HSST Economics Online Mock Tests-Macro Economics

Macro Economics Practice Zone for Competitive Exams

Strengthen your Macro Economics preparation for the Kerala PSC HSST Economics examination through carefully structured online mock tests. These tests help you understand macro-level concepts, improve analytical ability, and gain confidence in handling exam questions.

The mock tests comprehensively cover Macro Economics topics such as national income accounting, aggregate demand and supply, inflation, unemployment, money and banking, fiscal and monetary policy, Okun’s Law: Economic Growth and Unemployment – Pigou Effect – Patinkin’s Analysis of the Real Balance Effect – Arrow-Debreu Model – Exogenous Business cycle – Kaldor’s Model of the Trade Cycle – Minsky Moment – Financial cycle – Difference between Keynesian Economics and Monetarism – Hicks’s Theory – Absolute Income Hypothesis – Relative Income Hypothesis – The Neoclassical Theory of Investment – Permanent Income Hypothesis – The Life-Cycle Theory of Consumption – Modigliani-Miller Theorem – Tobin’s Q Theory of Investment – Baumol-Tobin Model – Endogenous money – Fisher Effect – J-Curve Effect – Mundell-Fleming Model – Revealed Preference Theory – Fixed price Keynesian model – Crowding out Effect – Phillips Curve – Walras’s Lawand business cycles, Macro Economics in an Open Economy: ISLM Analysis in an open economy Foreign Exchange Market – Determination of Exchange Rates: Fixed Vs Flexible – Pegging of the currency – Balance of Payment/ Accounts – Disequilibrium in BOP Depreciation, Appreciation, Revaluation, Devaluation J-curve Effect – BOP in Keynesian Analysis – Exchange Rates Money and Capital Flows in an Open Economy – Mundell Fleming- Keynesian Model- Monetary and Elasticity – Approach to Balance of Payments, Classical versus Keynesian Approach, Keynesian Counter revolution – Dual Decision Hypothesis, Walrasian General Equilibrium, Neo-Keynesian Quantity Constrained Model – Rational Expectations, New Classical Macro Economics – Supply side Economics, Business cycles- measurement- Endogeneous theories (Hicks, Goodwin, Kaldor), Exogeneous theories- Real Business Cycle Approach – financial cycles (Minsky), Growth cycles-and New Keynesian Economics. Regular practice through these tests will enhance your conceptual clarity and exam readiness.

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