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  #2  
3rd September 2015, 10:09 AM
Super Moderator
 
Join Date: May 2012
Re: EEC 11 IGNOU Question Papers

Here I am giving you EEC Question Papers of Indira Gandhi National Open University (IGNOU), please have a look

EEC-11 : Fundamentals Of Economics

Note : Answer questions from all sections as per instructions.

SECTION - A
Attempt any two questions from this section in
about 500 words each.
2x20=40
1. 'Economics is a science of choice-making'. Explain
this statement with the help of production
Possibility curve.

2. With the help of indifference curves, distinguish
between Income Effect and Substitution Effect.
Also draw an Income Consumption Curve if one
of the two commodities is an inferior good.
3. What do you mean by demand for money ?
Describe different motives for holding money as
propounded by Keynes






Rest of the questions here I am attaching pdf file which is free for download…
Attached Files
File Type: pdf EEC 11 IGNOU Question Papers-1.PDF (91.5 KB, 668 views)
File Type: pdf EEC 11 IGNOU Question Papers.PDF (81.0 KB, 504 views)
  #3  
12th September 2019, 09:26 AM
Unregistered
Guest
 
Re: EEC 11 IGNOU Question Papers

Hi buddy here I am looking for IGNOU EEC-011 : Fundamentals Of Economics Question Papers , so will you plz let me know from where I can collect its question paper here ??
  #4  
12th September 2019, 09:27 AM
Super Moderator
 
Join Date: Aug 2012
Re: EEC 11 IGNOU Question Papers

As you want here I am giving bellow IGNOU EEC-011 : Fundamentals Of Economics Question Papers so on your demand :

SECTION - A
Attempt any two questions from this section in
about 500 words each. 2 20=40
1. 'Economics is a science of choice-making'. Explain
this statement with the help of production
possibilities curve.
2. What do you understand by balance of
payments ? What are the components of balance
of payments account ?
3. What is consumption function ? State the factors
that determine the level of consumption in an
economy. Also bring out the relationship between
APC and APS.
4. Explain the meaning of IS and LM curves. How
does an economy realise equilibrium in both goods
and money market ?

SECTION - B
Attempt any four questions from this section in
about 250 words each. 4 12=48
5. What is short-run production function ? Explain
the law of variable proportions with the help of a
diagram.
6. Bring out the relationship between Average Cost
and Marginal Cost. Can average cost be falling
while marginal cost rises ?
7. Describe the determination of equilibrium price
and quantity under simple monopoly.
8. Explain quantity theory of money. What are its
implications ?
9. 'Is profit a reward for innovation' or is it a 'reward
for bearing risk and uncertainty' ? Explain.
10. What is inflation ? How is inflation measured
through index number ?


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