Question 1:
(a) Analyse the impact of boom and bust in the economy on business activities?
(b) What measures can policy makers use to promote economic expansion?
Question 2:
(a) What are the factors influencing the internal and external value of the Rupee?
(b) Analyse the impact of the changes in the internal and external value of the Rupee on the economy and the business sector?
Question 3:
Equal marks for each
Discuss any THREE of the following:
1. Externalities and Market failure.
2. Competition Policy and consumer welfare.
3. Monetary Policy and Transmission Mechanism.
4. The Trade-off between Inflation and Unemployment Rates.