Solutions Of BECC-101 TEE Questions (June 2024)
Explanations are clear, with key concepts, reasoning, and where relevant, descriptions of graphs.
Explanations are clear, with key concepts, reasoning, and where relevant, descriptions of graphs.
All sections answers.
I’ve selected representative questions to cover the paper comprehensively.
I’ve selected Question 1 from Section A (approximately 500 words), Questions 5, 6, 7, and 10 from Section B (approximately 250 words each), and both from Section C (approximately 100-150 words each, as short-answer style).
Both models are linear in parameters, so OLS works directly.
Nash equilibrium is the point where every player is already playing their best possible move assuming everyone else keeps doing what they’re currently doing.
I’ve covered Mundell-Fleming model and Swan Diagram.
I’ve covered Slutsky Substitution effect and some important definitions like Isoquants.
In this article, I’ve covered LDE and Shephard Lemma.
With examples for better understanding.