NMIMS Solved Assignment Micro Economics & Macro Economics Dec 2026

NMIMS Solved Assignment Micro Economics & Macro Economics Dec 2026:  [Unique]@650
NMIMS Solved Assignment Micro Economics & Macro Economics Dec 2026: General@300 Rs.

Obtain the Micro and Macro Economics NMIMS Solved Assignment for December 2026: Obtain expert-solved, NMIMS-branded MBA and PGDM projects. 100% original, AI-free, tailored, and reasonably priced assistance.
A crucial component of your first-semester evaluation is the December 2026 Micro and Macro Economics exam cycle, which accounts for 30% of your final grades.

Assignment Marks: 20
Instructions:

NMIMS Centre for Distance and Online Education (NCDOE)
Course: Micro Economics & Macro Economics
Internal Assignment Applicable for Dec 2026 Examination
Q1 A nation is facing rising unemployment due to rapid technological advancements and
shifts in its major export markets. Many workers from the manufacturing sector have
been laid off, and their skills are no longer in demand. The government, seeking to
address both the needs of displaced workers and long-term economic resilience, is
considering policy reforms. As an economic advisor, you are tasked with
recommending concrete actions based on macroeconomic models of
unemployment. Given the scenario, how can the government apply the concepts of
structural and frictional unemployment to design effective retraining and labor market
adaptability programs? Explain how these interventions would help restore
equilibrium in the labor market and support sustainable economic growth.
(10 Marks)
Q2 (A) A mobile phone company sells smartphones at Rs.20,000 per unit, at which price 500
units are sold per month. The company decides to reduce the price to Rs.18,000 per
unit, following which monthly sales increase to 600 units. Meanwhile, a supplier of
phone components increases the price of a key component from Rs.200 to Rs.240 per
unit. At the original price of Rs.200, suppliers were willing to supply 1,000 units per
month. Following the price increase to Rs.240, the quantity supplied increases to
1,300 units per month. Using the percentage method based on the original price and
quantity, calculate:
(a) the Price Elasticity of Demand (PED) for mobile phones.
(b) the Price Elasticity of Supply (PES) for phone components.
(c) Based on the calculated coefficients, comment on the nature of demand and
supply.
(5 Marks)
Q2 (B) During a global pandemic, the demand for personal protective equipment (PPE) such
as masks and gloves skyrockets, resulting in a sharp price increase that doesn’t
dampen demand due to widespread health concerns. Both new and established
manufacturers increase production, but raw material shortages and logistical
bottlenecks hinder supply. As the crisis continues, the government introduces
subsidies to manufacturers, ensures priority transportation access, and updates safety
standards to encourage local innovation. Despite these measures, challenges persist,
including uneven distribution and possible product quality issues. Evaluate the range
of government interventions in boosting the supply of essential goods during a crisis.
Critique their effectiveness with respect to supply determinants such as technology,
transportation, pricing, and quality. Which intervention(s) would you consider most
effective in both the short and long term, and why?
(5 Marks)