Description
BECC-112 English Medium Solved Assignments 2025-26 Available
Answer all the questions
A. Long Answer Questions
1) Discuss the Classical Theory of Economic growth. Discuss the Marxian criticism of the Classical Theory of growth.
2) Explain the concept of economic inequality. Explain the various methods of measuring economic inequality.
B. Medium Answer Questions
3×10-30 marks
3) Discuss the significance of the four liberal principles of democracy.
4) Wlaat do you understand by a natural monopoly? Why are public utilities usually natural monopolies?
5) Explain the Learning-by-Doing model of Kenneth Arrow.
C. Short Answer Questions
2x3x5-30 marks6) Differentiate between:
(a) Exogenous Growth and endogenous growth.
(b) Capital-augmenting technical change and capital-deepening technical change.
(c) Market Failure and Government Failure.
7) Write short notes on the following:
(a) Lorenz Curve.
(b) Growth Accounting.
(c) Convergence.
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