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BECC 132: Principles of Microeconomics-II

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Title Name IGNOU BAM BECC 132 SOLVED ASSIGNMENT
Type Soft Copy (E-Assignment) .pdf
University IGNOU
Degree BACHELOR DEGREE PROGRAMMES
Course Code BAM
Course Name Four Year Under Graduate Programmes/Bachelor of Arts
Subject Code BECC 132
Subject Name Principles of Microeconomics-II
Year 2025 2026
Session -
Language English Medium
Assignment Code BECC 132/Assignment-1/2025 2026
Product Description Assignment of BAM (Four Year Under Graduate Programmes/Bachelor of Arts) 2025 2026. Latest BECC 132 2025-26 Solved Assignment Solutions
Last Date of IGNOU Assignment Submission Last Date of Submission of IGNOU BEGC-131 (BAG) 2025-26 Assignment is for January 2026 Session: 30th September, 2026 (for December 2025 Term End Exam).

Semester Wise
January 2025 Session: 30th March, 2026 (for June 2026 Term End Exam).
July 2025 Session: 30th September, 2025 (for December 2025 Term End Exam).
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📅 Important Submission Dates

  • July 2025 Session: 31st March, 2026
  • January 2026 Session: 30th September, 2026
  • July 2025 Session: 31st March, 2026
  • January 2026 Session: 30th September, 2026

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BECC 132 (July 2025 - January 2026) - ENGLISH

PRINCIPLES OF MICROECONOMICS - II

Tutor Marked Assignments

Course Code: BECC-132

Assignment Code: Asst /TMA/2025-26

Total Marks: 100

Assignment One

Answer the following Descriptive Category questions in about 500 words each. Each question carries 20 marks

1.

(a) Distinguish between public monopoly and private monopolist. How does public monopoly firm makes its price and output decisions? Illustrate.

(b) The following table shows the demand curve of a monopolist firm who produces at a constant marginal cost of Rs 10:

Price (in ₹) Quantity
18 0
16 4
14 8
12 12
10 16
8 20
6 24
4 28
2 32
0 36

a) Calculate the firm's marginal curve.

b) What are the firm's profit maximizing output and price?

c) What is its profit?

2. (a) What do you understand by the term 'market failure'? Explain the various sources of market failure. Which policy instruments can be resorted to regulate the inefficient market situations?

(b) What is production possibility frontier? How does the marginal rate of transformation relate to the production possibility frontier?

Assignment Two

Answer the following Middle Category questions in about 250 words each. Each question carries 10 marks.

3. Suppose a competitive firm has a total cost function TC(q)=450+15q+2q2 and marginal cost function MC(q)=15+4q. If the market price is P=Rs 115 per unit,

(i) Find the level of output produced by the firm.

(ii) Find the level of profit and the level of producer surplus.

4. How does equilibrium in an oligopolistic market is distinct from equilibrium in perfectly competitive market and monopolistic competition? Explain the Cournot's model of price and output determination under oligopoly.

5. Why does trade take place between two countries? Explain Ricardian theory of comparative advantage in this regard.

Assignment Three

Answer the following Short Category questions in about 100 words each. Each question carries 6 marks.

6. What are the objectives and guiding principles of WTO? Do you think that in the light of changing global world order, WTO has become less effective? Give reasons in support of your answer.

7. Identify the distortions that lead to failure in achieving the efficiency in perfectly competitive market.

8. Distinguish between any two of the followings:

(i) Marginal physical product and marginal revenue product.

(ii) Adverse selection and moral hazards.

(iii) Normal profit and abnormal profit.

9. State the distinction between modern theory of rent and Marshallian theory of rent.

10. In an economy of two commodities (X and Y) and two factors (L and K), how is general equilibrium of production reached?


BECC 132 (July 2025 - January 2026) - HINDI

बीईसीसी-132 : सूक्ष्म अर्थशास्त्र के सिद्धांत-II शिक्षक मूल्यांकित सत्रीय कार्य

पाठयक्रम कोड : बी.ई.सी.सी.-132 सत्रीय कार्य कोड: ए.एस.टी./टी.एम.ए./2025-26

कुल अंक : 100

सत्रीय कार्य-1

निम्नलिखित वर्णनात्मक श्रेणी के प्रत्येक प्रश्न का उत्तर (प्रत्येक का) लगभग 500 शब्दों में दें। प्रत्येक प्रश्न 20 अंक का है।

1.

(क) सावर्जनिक एकाधिकार तथा निजी एकाधिकारी फर्म में अंतर बतायें? रेखाचित्र की सहायता से व्याख्या करें कि एक सार्वजनिक एकाधिकारी फर्म अपने कीमत एवं उत्पादन की मात्रा का निर्धारण किस प्रकार करती है?

(ख) निम्नलिखित तालिका किसी एकाधिकारी फर्म के माँग वक्र का प्रदर्शन करती है जो 10 रूपये प्रति इकाई स्थिर सीमांत लागत पर उत्पादन कर रही है:

कीमत (रूपये में) मात्रा
18 0
16 4
14 8
12 12
10 16
8 20
6 24
4 28
2 32
0 36

(क) फर्म के सीमांत वक्र का आकलन करें।

(ख) फर्म को अधिकतम लाभ प्रदान करने वाले उत्पादन स्तर तथा कीमत क्या होगी?

(ग) उसका लाभ कितना होगा?

2. (क) बाज़ार की विफलता से आप क्या समझते हो? बाज़ार की विफलता के विभिन्न स्रोतों को बतायें। अदक्ष बाज़ार की स्थितियों में सुधार लाने हेतु कौन-कौन से नीतिगत संयंत्रों का प्रयोग किया जा सकता है?

(ख) उत्पादन संभावना वक्र क्या होता है? रूपांतरण की सीमांत दर (marginal rate of transformation) किस प्रकार उत्पादन संभावना वक्र से संबंधित है?

सत्रीय कार्य-2

निम्नलिखित मध्यम उत्तरीय प्रश्नों का उत्तर लगभग (प्रत्येक का) 250 शब्दों में देना है। प्रत्येक प्रश्न 10 अंक का हैं।

3. मान लीजिए कि एक प्रतियोगी फर्म का कुल लागत फलन (TC) = 450+15q+2q2 तथा सीमांत लागत फलन = 15+4q है। यदि वस्तु की बाज़ार कीमत = 115 रूपये प्रति इकाई है, तो

i. फर्म द्वारा उत्पादित उत्पादन के स्तर का आकलन करें।

ii. फर्म के लाभ स्तर तथा उत्पादक अधिशेष का आकलन करें।

4. अल्पाधिकार बाज़ार का संतुलन पूर्ण प्रतियोगी बाज़ार तथा एकाधिकारात्मक बाज़ार के संतुलन से किस प्रकार भिन्न है? अल्पाधिकार के अंतर्गत कीमत एवं उत्पादन निर्धारण के संबंध में कूर्नो मॉडल की व्याख्या करें।

5. किन्हीं दो देशों के बीच व्यापार क्यों होता है? इस संबंध में रिकॉर्डो के तुलनात्मक लाभ सिद्धांत की व्याख्या करें।

सत्रीय कार्य-3

निम्नलिखित लघु उत्तरीय प्रश्नों के उत्तर (प्रत्येक का) लगभग 100 शब्दों में देना है। प्रत्येक प्रश्न 6 अंक का है।

6. विश्व व्यापार संगठन WTO के उद्देश्य तथा निर्देशक सिद्धांत क्या है? क्या आप ऐसा मानते हैं कि बदलती हुए वैश्विक अर्थव्यवस्था के आलोक में WTO कम प्रभावी हो गया है? अपने उत्तर के समर्थन में कारण दें।

7. उन विकृतियों (distortions) की चर्चा करें जो पूर्ण प्रतिस्पर्धी बाज़ार में दक्षता प्राप्त करने के लक्ष्य को विफल करती हैं।

8. निम्नलिखित में से किन्हीं तीन के बीच अंतर बतायें।

i. सीमांत भौतिक उत्पाद तथा सीमांत आगम उत्पाद

ii. प्रतिकूल चयन तथा नैतिक खतरे

iii. सामान्य लाभ तथा असामान्य लाभ

9. लगान के आधुनिक सिद्धांत तथा मार्शल के सिद्धांत में अंतर बतायें।

10. दो वस्तुओं के उत्पादन (X and Y) तथा दो वस्तुओं के उत्पादन साधन (श्रम तथा पूंजी) वाली अर्थव्यवस्था में उत्पादन के संबंध में सामान्य संतुलन स्थिति को कैसे प्राप्त किया जा सकता है?

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