BCOG 171 Solved Assignment 2021-22

 

BCOG 171 Solved Assignment 2021-22

PRINCIPLES OF MICRO ECONOMICS

BCOG 171 Solved Assignment 2021-22 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

COURSE CODE : BCOG 171

COURSE TITLE : PRINCIPLES OF MICRO ECONOMICS

ASSIGNMENT CODE : BCOG 171/TMA/2021-22

COVERAGE : ALL BLOCKS

Maximum Marks: 100

Note: Attempt all the questions.

Section A

(This section contains five questions of 10 marks each)

Q.1 What do you understand by economic system? Discuss the various economic systems in their sequential order.

10

Q.2 Diagrammatically explain the concepts if income effect, substitution effect and price effect. Also show the manner in which price effect can be split up into income and substitution effects.

10

Q.3 Distinguish between fixed and variable inputs. What is the importance of this distinction in the theory of production?

10

Q.4 What is meant by income inequality? How is distribution of income different in the less developed countries from that in the developed countries?

10

Q.5 Explain the marginal productivity theory of distribution. Also state its assumptions.

10

Section B

(This section contains five short questions of 6 marks each)

Q.6 State the reasons on account of which almost every modern economy is a dynamic one.

6

Q.7 Explain the exceptions to the law of demand using the distinction between substitution and income effects.

6

Q.8 Explain the various determinants of supply of a commodity.

6

Q.9 What is monopoly? How is it different from perfect competition?

6

Q.10 How did classical economists explain distribution of income among various factors of production?

6

 

Section C

(This section contains four short questions of 5 marks each)

Q.11 ‘Scarcity is the mother of every economic system.’ Explain.

5

Q.12 Discuss the outlay method to find out price elasticity of demand.

5

Q.13 Explain the characteristics of monopolistic competition.

5

Q.14 Critically examine the law of equimarginal utility

5

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BCOG 171 Solved Assignment 2021-22 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

POST GRADUATE DIPLOMA IN AUDIO PROGRAMME PRODUCTION M.A. (B.COM (CBCS) ASSIGNMENTS

Dear Learner,

You have to submit one assignment in each course, i.e. BCOG 171, BCOG 171. All these are Tutor Marked Assignments (TMAs). Before attempting the assignments, please read the instructions provided in the Programme Guide carefully.

Kindly note, you have to submit these assignments to the Coordinator of your Study Centre within the stipulated time for being eligible to appear in the term-end examination. You must mention your Enrolment Number, Name, Address, Assignment Code and Study Centre Code on the first page of the assignment. You must obtain a receipt from the Study Centre for the assignments submitted and retain it. Keep photocopies of the assignments with you.

After evaluation, the assignments have to be returned to you by the Study Centre. Please insist on this and keep a record with you. The marks obtained by you will be sent by the Study Centre to the Student Evaluation Division at IGNOU, New Delhi.

Guidelines for Doing Assignments

There are five questions in each assignment, all carry equal marks. Attempt all the questions in not more than 500 words (each). You will find it useful to keep the following points in mind:

Planning: Read the assignments carefully. Go through the units on which they are based, make some points regarding each question and then rearrange them in a logical order

Organization and Presentation: Be analytical in your selection of the information for your answer. Give adequate attention to the introduction and the conclusion. Make sure that your answer is logical and coherent; has a proper flow of information.

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