-50%

BECC-134 EM 2022-23 SOLVED ASSIGNMENT

50.00

PRINCIPLES OF MACROECONOMICS II
Tutor Marked Assignments
Course Code: BECC-134
Assignment Code: Asst /TMA /2022-23

ENG MED

Description

PRINCIPLES OF MACROECONOMICS II
Tutor Marked Assignments
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

Reviews

There are no reviews yet.

Be the first to review “BECC-134 EM 2022-23 SOLVED ASSIGNMENT”

Your email address will not be published. Required fields are marked *