BECC 134 Solved Assignment 2022-23
PRINCIPLES OF MACROECONOMICS II
Course Code: 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.
BECC 134
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Principles of Microeconomics – 2 Solved Assignment 2022-23 : Those
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134 Solved Assignment 2022-23 Once the TEE assignments have been submitted
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Solved Assignment 2022-23 Once the TEE assignments are submitted to the
Centres, it's send to the evaluation department. After which the evaluation of
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