BECC-103 Solved Assignment English Medium 2022-2

 Free BECC-103 Solved Assignment English Medium 2022-23 for July 20222 and January 2023 Session


B.E.C.C-103

INTRODUCTORY MACROECONOMICS

Assignment I

Answer the following Descriptive Category Questions in about 500 words each. Each question carries 20 marks. Word limit does not apply in the case of numerical questions. 

1) Define national income. How do you measure national income by product method? What precautions will you take while using this method?

2) Derive the IS and LM curves. What do these curves imply? What do the points outside these curves imply? Use appropriate diagrams to substantiate your answer. 

Assignment II

Answer the following Middle Category Questions in about 250 words each. Each question carries 10 marks. Word limit does not apply in the case of numerical questions. 

3) Why does an economy move towards equilibrium if it is in disequilibrium? Explain. Use appropriate diagram to substantiate your answer.

4) Describe the salient features of Keynesian economic system.

5) Give a brief account of the various qualitative instruments of monetary policy.  

Assignment III

Answer the following Short Category Questions in about 100 words each. Each question carries 6 marks. 

6) Describe the impact of inflation on various segments of society.

7) For a three sector economy the following is given:

 𝐶 = 40 + 0.6𝑌, I = 30, G = 50

where C = consumption, I = investment, and G = government expenditure.

 Find out the equilibrium output level.

8) Define investment multiplier. What are its limitations?

9) Write a short note on speculative demand for money.

10) Write a short note on the causes of inflation in an economy. 

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