MEC 002 Solved Assignment 2022-23

 

MEC 002 Solved Assignment 2022-23

MACROECONOMIC ANALYSIS

MEC 002 Solved Assignment 2022-23 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

Course Code: MEC 002

Assignment Code: MEC 002/2022-23

Total Marks: 100

Note: Answer all the questions.

SECTION A

Answer the following questions in about 700 words each. The word limits do not apply in case of numerical questions. Each question carries 20 marks.

1. Explain the concept of steady state growth in the Solow model with appropriate diagram. Show that the golden rule of Phelps is not a steady state.

2. Differentiate between adaptive expectations and rational expectations. Explain why the shape of the Phillips curve changes when we introduce expectations in our analysis.

SECTION B

Answer the following questions in about 400 words each. Each question carries 12 marks.

3. Policy rules are better than discretionary policies. Justify the above statement in light of new classical macroeconomics.

4. Explain in brief the salient features of political business cycle theory.

5. Bring out the factors that lead to rigidity in wages and prices.

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6. Explain with appropriate diagrams why an economy with fixed exchange rate cannot pursue an independent monetary policy.

7. Write short notes on the following.

i) Inter-temporal utility maximization

ii) Real business cycle theory

MEC 002 Solved Assignment 2022-23 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

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MEC 002 Solved Assignment 2022-23 :- Those students who had successfully submitted their Assignments to their allocated study centers can now check their Assignment Status. Alongside --assignment status, they will also checkout their assignment marks & result. All this is often available in a web mode. After submitting the assignment, you'll check you MEC 002 Solved Assignment 2022-23 only after 3-4 weeks. MEC 002 Solved Assignment 2022-23 it'd take 40 days to declare MEC 002 Solved Assignment 2022-23

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