Principles of Macroeconomics-I – Solved Assignment – B.COM IV Semester (CBCS)

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B.Com IV Semester (CBCS) – July 2021

In Lieu of MIL (Economics)

Principles of Macroeconomics-I

(Code : 52271424)

M.M. : 100

Attempt both questions.

All questions carry equal marks.

 (Write your Name and Roll No. on each page of your answer sheet.)

Question 1. Discuss the limitations of GDP as a measure of economic welfare.

Question 2. Explain Circular Flow of Income respectively in three sector and four sector economy. Use charts for the purpose.

Question 3. Define Money and state its functions.

Question 4. Critically explain the Quantity Theory of Money.

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