IGNOU MEC 2 SOLVED ASSIGNMENT

MEC 2 Solved Assignment

MEC 2: Macroeconomic Analysis

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Title Name IGNOU MEC 2 SOLVED ASSIGNMENT
Type Soft Copy (E-Assignment) .pdf
University IGNOU
Degree MASTER DEGREE PROGRAMMES
Course Code MEC
Course Name Master of Arts in Economics
Subject Code MEC 2
Subject Name Macroeconomic Analysis
Year 2025 2026
Session -
Language English Medium
Assignment Code MEC 2/Assignment-1/2025 2026
Product Description Assignment of MEC (Master of Arts in Economics) 2025 2026. Latest MEC 02 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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MEC 2 2025 2026 - English

MEC-002: MACROECONOMIC ANALYSIS

Tutor Marked Assignments

(For the Students who have taken admission up to July 2022 Academic Cycle)

Course Code: MEC-002

Assignment Code: MEC-002/AST/2025-26

Maximum Marks: 100

Note: Answer all the questions. While questions in Section A carry 20 marks each, those in Section

B carry 12 marks each.

Section A

1. What is meant by steady state in the Solow model? Derive the conditions for steady state in an economy. What is the significance of decreasing returns in the Solow model?

2. Consider the overlapping generations model where each member lives for two time periods 't' and (t+1). Assume that individuals work in time period 't' and earn wage income, while they do not work in time period (t+1) and survive on interest income. Explain the impact of an increase in interest rate on consumption during time period 't'.

Section B

3. By using appropriate diagram, explain why inflation unemployment trade-off is not possible in the long run.

4. Critically evaluate the relevance and implications endogenous growth theory.

5. What do the IS and LM curves signify? Why is it called the neoclassical synthesis?

6. By using relevant macroeconomic theory, explain why prices and wages may not be flexible in an economy.

7. Write short notes on the following:

a) Lucas Critique

b) Absolute and Conditional Convergence


MEC 2 2025 2026 - Hindi

एमईसी-002ः समष्टि आर्थिक विश्लेषण

(सत्रीय कार्य)

सत्रीय कार्य को एनईसी-002/पाटी/2008-20

अविकतम बंक: 100

नोटः सभी प्रश्नों के उत्तर दें। खंड के प्रत्येक प्रश्न के 20 अंक हैं, जबकि सखंड के प्रत्येक प्रश्न के 12 अंक हैं।

खंड क

1. सोलो मॉडल में स्थिर अवस्था का क्या अर्थ है? किसी अर्थव्यवस्था में स्थिर अवस्था के लिए स्थितियों ज्ञात कीजिए। सोलो मॉडल में ज्ञासमान प्रतिफल का क्या महत्व है?

2. एक ऐसे अधिव्यापी पीढ़ी मॉडल पर विचार कीजिए जहाँ प्रत्येक सदस्य दो समयावधियों '' और (t+1) तक जीवित रहता है। मान लीजिए कि यहाँ व्यक्ति '१' समयावधि में काम करते हैं और वेतन आय अर्जित करते हैं, जबकि वे (t+1) समयावधि में काम नहीं करते हैं और ब्याज आय पर निर्वाह करते हैं। उक्त ५' समयावधि के दौरान ब्याज दर में वृद्धि का उपभोग पर प्रभाव स्पष्ट कीजिए।

खंड ख

3. उपयुक्त आरेख का प्रयोग करके समझाइए कि दीर्घ काल में मुद्रास्फीति-बेरोजगारी समन्वय क्यों संभव नहीं होता।

अंतर्जात संवृद्धि सिद्धांत की प्रासंगिकता एवं निहितार्थों का आलोचनात्मक मूल्यांकन कीजिए। 4.

IS और LM वक्र क्या दर्शाते है? इसे नियोक्लासिकल संश्लेषण क्यों कहा जाता है? 5.

6. उपयुक्त समष्टि-अर्थशास्त्रीय सिद्धांत का प्रयोग करके समझाइए कि किसी अर्थव्यवस्था में कीमतें और मजदूरी लचीली क्यों नहीं हो पातीं।

7. निम्नलिखित पर संक्षिप्त टिप्पणियों लिखिए

(क) लुकास समालोचना

(ख) निरपेक्ष और निरपेक्ष अभिकरण

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