Assignment I Define demand and discuss its various types (Demand Distinctions).

Write a note on the different demand determinants.(Factors affecting demand). What is elasticity of demand? Discuss the various demand elasticities (Price, Income, Cross and Advertising Elasticity). Explain the different methods of demand forecasting in short. Define Iso-quant and discuss its properties. Explain the profit maximization theory with the help of the Least-Cost Combination of inputs. Write a short note on Production Function. Assignment II Define cost and discuss the various factors affecting it. Briefly explain the various cost concepts. What do you mean by a market. List out characteristic features of the different market structures. (Perfect competition, monopolistic competition, monopoly and oligopoly) Explain the price output determination under Perfect Competition. What is monopolistic competition? How does a firm under such a market attain equilibrium? Define monopoly and discuss the monopoly firm's equilibrium under different situations. Write a note on Oligopoly market. Assignment III Define money and discuss its various functions. What is money supply? How is it measured? What is its relation with price and value of money? Write a note on functions of commercial banks. What is Central Bank? What are the functions of central bank? Define monetary policy and discuss the various monetary policy instruments. Write a note on Liquidity Preference Theory of Interest. What is International Trade? Write a note on Free Trade Vs Protection. Define Balance of Payment and discuss its structure. What is disequilibrium in BOP and how is it corrected? Define business cycle/trade cycle. Discuss the various phases/characteristic features of business cycle. Assignment IV Define National Income and discuss its gross and net concepts. Discuss the various methods of measurements of national income. Bring out a detailed discussion on the various difficulties faced in the national income accounting process. What do you mean by capital market? Discuss its structure. Explain the importance/role of a modern capital market. Write a note on Stock Exchange.