SAU 2013 paper

[Amita_IITM]

@tsuki, 40th is definitely a. its share of total income, so that would be same. If it was actual income, that may be different.

[Amita_IITM]

Also, can you please explain 39th. I am a non-eco student. Haven't done any development/growth models. Also, can you list the models like harrod-domar i need to look at before the exam?

[Homer Simpson]

ok, for growth models, we did Harrod-domar, Solow, Harris-Todaro, Ranis-Fei and i will check if there are any others. also, any idea on 38? is it b and why?

Not entirely sure about 39 yet but the equation used is this -

growth rate of output = (s/v) - n - depreciation

where, s = savings rate
          v = capital-output ratio
          n = population growth rate

[Economics student]

Thank you so much. You have been of great help :)

[Anjali]

Yea that seems confusing to me too. Btw how have you made the adjustment ? This capital-output ratio must be inclusive of that unproductive capital , so I suppose we need to subtract that. Not sure !

[Homer Simpson]

Basically, i took

=> (K-0.25K)/Y = 3
=> 0.75K/Y = 3
=> K/Y = 4

Now,

=> g = 30/4 - 1 = 6.5 which is (b)?
 
 Okay, now i forgot how i got 12.33 in the first place! Any idea how to this problem correctly??

[jack]

growth rate of per capita output is
(s/Q-depreciation-n)
where,
s= saving rate
Q=capital output ratio
n=population growth rate
so
(30/3)-0-1
9
option c

[Amita_IITM]

Hey tsuki,

What do you think you will write in the subjective answers of the paper? Have you prepared much for it?

[RajEco]

For Q40

It should not be a.) but c).

Bcoz same ginni coefficient values imply that inequality is more or less the same. But it does not say anything about the actual distribution when 2 countries are compared.

[Anjali]

@Tsuki your approach seems fine. However Iam not very sure. In capital output ratio we incorporate just the productive capital or total capital used ? I guess this is the crux of the whole question. I'll get back to you on this.

[AnonymousNow]

q.no 1 should be (b) i think

[Homer Simpson]

Hey Jaydee, I am pretty sure 1(a) is okay. however, could you explain your approach on 1??

[Homer Simpson]

Hey Amita, i havent gone into subjective yet. Not sure what to do about that!

[SoniaKapoor]

he tsuki....pls help me with quest 24

[Anjali]

Hey @tsuki , even Iam getting b for question 1.

[Homer Simpson]

Q 24 is a game theory based. can be done by constructing a 3x3 table with the options TV, Radio and none for both firms. Write the values and find their dominant strategy through best response. I got (TV, TV)

[Homer Simpson]

How did you get b for question 1?

[The Villain]

@Tsuki
consider odd letter alphabets
y,u,q,_
all letters differ by 4 so M should be before q

[Economics student]

Ron can you please explain in detail why M shouln't be the answer for 1st?
I am also getting a.

[The Villain]

@Saloni...
M is the ans