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solved assignment code 402

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Aiou code 402 economics solved assignments spring and autumn.

AIOU Code 402 Economics Solved Assignments Spring And Autumn Allama Iqbal Open University (AIOU) performs an important function in offering accessible and high-quality schooling to various scholar inhabitants . As a part of its curriculum, University students usually encounter challenges in finishing assignments, and AIOU Code 402 Economics isn’t an exception. On this weblog , we are going to delve into the importance of Code 402 Economics, the challenges University students face, and supply a piece of complete information to fix assignments for each Spring and Autumn semester.

Understanding AIOU Code 402 Economics:

AIOU Code 402 is part of the Bachelor’s program, particularly specializing in Economics. This course’s goal is to equip University students with a stable basis for financial ideas , theories, and purposes . The assignments for Code 402 are designed to evaluate University students ‘ comprehension of financial ideas and their potential to use them in real-world situations .

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AIOU Solved Assgnment Economics 402

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AIOU Solved Assgnment Economics 402 BA Associate degree Autumn 2023

ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

Table of Contents

(Department of Economics)

  • PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
  • SUBMITTING ASSIGNMENT(S) BORROWED OR STOLEN FROM OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN “AIOU PLAGIARISM POLICY”.

                  

Course: economics (402)                                                       semester: autumn, 2023, level: b.a/associate degree                                                                                       , please read the following instructions for writing your assignments. (ssc, hssc & ba programme).

1.      All questions are compulsory and carry equal marks but within a question the marks are distributed according to its requirements.

2.      Read the question carefully and then answer it according to the requirements of the questions.

3.      Late Submission of assignments will not be accepted.

4.      Your own analysis and synthesis will be appreciated

5.      Avoid irrelevant discussion/information and reproducing from books, study guide or allied material.

Total Marks: 100                                                                        Pass Marks (BA): 40                        Pass Marks (AD): 50

        .

ASSIGNMENT No. 1

(Units 1-4)

Q.1    Is economics positive or negative science?

What are considerations on the basis of those economic systems can be differentiated from one another?

What are the determinants of an economic system?

Also enumerate different economic systems and then write a note on the functions of free enterprises.

What is the relationship between the law of demand and law of equi-marginal utility?

Derive the demand curve of a market from the market demand schedule.

show the rise and fall of demand with the help of an hypothetical demand schedule and diagram.                                                                                         

Q.3   Explain the division of price effect into substitution effect and income effect with the help of indifference curves and budget line in Giffon good case. Also derive the demand curve for Giffongood  from the said diagram.  (20)

Q.4   What is meant by supply and demand elasticity? In which situation unitary elasticity of supply prevails? How does the change in elasticity of supply determine the slope of supply curve? Explain with the help of formula and diagram.           (20)

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

         a)      Concept of consumer surplus.

         b)      Geometric measurement of point elasticity.

         c)      Break-even point of a competitive firm.

         d)      Long-run supply curve of an industry.

Total Marks: 100                                                                       Pass Marks (BA): 40

                                                                                                   Pass Marks (AD): 50

ASSIGNMENT No. 2

(Units 5-8)

Q. 1   (a)     What do you understand by the term “market” as it used by the economist? Also differentiate among local, national and international markets. Give examples of some commodities and link them to above said types.

         (b)     Make a comparison between differentiated oligopoly and monopolistic competition with the help of diagrams.                                                                                                            (20)

Q. 2   Can the equilibrium out put of a firm be established if the marginal cost intersects the marginal revenue from above? Explain with the help of diagrams in case of perfect competition and monopoly. Also differentiate between duopoly and monopoly. Can this difference be shown diagrammatically? Explain.         (20)

Q. 3   Whether the large scale production be necessarily beneficial or some loss would be expected? If you know any local factory owners, why not discuss with them what the economies of scale might be available in practical terms in their particular area of business and industry. Write the conclusion of this discussion as a note.        (20)

Q. 4   What is a wage? Also discuss different theories of wage and its types in detail. (20)

Q.5   a)      What is median? What is median of a grouped data? Explain with the help of

                  formula.                                                        (20)                                       

         b)      Find the median by using following table of grouped data.

ASSIGNMENT No. 3

(Units 9-13)

Q.1   What is meant by internationally accepted symbols and identities of the simple economy? Why are the basic identies modified? Write down the identies in the full economy. Also write a discussion on the aim of national income accounting and its general problems.                                                               (20)

Q.2   Differentiate between multipier and accelerator Also explain the following concepts.

         a)      Consumption multiplier      b)    Dynamic multiplier.

         c)      Foreign trade multiple         d)    Acceleration effect on investment.         (20)

Q.3   How does the general acceptance characteristics of money play role in its definition? Differentiate between supply of money and stock of money. Also enumerates the different components of money supply. (20)

Q.4   Differentiate between the saving bank and commercial bank. Discuss the role of commercial bank in credit creation. How do commercial banks affect the daily life business through discounting of bills, purchasing of bond and securities and over drafting. Discuss by giving examples from daily life experience. (20)

Q.5   What is the relationship between purchasing power parity and exchange rate? Also give an overview of purchasing power parity theory in a critical manner.                                                          (20)

Total Marks: 100                                                                        Pass Marks (BA): 40

ASSIGNMENT No. 4

(Units 14-18)

Q.1   Our exports seem to be insufficient to meet the ned of foreign reserves in Pakistan. Can deficiency in foreign reserves be overcome by reducing our imports (or payment to the foreigners in foreign currency). Suggest a suitable policy to increase the foreign exchange reserves of Pakistan.                            (20)

Q.2   What is the volume of government debt in the current year? (Consult “Pakistan Economic Survey 2022-23”). How can the volume of government debt be decreased by increasing government taxes? Suggest some suitable policy.         (20)

Q.3   How the budget deficit is financed? Discuss the objectives and effects of deficit financing on the economy. What is the relationship between deficit financing and economic stability? Explain.   (20)

Q.4   Discuss the economic growth and social welfare as a criteria of measuring development of a country. Write a note on the two important sectors for the economic development of Pakistan i.e. industrial and agriculture sectors. Also update the data of table 17.2 from 2008-09 to 2021-22 (see Pakistan Economic Survey 2022-23) stability and development of a country? Enumerate a logical discussion in detail.

                                                                                                                              (20)

Q.5   Discuss different forms of economic planning. Also suggest some planning to cope with the crises of balance of payment and employment in Pakistan(to complete above discussion write down the relevant discussion form last topic of unit 17 “ Other key Areas”).                                                                                 (20)

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solved assignment code 402

AIOU Course Code 402 Solved Assignments

Here we are providing the assignments solution of 402 code Economics. 402 code has four assignments and their solution is given below.

402 Code Assignments Solution Autumn 2023

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402 Economics (English Medium)

Aiou course code 402 solved assignment spring 2023, assignment no 1, assignment no 2, assignment no 3, assignment no 4.

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AIOU Solved Assignments BA Code 402 Economics

 aiou solved assignments ba code 402 economics download pdf read online.

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AIOU  BA code 402 Solved Assignments 

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Assignment No.1 Assignment No.2 Assignment No.3 Assignment No.4 Read More:  Aiou Solved Assignments Code 404 BA Aiou solved assignments ba spring 2021

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Economics Code No. 402 Past Papers | AIOU

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Download and view past papers for Economics code number 402 (AIOU) for the semester of spring and autumn. It is a 6 credit hours book.Old papers will provide a clear understanding of important areas or parts of the subjects. Also previous examinations papers will provide a guess for the upcoming examination.Below table provide past papers. Click on the link to view:

Related Subjects

  • Islamiat (Compulsory) (416)
  • Pakistan Studies (417)
  • Ethics (For Non-Muslims only) (418)
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  • Advance Accounting (444)
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  • Mercantile Law (460)
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Economics Code 402, Urdu Code 404,   Sociology (Imraniate ) Code 411 and code 413, Islamiat Compulsory code 416 , Pak Study code 417, Education Code 419, Mass Education Code 429,   Journalism Code 430, Islamic Elective Code 437, Sirat e Tayba Code 436, Principle of Accounting Code 438, Accounting code 444, Cost Accounting code 462, Business Mathematics and Statistics Part one (1) Code 1429,   Business Mathematics and Statistics Part 2 (two) Code 1430. Computer Code 1431.

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Economics Code 402 Assignments of Spring 2023

Economics code 402 assignment number 1.

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Economics code 402 assignment number 3, economics code 402 assignment number 4.

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First and foremost Assignments are an essential part of the students. Because this plays a very important role, moreover , you can’t clear your semester without assignments. Most Importantly send your assignments on time. However, you can not pass exams without assignments. In other words, your attendance in exams is wasteless.

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You will be considered to fail without submitting your assignment. In other words, even if you get 95% marks in the examination you will be considered as fail. If you clear your assignments, you have the chance to appear in the examination. Therefore you can have 3 attempts to appear.

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Pakistan studies (9402): aiou solved assignment for autumn 2019: (bs: odl).

solved assignment code 402

Economics (402) BA Autumn 2023 Solved Assignments

April 4, 2023 Sarfraz Allma Iqbal Open University 0

Note: We Can Not Post The Solution Of The Assignment Because AIOU is Not Allowed To Share The Solution Of the Assignment. We Are Just Sharing The Question of Assignment .

The earlier term was political economy. It is adapted from the French Mercantilist usage of économie politique, which extended economy from the ancient Greek term for household management to the national realm as public administration of the affairs of state. Sir James Steuart (1767) wrote the first book in English with ‘political economy’ in the title, explaining that just as: Economics (402) BA Autumn 2023 Solved Assignments .

The economy in general [is] the art of providing for all the wants of a family, [so the science of political economy] seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide everything necessary for supplying the wants of the society and to employ the inhabitants. IIn such manner as natural to create reciprocal relations and dependencies between them, so as to supply one another with reciprocal wants.

Updates Assignment 2023

According to the American Economic Association. So, those resources include the time and talent people have available, the land, buildings, and equipment. And other tools on hand and the knowledge of how to combine them to create products and services. So, Economics is the social science that studies the choices that individuals, businesses, and governments. But and entire societies make as they cope with scarcity and the incentives that influence and reconcile those choices. For example, a farmer can grow paddy, sugarcane, banana, cotton, etc. in his garden land. But he has to choose a crop depending on the availability of irrigation water.

Economics is the science that deals with the production, exchange, and consumption of various commodities in economic systems. It shows how scarce resources can be use to increase wealth and human welfare. The central focus of economics is on the scarcity of resources and choices among their alternative uses. The resources or inputs available to produce goods are limited or scarce. This scarcity induces people to make choices among alternatives. And the knowledge of economics is used to compare the alternatives for choosing the best among them.

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