BECC-103 INTRODUCTORY MACROECONOMICS in English Solved Assignment 2024-2025

BECC-103 INTRODUCTORY MACROECONOMICS Solved Assignment 2024-2025

Course Code: BECC-103
Assignment Code: ASST/BECC 103/ 2024-25
Total Marks: 100

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. 20 × 2 = 40
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 in about 250 words each. Each question
carries 10 marks. Word limit does not apply in the case of numerical questions. 10 × 3 = 30
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 in about 100 words each. Each question carries
6 marks. 6×5 = 30
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

BECC-103, BECC 103, BECC103