(S.Y.B.Com) BUSINESS ECONOMICS-II 1. 2. 3. 4. 5. Define the following concept: a) Trade cycles b) Supply of money c) Multiplier d) Globalization e) Small scale industries f) Disinvestment g) Privatization h) Knowledge economy. i) Demand for money j) Stock and Flow k) Cyclic Effect l) Inflationary gap m) Excess Demand. Explain the role of effective demand in determining level of employment? Write explanatory notes on: a) Velocity of circulation of money b) Demand for money c) Nature of unemployment in India d) IS curve. Distinguish between: a) Agriculture and Industry b) Small Scale Industries and Large Scale Industries c) Demand pull and Cost push inflation. Write notes on: a) Importance of SSI in Indian Economy b) Disinvestment Policy in India. class www.jk es.in
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