BCOG-171 Solved Assignment 2026-27 in English | B.Com

BCOG-171 Solved Assignment 2026-27 in English is prepared for students of the Bachelor of Commerce (B.Com) programme studying BCOG-171: Principles of Micro Economics.

The current 2026-27 assignment identifies BCOG-171 as Principles of Micro Economics, with assignment code BCOG-171/TMA/2026-27, All Blocks coverage and 100 maximum marks.

IGNOU lists BCOG-171 under the BCOMG programme as a Semester 5 course.

BCOG-171 Principles of Micro Economics Course Information

BCOG-171 Solved Assignment 2026-27 Overview

The BCOG-171 Solved Assignment 2026-27 covers important concepts of Micro Economics, including monopolistic competition, returns to scale, demand, marginal cost, equimarginal utility, central economic problems, elasticity of supply, indifference curves, perfect competition, wages, factors of production, microeconomics and macroeconomics, price elasticity of demand and production theory.

BCOG-171 ASSIGNMENT QUESTIONS

SECTION-A — LONG ANSWER QUESTIONS

Question 1

Explain fully the concept of monopolistic competition. What are the reasons behind the difficulties which come in the way of free entry of firms into a market?

Question 2

What is meant by returns to scale? Discuss the economies and diseconomies of scale.

Question 3

Explain the law of demand with the help of a demand schedule and a demand curve.

Question 4

Define the concept of marginal cost. What is the relation between average cost and marginal cost? Use suitable diagrams.

Question 5

State the Law of Equimarginal Utility. Discuss its limitations.

SECTION-B — MEDIUM ANSWER QUESTIONS

Question 6

Explain the fundamental/central problems of an economy.

Question 7

What is the elasticity of supply? Discuss the important determinants of the elasticity of supply.

Question 8

Define Indifference Curve. Explain the assumptions of the indifference curve.

Question 9

Define the perfect competitive market. Explain the characteristics of perfect competition.

Question 10

Discuss the three methods of raising wages.

SECTION-C — SHORT ANSWER QUESTIONS

Question 11

What do you understand by factors of production? Briefly explain each of the four main factors.

Question 12

Distinguish between Microeconomics and Macroeconomics.

Question 13

What is meant by price elasticity of demand? Briefly explain the determinants of price elasticity of demand.

Question 14

What is the theory of Production? Explain the relevance of the theory of production in various fields.

IMPORTANT TOPICS COVERED IN BCOG-171

Monopolistic Competition

The assignment covers the concept of monopolistic competition and barriers that may make free entry of firms difficult.

Returns to Scale

Students study returns to scale along with economies and diseconomies of scale.

Law of Demand

The assignment covers the law of demand using demand schedules and demand curves.

Marginal Cost

Marginal cost and its relationship with average cost are included as an important topic.

Equimarginal Utility

The Law of Equimarginal Utility and its limitations are covered in Section A.

Central Problems of an Economy

The fundamental economic problems faced by an economy are included in Section B.

Elasticity of Supply

The assignment covers elasticity of supply and its important determinants.

Indifference Curve

The meaning and assumptions of indifference curves are included in the assignment.

Perfect Competition

Students study the definition and characteristics of a perfectly competitive market.

Wages

The assignment includes the three methods of raising wages.

Factors of Production

The four major factors of production are covered in Section C.

Microeconomics and Macroeconomics

The assignment requires students to distinguish between Microeconomics and Macroeconomics.

Price Elasticity of Demand

The concept and determinants of price elasticity of demand are included.

Production Theory

The assignment covers the theory of production and its relevance in different fields.

FEATURES OF BCOG-171 SOLVED ASSIGNMENT 2026-27

• BCOG-171 Principles of Micro Economics
• Bachelor of Commerce
• BCOMG
• 2026-27 session
• English Medium
• 6-credit course
• Semester 5
• 100 marks
• 30% assignment weightage
• All Blocks coverage
• Monopolistic competition
• Returns to scale
• Economies and diseconomies of scale
• Law of demand
• Demand curve
• Marginal cost
• Average cost
• Equimarginal utility
• Central problems of an economy
• Elasticity of supply
• Indifference curves
• Perfect competition
• Methods of raising wages
• Factors of production
• Microeconomics and Macroeconomics
• Price elasticity of demand
• Production theory
• Digital PDF format
• Instant Download

WHO CAN USE BCOG-171 SOLVED ASSIGNMENT?

BCOG-171 is Principles of Micro Economics and is listed by IGNOU under BCOMG Semester 5.

The current 2026-27 assignment is designed for the July 2026 and January 2027 cycle, with 100 maximum marks and 30% assignment weightage.

This product is intended for B.Com students looking for the English-medium BCOG-171 assignment material.

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FREQUENTLY ASKED QUESTIONS

1. What is BCOG-171?

BCOG-171 is Principles of Micro Economics.

2. Which programme is BCOG-171 listed under?

It is listed under BCOMG as a Semester 5 course.

3. How many credits is BCOG-171?

BCOG-171 carries 6 credits.

4. What is the assignment code?

The assignment code is BCOG-171/TMA/2026-27.

5. What is the maximum mark?

The assignment carries 100 marks.

6. What is the coverage?

The assignment covers All Blocks.

7. What is the medium?

English Medium.

8. What is the course title?

Principles of Micro Economics.

9. Which semester is BCOG-171?

Semester 5 under BCOMG.

10. What format is provided?

The product is provided as a digital PDF.

DISCLAIMER

This material is independently prepared for educational and reference purposes. Students should read, understand and prepare their assignments appropriately. Mother Publication is not affiliated with, endorsed by, or officially associated with IGNOU.

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