BECC-108 IGNOU Handwritten Assignment 2026-27
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Syllabus & Overview
Course Scope & Syllabus Overview for BECC-108: Intermediate Microeconomics-II
BECC-108: Intermediate Microeconomics-II is an advanced module under the IGNOU CBCS curriculum, designed to deepen students’ analytical understanding of market structures, equilibrium theories, and economic inefficiencies. This course builds on foundational microeconomic principles, emphasizing real-world applications in imperfect markets, welfare economics, and policy interventions. It prepares students for rigorous academic and professional analysis in economics, particularly within the Bachelor of Arts (Honours) Economics program. The syllabus integrates theoretical frameworks with practical case studies, ensuring students can critically evaluate market behaviors and policy outcomes.Key Syllabus Units & Topics
- Block-1 General Equilibrium: Explores the interplay between multiple markets, consumer and producer behavior in equilibrium, and the role of price mechanisms in resource allocation. Key concepts include Edgeworth Box analysis, Pareto optimality, and welfare economics.
- Block-2 Imperfect Competition-I: Examines monopolistic competition and oligopoly, focusing on market power, strategic interactions, and non-price competition. Topics include Bertrand and Cournot models, game theory applications, and brand differentiation.
- Block-3 Imperfect Competition-II: Delves into collusion, cartels, and market regulation, analyzing antitrust policies, price discrimination, and entry barriers. The unit also covers Stackelberg leadership and tacit collusion dynamics.
- Block-4 Market Failure: Investigates externalities, public goods, and information asymmetries, evaluating government interventions like taxes, subsidies, and regulation. The unit links theoretical models to real-world challenges like environmental degradation and healthcare access.
Frequently Asked Questions
Q: What is the marking scheme for the BECC-108 assignment, and how many questions are typically included?
A: The BECC-108 assignment carries 30 marks and usually consists of 3-4 long-answer questions, each requiring detailed analysis. Focus on clarity, economic reasoning, and direct application of syllabus concepts to earn full credit.
Q: Are there any specific pass marks for BECC-108, and how does the exam pattern differ from the assignment?
A: The BECC-108 exam is 100 marks, with a passing criterion of 40%. The exam includes theory (60 marks) and problem-solving (40 marks), while the assignment tests conceptual understanding without numerical problems.
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