Ignou Solved Assignment- MA |MEC-002 Microeconomic Analysis in Hindi Medium

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Ignou Solved Assignment- MA |MEC-002 Microeconomic Analysis in Hindi Medium

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Master of Arts (Economics) Ignou Tutor Marked Assignment (TMA) 2018-19

Assignments carry 30 per cent weightage in a course and it is mandatory that you have to secure at least 40 per cent marks in assignments to complete a course successfully. Note that you have to submit the assignments before appearing in Term End Examination of a course.

Last Date For July 2018 session, you need to submit the assignments by March 31, 2019, and for January 2019 session by September 30, 2019 for being eligible to appear in the term-end examination. Assignments should be submitted to the Coordinator of your Study Centre. Obtain a receipt from the Study Centre towards submission.

MEC-002: MICROECONOMIC ANALYSIS Tutor Marked Assignment (TMA) Questions.

1. Compare and contrast between the Ramsey model for the central planner and the Solow model for economic growth (your answer should include the assumptions, important equations, phase diagram and its interpretation).
2. Explain, through appropriate IS-LM curves, the type of monetary and fiscal policies a government should take to deal with recession in an open economy.

3. Explain how you can reconcile the long run vertical Phillips curve with the short run downward sloping Phillips curve.
4. If the assumptions of the Solow model are taken to be true, explain how growth rates converge across countries.
5. Bring out the salient features of the real business cycle theory.
6. What, according to Keynesian economists, are the factors that lead to rigidities in wages and prices?
7. Write short notes on the following.
a) Permanent income hypothesis
b) Rational expectation hypothesis

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