| April 26th, 2017 04:27 PM | |
| Vishal Kotkar | Re: eec 11 ignou The Indira Gandhi National Open University has a EEC branch. In this branch fundamental economy has code are 11. EEC code 11 question paper of Indira Gandhi National Open University    EEC code 11 question paper of Indira Gandhi National Open University: A) Long Answer Questions (Answer in about 500 Words each) 1. Distinguish between price elasticity of Demand and Cross elasticity of Demand with graphical presentation. How can you measure the elasticity of demand? Explain with example how the concept of elasticity of demand is useful for an industry in its decision making process? 2. State the constituents of National Income in three phases viz production, income and expenditure. How National income is measured in India? Explain the problems and difficulties encountered in computation of National Income in India. Section B B) Medium Answer Questions (Answer in about 250 Words each) 3. Explain the relationship between average product and average variable cost curve? Why the short run average cost curve is of U shape? 4. What is price discrimination? How does a price discriminating monopoly firm decide total output and price to be charged in each market? 5. Do you agree that wage rate becomes indeterminate in a situation when monopolistic producer bargains with monopolistic trade union? Give reasons in support of your answer. 6. Explain the difference between Keynesian and Friedman’s versions of demand for money. Section C C) Short Answer Questions (Answer in about 100 Words each) 7. Distinguish between any three of the following: i) Demand and demand function ii) Fiscal deficit and Revenue deficit iii) Commodity terms of trade and income terms of trade iv) Multiplier and Accelerator v) Partial and general equilibrium 8. Explain any three of the followings: i) Opportunity cost ii) Liquidity trap iii) Philips curve iv) Externality v) Marginal propensity to consume vi) Substitution effect |
| April 26th, 2017 04:25 PM | |
| Unregistered | Re: eec 11 ignou Hello sir, is there any one can provide me here EEC code 11 question paper of Indira Gandhi National Open University? |
| June 15th, 2016 10:51 AM | |
| Kavita | eec 11 ignou Discuss about eec 11 ignou here. Welcome to Courses.ind.in and this page is for eec 11 ignou discussion. If you are looking for information on eec 11 ignou then ask your question is as much details as possible in the “Reply” box provided below. The more detailed your question will be, the more easy will it be for our experts to answers your query. And if you have any updated or latest information on eec 11 ignou, then please share you knowledge with our experts in the “Reply” box below. Your reply will be published here and your knowledge can help many people. Thanks for stopping by at Courses.ind.in. Please visit again. |
