International Relations

Resource allocation and their outcomes are the Central goals of all individuals. The emphasis is not on supply side, rather price is determined by what people want and are prepared to pay for?

If aggregate demand exceeds the productive capabilities of the economy at full employment, there will be insufficient out put to meet demand at the current price level. It creates an inflationary pressure and can be demonstrated as inflationary gap. Discuss.

State and demonstrate the determinants of Money supply in an economy. What role does it play, if there is increase or decrease in money supply?

High tax rates means large disincentives to productive efforts that aggregate supply and tax revenues are both restricted. Give your arguments for a just tax System.

The major issue of developing countries is the volume of production and quality control. Customers and consumers expect it. How the producers exceed customers expectations? How will you recommend the business community to prepare themselves for Global Free Trade?

IMF exist to co-ordinate foreign exchange dealings, and to give macro-economic policy advice. It provides a frame work on matters of monetary and exchange rate policy. Discuss.

Critically examine that the Quantity Theory of Money is more accurately a monetary theory of the price level.