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Posted By: vijay kumar Member Level: Diamond Posted Date: 02 Jun 2008
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2006 Madurai Kamaraj University M.Phil Economics Paper III - ECONOMIC STUDIES Question paper
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TiIne : Three hours Maximum: 100 marks
Answer any FIVE questions.
All questions carry equal marks.
1. Examine the British views on Terms of Trade, in
the historical setting of early 19th century.
2. Discuss the intemal contradictions in the
capitalist system of production reading to its collapse
from the Marxist point of view.
3. Describe how England could emerge as the pioneer
of European development through Industrial revolution.
4. Explain the Walrasian General equilibrium
highlighting the central place assigned to price in the
system.
5. Discuss the basic tenets of Gandhian Economics.
How does this frame work help evolve " Wage goods
strategy" of planning?
6. Describe the features of Great Depression of
1930's. Evaluate the policy significance of Keynesian
theory of Employment in this context.
7. Outline the working of various institutions that
came to function in the postwar world economy.
8. Critically examine the Mahalanobis strategy
adopted in India in the light of its favourable and
adverse consequences in the economy.
9. Discuss the causes of widening Trade and Income
gap that led to the debt crisis of developing nations.
10. Describe the salient features of UNCTAD
conferences and the consequent formation ofNIEO
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