Principles of Economics and Bangladesh Economy question Paper, December, 2013
Posted by Ripon Abu Hasnat on Thursday, May 15, 2014 | 0 comments
Banking
Diploma Examination— December, 2013
JA1BB
Principles of Economics and Bangladesh Economy (PBE)
[N. B.- Answer any five questions]
1. a) "Economics is the science of wealth" -
Discuss.
b) Show the relationship between-
1) Economics and
Statistics;
2) Economics and
Political Science; and
3) Economics and
Sociology.
2. a) State what is meant by-
1)
Income elasticity of demand; and
2) Cross elasticity of
demand.
b) State and
explain the Law of Demand and indicate the limitations of the
Law.
3. a) What are
the characteristics of monopoly and illustrate how price is determined in a monopoly market?
b)
''There is no supply curve in
monopoly". - Discuss.
4. a) Distinguish between “balance of trade" and
“balance of payments".
b)
Discuss measures considered necessary for correcting balance of payments
deficits.
5. a) Explain the different methods of
calculating Gross Domestic Product (GDP) of a country.
b) What problems are generally
encountered in calculating GDP? State the problems in detail.
6. a) Discuss the causes and
consequences of inflation.
b) Suggest appropriate measures for controlling
inflation.
7. a) Critically
discuss Irvine Fisher's "Quantity Theory of
Money".
8. a) How do you
account for the present appreciating trend of Bangladesh Taka vis-a-vis the US
dollar?
b) Discuss the
likely effects of the appreciation of the Taka on the country's (i) exports:
(ii) imports and
remittances.
9. a) What should be the goals of
monetary policy in a developing country?
b) Critically appraise Bangladesh Bank's Monetary Policy
Statement for the first half (July‑December) of the
present fiscal year (2013-2014).
10.
Write short notes on any four of the following:-
a) Fixed Cost and
Variable Cost:
b) Floating exchange
rate; ANS
c) Statutory
liquidity requirement (SLR);
e) Terms of Trade:
f) Giffen good.
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