Description
BECC-103 English Medium Solved Assignments 2024-25 Available
Assignment I
Answer the following Descriptive Category Questions
1) Bring out the salient features of an economy as suggested by classical economists. What are its
implications with respect to output, prices, and employment?
2) Derive IS and LM curves. How does an economy achieve equilibrium in both real sector and monetary sector?
Assignment II
Answer the following Middle Category Questions
3) What are the components of aggregate demand in the Keynesian model? Explain how an
economy achieves equilibrium in the Keynesian model.
4) Explain how equilibrium level of output is determined in the Keynesian model.
5) Give a brief account of the instruments of monetary policy.
Assignment III
Answer the following Short Category Questions
6) Explain the reasons for inflation in an economy.
7) For a three sector economy the following is given:, I = 50, G = 20
where C = consumption, I = investment, and G = government expenditure.
Find out the equilibrium output level.
8) Explain the concept of value added with an example.
9) What type of fiscal policy the government should adopt during recession. Justify your answer.
10) Write a short note on the demand for money in an economy.
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