BECC-106 INTERMEDIATE MACROECONOMICS-I in English Solved Assignment 2024-2025

BECC-106 INTERMEDIATE MACROECONOMICS-I Solved Assignment 2024-2025

Course Code: BECC-106
Assignment Code: ASST/BECC 106/ 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. 2 × 20 = 40
1) Specify the IS and LM equations. Find out the impact of changes in the parameters of the IS
and LM equations on interest rate and output.
2) Describe the role of financial markets in an economy. Give a brief account of the
various types of financial markets.
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 × 10 = 30
3) How do you reconcile the vertical long run Phillips curve with the downward sloping
short run Phillps curve? Explain through a diagram.
4) Explain why fiscal policy may not be effective in an economy with flexible exchange
rate.
5) What is meant by rational expectations? What are its implications?
Assignment III
Answer the following Short Category Questions in about 100 words each. Each question carries
6 marks. 5 ×6 = 30
6) State the reasons behind exchange rate overshooting.
7) What are the implications of policy ineffectiveness proposition?
8) Distinguish between nominal exchange rate and real exchange rate.
9) explain the concept of the natural rate of unemployment.
10) Explain how the deficit on current account is settled.

BECC-106, BECC 106, BECC106