Rational expectations and adaptive expectations
See Answer →Bring out the important issues on which Lucas criticizes Keynesian macroeconomics. To what extent the New-Keynesian economists have accepted these criticisms?
See Answer →Explain why firms may offer a higher wage to workers than the equilibrium wage rate.
See Answer →Explain in brief the salient features of real business cycle theory. In what respects is it different from other theories of business cycle?
See Answer →Policy makers should stick to rules instead of pursuing discretionary polices. Do you agree with the above statement? Substantiate your answer.
See Answer →Explain how the permanent income hypothesis reconciles the difference between short-run and long-run consumption behavior.
See Answer →What is meant by steady state in the Solow model? Explain how Golden Rule is different from steady state.
See Answer →“Rapid industrialization and diversification of the industrial structure have been the twin objective of industrial policy in India”- Elaborate
See Answer →What do you mean by fiscal imbalance? What steps have been taken by the Government of India to correct the fiscal imbalances?
See Answer →What is capital market? Trace the development reforms of the capital market in India and evaluate the impact of these reforms in the growth of equity and the foreign exchange market
See Answer →What do you mean by inequality of income? How are the inequalities of income measured in an economy? Examine the policy implications of wide spread poverty and inequality in the Indian economy
See Answer →Explain the major crises Indian agriculture is facing. Which reforms would you like to suggest to solve these crises.
See Answer →State the various dimensions of deterioration in the quality of employment in India. Also examine the policy implications of declining rate of women’s participation in the workforce
See Answer →“Indian economic environment has undergone dramatic changes with a shift in development strategy”- In the light of this statement evaluate the series of economic reforms introduced since 1991
See Answer →Draw the schematic diagram of a nuclear fission reactor. Write its general features. Discuss the role of a fast breeder reactor.
See Answer →A sample of pitchblende contains 50 kg uranium. The half-life of uranium is 4.5 109yr.The atomic weight of uranium is 238.4. The total number of uranium atoms in the beginning is 1.269 1026atoms. Calculate the age of the sample.
Do electrons reside inside the nucleus? Explain.
See Answer →The half-life of an element I131 is 8.05 days. After how many days will only 10% of this element be left over?
See Answer →Draw a curve of binding energy per nucleon as a function of mass number and explain the main characteristics of elements and also the phenomena of nuclear fission and fusion.
See Answer →Explain whether the eigen functions of the following Hamiltonian for a particle of mass m will have a definite parity: