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IGNOU BECC-134
- Principles of Macroeconomics-II,
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(July 2020 - January 2021)

IGNOU
BECC-134

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IGNOU BECC-134 July 2020 - January 2021 - Solved Assignment

Are you looking to download a PDF soft copy of the Solved Assignment BECC-134 - Principles of Macroeconomics-II? Then GullyBaba is the right place for you. We have the Assignment available in English and Hindi language.

This particular Assignment references the syllabus chosen for the subject of Economics, for the July 2020 - January 2021 session. The code for the assignment is BECC-134 and it is often used by students who are enrolled in the BAG Degree.

Once students have paid for the Assignment, they can Instantly Download to their PC, Laptop or Mobile Devices in soft copy as a PDF format. After studying the contents of this Assignment, students will have a better grasp of the subject and will be able to prepare for their upcoming tests.

IGNOU BECC-134 (July 2021 - January 2022) Assignment Questions

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.

1) Describe the IS-LM model of simultaneous equilibrium in goods and money markets. What do the points outside the IS and LM curves indicate? Use appropriate diagrams to substantiate your answer.

2) Derive AD curve from the IS-LM model. What are the factors that lead to a shift in the AD curve?

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) Distinguish between demand pull and cost push inflation.

4) What is the significance of the traditional Phillips Curve? Why does the shape of the Phillips Curve change when we introduce expectations into our analysis?

5) Explain why there could be a conflict between external and internal balance.

Assignment III

Answer the following Short Category Questions in about 100 words each. Each question carries 6 marks.

6) Give a brief account of the factors lead to a shift in the aggregate supply curve.

7) Distinguish between nominal exchange rate and real exchange rate.

8) Explain the concept of stagflation.

9) In the IS-LM model, explain why the economy always moves towards the equilibrium point.

10) State the difference between absolute PPP and relative PPP.

IGNOU BECC-134 (July 2020 - January 2021) Assignment Questions

  1. (a) Briefly explain the implications of the IS curve. What does a point outside the IS curve mean? What do the position and slope the IS curve imply?
    (b) Briefly explain the implications of the LM curve. What does a point outside the LM curve mean? What do the position and slope of the LM curve imply?
  2. Define AS curve. What is its shape? Explain the factors that influence the AS curve.
  3. Define inflation. Explain the manner in which inflation affects the following sections of society:
    (i) wage earners, (ii) borrowers, (iii) savers, and (iv) producers.
  4. Explain why the Phillips curve would be downward-sloping in the short run and vertical in the long run.
  5. Derive AD curve from the IS-LM model. What are the factors that influence the slope of the AD curve?
    Explain the concept of natural rate of unemployment.
  6. Distinguish between fixed and flexible exchange rate regimes.
  7. Distinguish between nominal exchange rate and real exchange rate.
  8. Explain the impact of supply shocks on output and price levels.
  9. In the IS-LM model, explain why the economy always moves towards the equilibrium point.

IGNOU BECC-134 (July 2021 - January 2022) Assignment Questions

IGNOU BECC-134 (July 2020 - January 2021) Assignment Questions

BECC-134 Assignment Details

  • University IGNOU (Indira Gandhi National Open University)
  • Title Principles of Macroeconomics-II
  • Language(s) English and Hindi
  • Session July 2020 - January 2021
  • Code BECC-134
  • Subject Economics
  • Degree(s) BAG
  • Course Core Courses (CC)
  • Author Gullybaba.com Panel
  • Publisher Gullybaba Publishing House Pvt. Ltd.

Assignment Submission End Date

The IGNOU open learning format requires students to submit study Assignments. Here is the final end date of the submission of this particular assignment according to the university calendar.

  • 15th July 2021 (if Enrolled in the July 2020 Session)
  • 30th Sept. 2021 (if Enrolled in the January 2021 Session).

Download Files & Sessions Details

Here are the PDF files that you can Download for this Assignment. You can pick the language of your choice and see other relevant information such as the Session, File Size and Format.

English Language

  • July 2021 - January 2022 12 Pages (0.00 ), PDF Format SKU: IGNGB-AS-BAG-BECC134-EN-
  • July 2020 - January 2021 25 Pages (0.00 ), PDF Format SKU: IGNGB-AS-BAG-BECC134-EN-

Hindi Language

  • July 2021 - January 2022 11 Pages (0.00 ), PDF Format SKU: IGNGB-AS-BAG-BECC134-HI-
  • July 2020 - January 2021 29 Pages (0.00 ), PDF Format SKU: IGNGB-AS-BAG-BECC134-HI-

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  • All Solved Answers By IGNOU Experts.
  • Available for 5 Times for Download.
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  • Print Ready Format: A4 (21 x 29 x .20 cm (Width x Length x Height)