Final Suggestion of Economics for JAIBB Exam.

Final Suggestion of Economics for JAIBB. The Institute of Bankers Bangladesh takes the Jaibb Exams. Here I give the last suggestion for Jaibb Exam.

1. What are the primary goals of macroeconomics?
2. Why does Government borrow?
3. Compare the Definition of Economics offered by Adam Smith and Leonel Robins.
OR
"Economics is a science, which studied human behavior as a relationship between ends and scarce mean, which have alternative uses." - L Robins. Discuss the definition.
OR
"Economics is the science of Wealth" Discuss.
4. "Economics is study of mankind in the ordinary business of life" - Discuss the statement
5. What is unemployment and what its type?
6. What do you mean by a return to scale?
7. Suggest remedies for unemployment in Bangladesh.
8. Explain the difference between 'positive economics' and 'normative economics.'
9. Discuss the subject matter of economics.
10. Define the terms “Want” and “Scarcity” as understood in Economics. Explain the importance of a multiplicity of wants and scarcity of resources in the study of Economics.
11. Is high per capital income is the only measure for economic development?
12. Distinguish between the balance of trade and balance of payment. Discuss the principal items in Bangladesh balance of payments account prepared and published periodically by its central bank.
13. What is money? Discuss the function of money. State and explain the component of money supply in Bangladesh.
14. Critically discuss livings fisher’s “Quantity theory of money ”
15. What is an iso-product curve (isoquant) and what are its properties. Define and draw an isocost curve. Difference between indifference curve and iso-product curve

16. What are the main characteristic/principal features of perfect competition?
17. Why does a demand curve usually slope down to the right? If demand increases both
equilibrium price and quantity increases again supply raises equilibrium price, and quantity
decrease explains the statement using the diagram.
18. What do you mean by a return to scale? Distinguish among increasing “return to scale”, “constant return to scale” and “decreasing return to scale” using a diagram.
19. What is meant by production function?
20. Distinguish between Gross national product and Net national product. What is meant by a problem the double counting in the measurement of national income? How can the double counting problem avoid?
21. Price elasticity of demand when the price per unit of a product falls from Taka 5 to Taka 3, and the quantity purchased rises from 5 to 8 units as a result.
22. Can monetary policy alone control inflation?
23. What do you understand by the law of demand and the law of supply?
24. Describe a production indifference curve and its properties? Use diagram
25. Compare the distinguishing features of the different form of the market structure, viz., perfect competition, monopoly, monopolistic competition and oligopoly.

26. What factors according to you influence a country's economic growth?
27. Show the help of diagram how price/output is determined in monopoly. What is the characteristic of monopoly? In the monopoly there is no supply curve, describe.
28. What should be the goals of monetary policy in developing country?
29. How does foreign direct investment (FDI) help accelerate countries economic development?
30. What should be the objective of monetary policy for a developing country like Bangladesh?
31. The state with the help of diagrams differences between infinitely elastic demand and infinitely inelastic demand.

32. Explain the indifference of monetary policy and fiscal policy.
33. What are the characteristics of Monopoly and illustrate how the price is determined in a monopoly market?
34. What are the methods of computing Gross domestic product of a country?
35. Distinguish between fixed and flexible exchange rates, stating the merits and demerits of each.
36. Critically discuss the importance of Small & Medium Enterprise (SMEs) in Bangladesh?
37. Elaborate on the fundamental economic questions of 'what’,’ how' and 'for whom'. Give specific examples of these questions on the use of a country's limited resources.

38. What are the main functions of a commercial bank?
39. How does monopoly hurt the interest of common consumers?
40. Distinguish between price elasticity of demand and income elasticity of demand.
41. How do banks contribute to expediting the country's economic development?
42. Present arguments for welcoming foreign aid to Bangladesh (Book Page-123)
43. Discuss the causes and consequences of inflation.
44. Suggest appropriate measures for controlling inflation?
45. In what ways commercial banks in Bangladesh can help accelerate the country's economic development?
46. What problem encountered calculating GDP State the problem in details?
47. Why is Economics central to an understanding of the problems of development?
48. Does Education promote Economic development and How?
49. Does education lead to the brain drain from developing countries? Why?
50. Critically discuss the importance of Small & Medium Enterprise (SMEs) in Bangladesh?
51. Briefly, discuss the" Financial Inclusion" measure recently taken by Bangladesh Bank?
52. What is fiscal policy and what are its ingredients.
53. The present argument FOR and AGAINST deficit financing in Bangladesh?
54. Why is it important for Banker to know the basic principle of Economics?
55. State what is meant by-
(i) income elasticity of Demand; and (ii) cross elasticity of Demand
56. Explain the relationship between (i) Economics & Political Science (ii) Economics & Statistics
57. Discuss measures considered necessary for correcting the balance of payments deficits.
58. Show with the help of a diagram how equilibrium price changes as a result of changes in demand and supply.

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