# FREE IGNOU EEC-11 SOLVED ASSIGNMENT 2018-19

EEC-11 FUNDAMENTALS OF ECONOMICS FREE IGNOU EEC-11 SOLVED ASSIGNMENT 2018-19 TMA (Coverage: Blocks 1 to 10) Programme Code: BDP
Course Code: EEC-11
Asst.Code: EEC-11/AST-1(TMA)/2018-19
Maximum Marks: 100
Section-A

# FREE IGNOU EEC-11 SOLVED ASSIGNMENT 2018-19

1. (a) How does equilibrium level of income is determined? Which factors do changes in the national income?

(b) Given Y= C + Y + G, C = C0 + b Y
I = I0 and G = G0 where C0 = 135,

(i) Find the equation for the equilibrium level of income in the reduced form.

(ii) Solve for the equilibrium level of income.

2. (a) Distinguish between price elasticity of demand and cross elasticity of demand. Explain with examples the importance of the concept of elasticity of demand.

### 5 Responses

1. Ritu says:

Thankyou so much u help me a lot

• Team Guffo says:

🙂

2. rushi says:

SIR EHI02 NOT FIND

3. Ritu says:

Ecc11 me first question ka answer kha h

4. arbind says:

Group b ka Hindi version ha kya

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