IGNOU MEC 102 Solved Assignment 2023-24 Pdf Download

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First question of this assignment;

  • Discuss how an economy achieves equilibrium in the IS-LM model. What do the points outside the IS curve signify? Highlight the factors that influence the IS and the LM curves.
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IGNOU MEC 102 Assignment 2023-24 Question Paper

Whereas, You can easily take the IGNOU MEC 102 solved assignment 2023-24 pdf download facility. But , Here we shared all the questions of this assignment for more clarification.

1. Discuss how an economy achieves equilibrium in the IS-LM model. What do the points outside the IS curve signify? Highlight the factors that influence the IS and the LM
curves.
2. Discuss the important features of new-classical macroeconomics. What are the major policy issues highlighted by new-classical economics?
Section B
Answer the following questions in about 400 words each. Each question carries 12
marks.
3. Specify a loss function and interpret it. What is meant by dynamic inconsistency?
4. Differentiate between adaptive expectations and rational expectations. Explain why the shape of the Phillips curve changes when we introduce expectations in our analysis.
5. Bring out the factors that lead to rigidity in wages and prices.
6. Describe the importance of public debt in an economy. Under what conditions is public
debt not sustainable in an economy?
7. Write short notes on the following.
i) Inter-temporal utility maximization
ii) New-Keynesian macroeconomics

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