Explain the Circular Flow of National Income with the help of diagram? Q2. Define Inflation and explain any two types of inflation? Q3. Define Aggregate Demand and also explain the Determinants of Aggregate Demand with the help of diagram? Q4. What are the Four Phases of Business Cycle? Q5. Explain any one shifter which shifts the IS curve with the help of diagram? Q6.Disntinguish between Types of Unemployment and also explain the Measures to control the kinds of unemployment?

GOOD LUCK

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