Міністерство освіти і науки України Національний технічний університет

“Харківський політехнічний інститут”

Напрям підготовки - 6.030601 “Менеджмент”

Спеціальність - 6.030601-01 “Менеджмент організацій”

Дисципліна – Маcroeconomics (Макроекономіка)

PAPER 12

1. Provide the correct open answer to the following questions:

1. The origin and basic positions of Keynesian theory

2. Relationship between Inflation and Unemployment. The Phillips Curve

2. Solve the task. Suppose the consumption function is given by C = 100 + 0,8Y, while investment is given by I = 50. What is the equilibrium level of income in this case? What is the level of saving in equilibrium?

III. Tests choose the only correct answer and explain it)

1.When does a country run a trade surplus?

1. When it imports more than it exports.

2. When it exports more than it imports.

3. When it exports, regardless of how much it imports.

4. When it imports, regardless of how much it exports.

2. When a household adds a bond to its stock of wealth, which of the following increases for the household?

1. Net worth c) The capital stock

2. Investment d) The demand for capital

3. Marginal propensity to consume - is ratio:

1. consumption to income,

2. consumption growth to the increase in savings;

3. consumption growth to income,

4. consumption growth to income growth

Укладач: ас. Шипілова М.В.

Затверджено на засіданні кафедри ЗЕТ НТУ “ХПІ”. Протокол № 4 від 15.11.2011

Завідувач кафедри ЗЕТ, професор Архієреєв С.І.

Міністерство освіти і науки України Національний технічний університет

“Харківський політехнічний інститут”

Напрям підготовки - 6.030601 “Менеджмент”

Спеціальність - 6.030601-01 “Менеджмент організацій”

Дисципліна – Маcroeconomics (Макроекономіка)

PAPER 13

1. Provide the correct open answer to the following questions:

1. An overwiew of Macroeconomics Schools of Thought

2. Consiquenses of Unemployment. Okun's Law

2. Sovle the task. In the economy without government influence saving function is S = 0,25Yd – 100, autonomus saving is 60, potential GDP is 1000. What have to do government to increase GDP to potential level if all government expenditures are from income taxes?

3. Tests choose the only correct answer and explain it)

1 . Refer to the figure below. Which country has an absolute advantage in the production of apples?

a) Mexico. b) The United States.

c) Both countries. d) Neither country.

2. Which of the following statements about capital income, interest, and profits is/are true?

1. The government borrows money by issuing bonds.

2. Interest is a form of capital income.

3. Profits are another word for net income.

4. All of the above.

3. Direct correlation characterizes the relationship between:

1. savings and price indices;

2. the marginal propensity to consume and marginal propensity to save;

3. consumer spending and the level of interest rates;

4. the savings and the level of interest rates.

Укладач: ас. Шипілова М.В.

Затверджено на засіданні кафедри ЗЕТ НТУ “ХПІ”. Протокол № 4 від 15.11.2011

Завідувач кафедри ЗЕТ, професор Архієреєв С.І.