ALAGAPPA UNIVERSITY - DISTANCE EDUCATION
M.Phil. (Economics) DEGREE EXAMINATION, MAY 2010.
Non-Semester
CONTEMPORARY DEVELOPMENTS IN ECONOMICS THEORY
Time : Three hours Maximum : 100 marks
Answer any FIVE of the following.
(5 x 20 = 100)
1. Briefly explain the contemporary debates on poverty and famine.
2. Discuss the various applications to evaluate Human Development Index (HDI).
3. Examine Rational expectations as a critique of Keynesian Revolution.
4. Discuss the different alternatives to the expected utility hypotheses.
5. Critically evaluate the study of Asymmetric information.
6. Examine the Free Riders and Coase theorem.
7. Analyse the strategic trade theories in the context of Transactional Corporation.
8. Explain the role of education towards the empowerment of women.
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