- Economics
Q. No. 3. (a) How the concepts of notional aggregate demand (Keynesian) and real aggregate…
Demand (Neoclassical) Lead to Economic Fluctuations: Economic fluctuations, characterized by periods of expansion (booms) and…
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Q. No. 2. (a) State the bases of IS-LM framework (equations &establish equilibrium) and comment…
IS Curve and Equilibrium: The IS (Investment-Saving) curve is a foundational concept in macroeconomics that…
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Q. No. 8. Write short notes on TWO of the following: (a) Export-led Growth Strategy.…
(a) Export-led Growth Strategy: Export-led growth strategy is an economic development approach where a country…
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Q. No. 7. Delineate the difference among privatization, deregulation and decentralization. (2017-II)
Privatization: Privatization is the process of transferring ownership, control, and management of state-owned enterprises (SOEs)…
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Q. No. 6. Highlight and explain changes in direction of trade in recent years. Also…
Changes in Direction of Trade: Changes in the direction of trade refer to shifts in…
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