MEC 002 Solved Assignment 2021-22
MACROECONOMIC ANALYSIS
Course
Code: MEC 002
Assignment
Code: MEC 002/2021-22
Total
Marks: 100
MEC
002 Solved Assignment 2021-22 : All assignments are in PDF format which would
be send on email/WhatsApp (9958676204) just after payment.
Note: Answer all the questions. While questions in
Section A carry 20 marks each (to be answered in about 500 words each) those in
Section B carry 12 marks each (to be answered in about 300 words each). In the
case of numerical questions word limits do not apply.
Section A
1. What is meant by steady state in the Solow model?
Explain how Golden Rule is different from steady state.
2. Explain how the permanent income hypothesis
reconciles the difference between short-run and long-run consumption behavior.
Section B
3. Policy makers should stick to rules instead of
pursuing discretionary polices. Do you agree with the above statement?
Substantiate your answer.
4. Explain in brief the salient features of real
business cycle theory. In what respects is it different from other theories of
business cycle?
5. Explain why firms may offer a higher wage to workers
than the equilibrium wage rate.
6. Bring out the important issues on which Lucas
criticizes Keynesian macroeconomics. To what extent the New-Keynesian
economists have accepted these criticisms?
7. Write short notes on the following.
i) Rational expectations and adaptive expectations
ii) Non-accelerating Inflation Rate of Unemployment
MEC 002 Solved Assignment 2021-22, MEC 002 Solved Assignment
2021-22 , MEC 002 Solved Assignment 2021-22, MEC 002
Assignment, IGNOU Assignment MEC 002 2021-22- Gandhi National
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MEC
002 Solved Assignment 2021-22 : 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 2021-22 :- 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 2021-22 only after 3-4 weeks. MEC 002 Solved
Assignment 2021-22 it'd take 40 days to declare MEC 002 Solved Assignment
2021-22
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