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IGNOU BECC 132 Solved Assignment Download 2023-2024 English
Programme | Bachelor of Arts (General) |
Course Code | BECC 132 |
Course Name | Principles of Microeconomics-II |
Language | English |
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BECC 132 Assignment Questions Download
Course Code: BECC-132
Assignment Code: Asst /TMA /2023-24
Total Marks: 100
S.no | There are three Assignments. All questions are compulsory. |
1 |
(a) Discuss the features of an Oligopolistic market structure. What are the various reasons that lead to emergence of this market structure? (b) With regards the Kinked demand curve theory given by Paul Sweezy, answer the following: (i) What does the kinked demand curve model of oligopoly assumes about the price elasticity of demand? (ii) Comment upon the discontinuous shape of the Marginal revenue curve under this model. 5 |
2 |
(a) A country can have a comparative advantage in producing a good even if it is absolutely less efficient at producing that good. Do you agree? Explain using an example. (b) Consider the following Table 1 which represents labour time (in minutes) requirements for the production of a unit of commodity X and Y by country A and B, and answer the questions that follow: (i) Which country among A and B has absolute advantage in producing commodity X and which has in producing commodity Y? Give reason. (ii) Which country among A and B has comparative advantage in producing commodity X and which has in producing commodity Y? Give reason. (iii)Suppose after trade each country specialises in production of commodity in which it has a comparative advantage, which country will specialise in producing commodity X? |
3 | What is meant by Pareto efficient allocation of resources? Is Perfect competition market equilibrium Pareto efficient? Discuss using appropriate diagrams. |
4 | Using appropriate diagram, show how interaction of demand and supply curve in land market leads to determination of equilibrium rent. |
5 | Discuss various forms of government interventions intended to internalize externalities. |
6 | Discuss Joseph Schumpeter’s theory of profit. |
7 | The concept of quasi-rent is an extension of the Ricardian concept of rent to other factors of production. Elucidate. |
8 | Discuss the concept of excess capacity associated with the long run equilibrium under Monopolistic competition |
9 | What has been the impact of the WTO on Indian economy? |
10 | What is meant by derived demand of a factor? |
11 |
BECC 132 Assignment Download PDF Principles of Microeconomics-II
You will have to do three Tutor Marked Assignments (TMA) for a six credit course and two TMAs
for a four credit course.
Assignment I has Descriptive Category Questions (DCQs). These are meant for writing essay type
answers, with an introduction and a conclusion.
Assignment II has Middle Category Questions (MCQs). These questions require you to first analyze
the topic in terms of arguments and explanations and then write the answers in a concise manner.
Assignment III has Short Category Questions (SCQs). These questions are meant to improve your
skill of recall in brief the relevant/precise information about persons, writing, events, or clear
understanding of concepts and processes.
Before you attempt the assignments, please read the instructions carefully provided in the
Programme Guide.
Important Notes on BECC 132 Principles of Microeconomics-II
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Write all the assignments with your own hand. Do not write to anyone else in a quick affair. This assignment can also be cancelled.
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The weight of IGNOU assignment is: 30% in total marks, so take this carefully.
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Submit the assignment to the teacher of your learning center before due date.
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Viva Voce is mandatory while submitting the Assignment. If any one student Assigns the assignment and does not give viva voce, its assignment Will not be successfully completed and will be marked as ZERO
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Last date of IGNOU BECC 132 Principles of Microeconomics-II Assignment Submission ?
- For July 15th April Session
- December 15th October Session
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FAQ On BECC 132 English Principles of Microeconomics-II
BECC 132 Principles of Microeconomics-II
if Your Admission in July: 30 April
If Your Admission in January : 31 October
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