ASSIGNMENT OF 402 ECONOMICS SEMESTER AUT 2021


ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

(Branch of Economics)

 

Course: Economics (402)                                                                                                                        Semester: Autumn, 2021

Level: BS

 

Kindly read the accompanying guidelines for composing your tasks. (Advertisement, BS, BEd, MA/MSc, MEd, MPhil and Ph.D.)

1.         All inquiries are obligatory and convey equivalent checks however inside an inquiry the imprints are dispersed by its necessities.

2.         Read the inquiry cautiously and afterward respond to it as indicated by the necessities of the inquiries.

3.         Handwritten checked tasks are not adequate.

4.         Upload your composed (in Word or PDF design) tasks before the due date.

5.         Late tasks can't be transferred on LMS.

6.         Your own examination and blend will be valued.

7.         Avoid insignificant conversation/data and recreating from books, concentrate on a guide of the associated material.

 

All out Marks: 100     Pass Marks: 50

Task No. 1

(Units 1-4)

 

Q.1    Write a note on the topic and extent of financial aspects in detail.    (20)

 

Q.2    What is a law of satiable needs? Additionally, compose a note on the presumptions and special cases of this regulation in detail.     (20)

 

Q.3    What is implied by detachment bends? Clarify with the assistance of the outline. Additionally, compose a note on the properties of lack of interest curves.   (20)

 

Q.4    What is implied by the balance of a firm? Clarify the connection between the complete expense and all-out income for a situation of harmony of a firm under ideal contest with the assistance of a table and diagram.     (20)

 

Q.5    Write a note on the following:  (5+5+5+5=20)

          a)       Price versatility of interest.

          b)       Demand bend if there should be an occurrence of second rate great case.

          c)       Income impact of a cost change.

          d)       Equilibrium of a purchaser and cash.

 

Complete Marks: 100   Pass Marks: 50

Task No. 2

(Units 5-8)

 

Q.1    Explain the idea of the market. Likewise, compose a broad conversation on the kinds

of the market as for their (a) geological area (b) time (c) rivalry (d) product. (20)

 

Q.2    Explain the harmony of a firm under monopolistic contest with the assistance of charts in the short-run and long-run.         (20)

 

Q.3    Define association and talk about its need and significance. Likewise, specify and clarify elements of a business person and the various types of organisation in detail.               (20)

 

Q.4    What is implied by the hypothesis of negligible efficiency? Likewise clarify the connection between factor supply and their peripheral usefulness with the assistance of a table and chart connected with all-out, minimal and normal products.  (20)

 

Q.5    What is a condition? Talk about various sorts. Additionally find the worth of x from the accompanying equations.        (20)

          i)        4x + 3x = 40 + 30 +21

          ii)       6x + 6 = 3x + 18

 

Absolute Marks: 100    Pass Marks: 50

Task No. 3

(Units 9-13)

 

Q.1    Differentiate between GNP at current worth and at genuine or consistent worth. For what reason is the capital stock significant? Additionally show how capital stock is connected with esteem added and deterioration. Show the worth added construction of the accompanying areas:

          (a) Private ventures (b) government area (c) monetary enterprises     (20)

 

Q.2    Discuss Keynesian perspective with regards to the connection among pay and utilization or law of utilization and its suspicions. Additionally examine the impacts of unbiased and abstract variables on utilization function.     (20)

 

Q.3    What is cash? Likewise compose a note on the stock of cash and its parts in detail.               (20)

 

Q.4    Discuss the chronicled advancement of present-day current financial framework. What is the distinction between the elements of national bank and that of business ones? Explain.                (20)

 

Q.5    Write a broad conversation on the cutting edge hypothesis of worldwide trade.   (20)

 

Complete Marks: 100   Pass Marks: 50

Task No. 4

(Units 14-18)

 

Q.1    What is conversion standard control? Additionally compose a note on the goals and techniques for conversion standard control.         (20)

 

Q.2    What are charges? Additionally compose a note on the arrangement of charges in detail.          (20)

 

Q.3    What is job of financial arrangement in the assurance of pay of a country? Additionally show the impact of monetary arrangement with the assistance of the idea of multiplier and a chart in the accompanying cases:     (20)

          a)       Government consumptions

          b)       Taxes

 

Q.4    Define financial turn of events. How does political dependability influence the advancement of a country? Identify a sensible conversation in detail.        (20)

 

Q.5    Define arranging. Additionally demonstrate with appropriate contentions why the arranging is significant for a nation like Pakistan?        (20)


                                download