1.Explain 4 factor model of Circular flow of income

2.How National Income can be calculated? Define the Terms GDP, GNP, NNP and all related concepts

3.What is Monetary Policy? Briefly describe the types of Monetary Policy. Discuss in detail the instruments of monetary policy.

4.What is Fiscal Policy? Explain its types. Also Explain the factors influencing determination of fiscal policy

5.What are the factors involved in causing disequilibrium in the balance of payments of the country? Explain in detail

6.What is Foreign Direct Investment (FDI)? What are the types of FDI, also discuss its advantages and disadvantages for the Home Country.

7.What is Foreign Portfolio Investment (FPI)? Discuss its advantages and disadvantages? Differentiate between FDI and FPI.

8.What are three types of Exchange rate regimes? Also discuss in details their pros and cons.