Chapter IX
1. Say's Law
2. Bases for Classical theory ( any one of them can also be asked for 5 Marks)
3. Role of Govt.
4. Sources of Pub. revenue
5. Items of Public expenditure
6. Distinction between internal debt & external debt
7. Methods of redemption of Public debt
8. Components of budget
9. Types of budget
10. Types of budget deficits
11. Reasons for international trade
12. Distinction between BoP & BoT
13. Keynes' underempt equilibrium
14. Wage cut policy
These are sufficient from chapter IX. Out of these 2 SAQs should appear.
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