BECC 134 Solved Assignment 2022-23
BECC 134 Solved Assignment 2022-23
Principles of Microeconomics - 2
BECC 134
Solved Assignment 2022: BECC 134 Solved Assignment 2022 BECC
134 Assignment 2022-23 All IGNOU Assignment a vailable at our website.
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University:
IGNOU |
Course:
Principles of Microeconomics - 2 |
Language:
ENGLISH |
Semester:
2022 |
Course:
Principles of Microeconomics - 2 |
Session:
2022 |
Short
Name: BECC 134 |
Assignment
Code: Asst/TMA/2022-23 |
Total Marks: 100
ASSIGNMENT ONE
Answer the following
Descriptive Category questions in about 500 words each. Each question carries
20 marks. Word limit does not apply in case of numerical questions. 2 × 20 = 40
1. (a.) Explain how
IS-LM curves are derived.
(b) Explain how
adjustments take place in IS-LM model to restore equilibrium.
2. (a) How is
classical range of the LM curve different from Keynesian range? Explain with
the help of a diagram.
(b) Explain
Unemployment-inflation trade off with the help of diagram.
ASSIGNMENT TWO
Answer the following
Middle Category questions in about 250 words each. Each question carries 10
marks. Word limit does not apply in case of numerical questions. 3 X 10=30
3. What is inflation?
Discuss various types of inflation.
4. Explain short run
and long run equilibrium of an economy with the help of diagram.
5. Explain the impact
of the expansionary fiscal and monetary policy on equilibrium prices and
output.
ASSIGNMENT THREE
Answer the following
Short Category questions in about 100 words each. Each question carries 6
marks. 5X 6=30
6. Differentiate
between:
i) Demand pull and
cost push inflation
ii) Nominal and real
exchange rate
7. Explain absolute
and relative purchase power parity.
8. Explain different
types of unemployment in the economy.
9. What are adaptive
and rational expectations?
10. Explain the
factors that will result in the rightward shift in the Aggregate supply curve
with the help of diagram.
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BECC 134
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