Eco (H) Sem 5 Mock Tests

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BA Economics (Hons) Semester V

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Economics (H) Semester V Courses

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Discipline Specific Core Subjects

PDF Notes for DSC 13 Game Theory & Strategic Interactions [ECON 013]

for BA Economics (H) Semester V, Delhi University 2025

DSC : Game Theory & Strategic Interactions

Mock Tests

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Chapters :

1. Nash Equilibrium

2. Mixed Strategy Equilibrium

3. Extensive Games with Perfect Information

4. Mixed Strategy Illustrations

5. Random Events & Incomplete Information

6. Risk & Incentives

7. Bayesian Rationalizability

8. Lemons, Auctions & Information Aggregation

9. Perfect Baysian Equilibrium

10. Job Market Signalling & Reputation

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Game Theory Test #1

1. Please Read the Questions and all the options Carefully, Before Selecting Your Choice.
2. You are not Allowed to edit your answers after submission.
3. The Paper has ten Questions
4. Time Allowed is 10 Minutes.
5. It is necessary to enter your valid Email id to attempt this test.

 

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1 / 10

Suppose three players, 1, 2 and 3, use the following procedure to allocate 9 indivisible coins. Player 1 proposes an allocation (x1, x2, x3) where xi is the number of coins given to player i. Players 2 and 3 vote on the proposal, saying either Y (Yes) or N (No). If there are two Y votes, then the proposed allocation is implemented. If there are two N votes, the proposal is rejected. If there is one Y vote  and one N vote, then player 1 gets to vote Y or N. Now, the proposal is accepted if there are two Y votes and rejected if there are two N votes.
If 1’s proposal is rejected, then 2 makes a proposal. Now, only 3 votes Y or N. If 3 votes Y, then 2’s proposal is accepted. If 3 votes N, then the proposal is rejected and the allocation (3, 3, 3) is  implemented.
Assume that, if the expected allocation to be received by a particular player by voting Y or N is identical, then the player votes N.

1’s proposal will be

2 / 10

Consider the following game with players 1 and 2; payoffs are denoted by (a, b) where a is 1’s payoff and b is 2’s payoff. First, player 1 chooses either U or D. If she plays D, then the game ends and the payoff are (1, 0). If she plays U, then player 2 chooses either U or D. If he plays D, then the game ends and the payoffs are (0, 2). If he plays U, then player 1 again chooses either U or D. The game ends in both cases. If player 1 chooses D, then the payoffs are (4, 0). If player 1 chooses U, then the payoffs are (3, 3). 

3 / 10

Consider the following game. Player 1 moves first and chooses L or R. If she plays R, the game ends and the payoffs are (10, 0). If she plays L, then player 2 moves and chooses either L or R. If he plays R, the game ends and the payoffs are (0, 20). If he plays L, then player 1 moves and chooses L or R. The game ends in both cases. If player 1 chooses L, then the payoffs are (30, 30). If she plays R, then the payoffs are (40, 0). This game

4 / 10

Suppose three players, 1, 2 and 3, use the following procedure to allocate 9 indivisible coins. Player 1 proposes an allocation (x1, x2, x3) where xi is the number of coins given to player i. Players 2 and 3 vote on the proposal, saying either Y (Yes) or N (No). If there are two Y votes, then the proposed allocation is implemented. If there are two N votes, the proposal is rejected. If there is one Y vote  and one N vote, then player 1 gets to vote Y or N. Now, the proposal is accepted if there are two Y votes and rejected if there are two N votes.
If 1’s proposal is rejected, then 2 makes a proposal. Now, only 3 votes Y or N. If 3 votes Y, then 2’s proposal is accepted. If 3 votes N, then the proposal is rejected and the allocation (3, 3, 3) is  implemented.
Assume that, if the expected allocation to be received by a particular player by voting Y or N is identical, then the player votes N.

If 1’s proposal is rejected and 2 gets to make a proposal, her proposal will be

5 / 10

Consider the following two games

Game 1:                                                         Game 2 :

                                Hawk                                                                 Hawk           Dove

Enter                    (-1, 1)                               Enter                        (-1, 1)            (3, 3)

Not Enter           (0, 6)                                Not Enter               (0, 6)             (0, 7)

In every Payoff pair "x, y", x is the payoff of row player and y is the payoff of column player. Analyse these games. These games illustrate that , in a strategic situation

6 / 10

Consider the following game:

             L                  R

T        (x, x)        (b, y)

B        (y, b)        (a, a)

Which of the following statements is true when y > x > a > b?

7 / 10

Consider the game

 

U          x, x          z, y

D          y, z          y, y

where the row player's payoff is given first, followed by the column player's payoff. This game has only one Nash equilibrium when

8 / 10

Firm 1 is the potential entrant into a market in which Firm 2 is the incumbent monopolist. Firm 1 moves first and chooses to "Enter" or "Not Enter". If it does "not enter", then Firm 1 gets profit 0 and Firm 2 gets the monopoly profit 10. If Firm 1 "Enters", then Firm 2 chooses to "Fight" or "Not Fight". If Firm 2 "fights" the Firm 1's profit is -2 and Firm 2's profit is 6. If Firm 2 does "not fight", then Firm 1's profit is 2 and Firm 2's profit is 8. Firm 2's strategy of "Fight" can be best interpreted as 

9 / 10

Sania and Saina are bargaining over how to split 10 Rupees. Both claimants simultaneously name shares they would like to have, s1 and s2, where 0 ≤ s1, s2 ≤ 10. If s1 + s2 ≤ 10 then the claimants receive the shares they named; otherwise both receive zero. Find all pure strategy Nash equilibria of this game

10 / 10

Consider the Game

               L          M         R

U        2, 0      3, 3     0, 0

M        1, -1     0, 0     1, 0

D        4, -4     2, 2     1, 1

where the row's player's payoff is given first, followed by the column player's payoff. which of the following statement's is false

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PDF Notes for DSC 14 Economic Growth & Business Cycles [ECON 014]

for BA Economics (H) Semester V, Delhi University 2025

DSC : Economics Growth & Business Cycles

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Chapters :

1. Facts of Economic Growth

2. The Solow Model

3. Empirical Applications of Neo Classical Growth Models

4. Economics of Ideas

5. Engine of Growth

6. A Simple Model of Growth & Development

7. Real Business Cycles & New Keynesian Models

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Solow Model Test #1

1. Please Read the Questions and all the options Carefully, Before Selecting Your Choice.
2. You are not Allowed to edit your answers after submission.
3. The Paper has twenty Questions
4. Time Allowed is 20 Minutes.
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1 / 20

Investment increases proportionately with the increase in capital stock implies that, for a given rate of saving _______

2 / 20

In the Solow Model, The production function becomes __________ as k increases indicating that it gives _____________ marginal product of capital

3 / 20

The aggregate production function for the Solow growth model assumes (A) ___________ returns to scale and (B) _____________marginal productivity of labour and capital.

4 / 20

In the Solow Model, the point where investment is equal to depreciation is known as the ______________.

5 / 20

According to the Solow Model, _____________________ is a function of capital.

6 / 20

Consider an economy described by the following production function :

F(K, L) = K0.5L0.5  

Assume that the rate of depreciation is 10% per year and rate of saving is 30%. Find the steady state level of Investment of Solow’s model.

7 / 20

 

Consider an economy described by the following production function :

F(K, L) = K0.5L0.5  

Assume that the rate of depreciation is 10% per year and rate of saving is 30%. Find the steady state capital stock per worker of Solow’s model.

8 / 20

In the Solow Model, the change in saving rate produces

9 / 20

In the Solow Model, the economy which is not at steady state

10 / 20

In the Solow Model, at the steady state we have

11 / 20

In the Solow model, the steady-state level of capital per worker is determined by:

12 / 20

What is the "golden rule" level of capital in the Solow model?

13 / 20

In the Solow model, what role does the depreciation rate play in the economy?

14 / 20

The Solow model predicts that countries with lower initial levels of capital per worker will:

15 / 20

In the Solow model, technological progress is often considered to be:

16 / 20

According to the Solow model, if a country increases its saving rate, what will happen in the long run?

17 / 20

In the context of the Solow model, what is meant by "steady state"?

18 / 20

According to the Solow model, an increase in the population growth rate will:

19 / 20

Which of the following assumptions is NOT part of the Solow model?

20 / 20

In the Solow model, convergence occurs when:

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PDF Notes for DSC 15 Introductory Development Economics [ECON 015]

for BA Economics (H) Semester V, Delhi University 2025

DSC : Introductory Development Economics

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Chapters :

1. Introducing Economic Development

2. Comparative Economic Development

3. Human Development Index

4. Classical Theories of Economic Growth & Development

5. Problems of Capital Formation in Underdeveloped Countries

6. Linkages in Economic Development

7. Strategies for Economic Development

8. Poverty as Capability Deprivation

9. Economic Inequality

10. Poverty & Undernutrition

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Amartaya Sen's Capability Approach Test #1

1. Please Read the Questions and all the options Carefully, Before Selecting Your Choice.
2. You are not Allowed to edit your answers after submission.
3. The Paper has Twenty Questions
4. Time Allowed is 20 Minutes.
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1 / 20

According to Sen, which of the following is an example of a basic capability?

2 / 20

According to Amartya Sen, which of the following is more important than income in assessing individual well-being?

3 / 20

What is the core idea of Amartya Sen’s "Capability" approach?

4 / 20

Which aspect does Sen’s "Capability" approach emphasize when assessing quality of life?

5 / 20

What is a key difference between the "Capability" approach and utilitarianism?

6 / 20

How does Sen’s "Capability" approach view poverty?

7 / 20

Sen's "Capability" approach emphasizes the importance of:

8 / 20

Which of the following best describes "agency" in the context of Sen’s "Capability" approach?

9 / 20

What role does public policy play in Sen’s "Capability" approach?

10 / 20

Sen’s "Capability" approach is often contrasted with which traditional economic measure?

11 / 20

How does Sen's "Capability" approach address issues of inequality?

12 / 20

Which of the following statements aligns with Sen’s "Capability" approach?

13 / 20

Which of the following best describes "functionings" in Sen’s approach?

14 / 20

Which of the following is NOT a key component of the "Capability" approach?

15 / 20

According to Sen’s "Capability" approach, what is a "capability"?

16 / 20

Why does Sen criticize traditional economic measures like GDP per capita?

17 / 20

What does Sen mean by "functionings" in his "Capability" approach?

18 / 20

Which of the following is a limitation of focusing solely on resources according to Sen’s "Capability" approach?

19 / 20

Which of the following best represents the idea of "capability" in Sen's approach?

20 / 20

In the "Capability" approach, why is access to education considered important?

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Discipline Specific Elective Subjects

PDF Notes for DSE  Advanced Econometrics [ECON 036]

for BA Economics (H) Semester V, Delhi University 2025

DSE : Advanced Econometrics

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Chapters :

1. The Nature of Econometrics

2. Simple Regression Model

3. Multiple Regression Model

4. Functional Forms

5. Model Specification Bias

6. The Linear regression Model in Matrix Form

7. Binary Dependent Variable

8. Instrumental variables

9. Simultaneous Equations Models

10. Panel Data

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Logit Probit Models Test #1

1. Please Read the Questions and all the options Carefully, Before Selecting Your Choice.
2. You are not Allowed to edit your answers after submission.
3. The Paper has Twenty Questions
4. Time Allowed is 20 Minutes.
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1 / 20

In a probit model, what does represent?

2 / 20

What is the odds ratio in the context of a logit model?

3 / 20

Which assumption is common to both logit and probit models?

4 / 20

When comparing the logit and probit models, which statement is correct regarding their predicted probabilities?

5 / 20

What is the purpose of the link function in a logit model?

6 / 20

In the logit model, what is the range of the predicted probabilities?

7 / 20

What is a common application for both logit and probit models?

8 / 20

Which of the following is NOT an assumption of the logit model?

9 / 20

Which function is used to transform the linear predictor in the logit model?

10 / 20

What is the primary application of the probit model in econometrics?

11 / 20

Which test is commonly used to assess the goodness-of-fit for a logit model?

12 / 20

Which of the following statements is true about the logit and probit models?

13 / 20

Which of the following statements is true about the probit model?

14 / 20

Which method is commonly used to estimate the parameters of a probit model?

15 / 20

What is the logit model primarily used for in econometrics?

16 / 20

In the probit model, what is the range of the predicted probabilities?

17 / 20

What is a key difference between the logit and probit models?

18 / 20

Which function is used to transform the linear predictor in the probit model?

19 / 20

In a logit model, what does the log-odds represent?

20 / 20

Which method is commonly used to estimate the parameters of a logit model?

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