BECC 108 Solved Guess Paper for the 2026 Term-End Examination is a 16-page file that carries 13 expected questions with complete written answers for Intermediate Micro Economics-II, the Semester IV core course of IGNOU's Bachelor of Arts (Honours) Economics (BAECH). Every answer has been drafted from the official IGNOU book after reading six past question papers, so what you revise is what the examiner has been repeating.
Most BECC-108 students do not fail because the subject is hard. They run short of time because they open Block 1 in April and never reach game theory or asymmetric information. This file reverses that. It hands you the eleven long questions and two short-answer sets that have carried the paper for three years, already answered in exam language, sized to the marks they carry.
BECC 108 Guess Paper Key Facts at a Glance
- Course code and title: BECC-108, Intermediate Micro Economics-II
- Programme: Bachelor of Arts (Honours) Economics, BAECH, Semester IV, Core Course
- Questions in the file: 13 (11 long, 2 short-answer sets)
- Total pages: 16, of which 15 are answers
- Blocks and units covered: 4 blocks, 8 units, all covered
- Papers analysed: 6 sessions, June 2023 to December 2025
- Exam duration and marks: 3 hours, 100 marks
- Sections in the paper: 3 (A, B and C)
- Samples shown on this page: 5 questions with answers
- Valid for: June 2026 and December 2026 Term-End Examination
- Enquiry: WhatsApp 9899436384
Quick reference card for the BECC-108 Intermediate Micro Economics-II guess paper and its exam
What the BECC 108 Solved Guess Paper 2026 Contains
The file holds 13 questions with complete answers across 16 pages, mapped to all four blocks of Intermediate Micro Economics-II. Eleven of them are full-length answers for Sections A and B. The remaining two are the Section C sets, short notes and differentiate-between, where the choice of sub-parts has been narrowed to the ones that keep returning.
The structure follows the paper rather than the book. Questions 1 to 6 are written at 20-mark length for Section A. Questions 7 to 11 are written at 12-mark length for Section B. Questions 12 and 13 carry the 6-mark Section C format. You are not converting a 450-word answer into a 150-word note under exam pressure, because that work is already done.
Answer quality is the point of the whole file. Each one begins with the definition as the IGNOU text words it, names the economist attached to the idea (Chamberlin for monopolistic competition, Oi for the two-part tariff, Coase for bargaining, Samuelson for public goods), carries the textbook's own example, and ends with a line of evaluation instead of stopping mid-thought. That closing line is where average scripts and good scripts separate.
If you are still assembling the rest of your semester set, the wider IGNOU Solved Guess Paper collection carries the same treatment for other BAECH course codes, so your revision method stays identical across papers.
5 Sample Questions with Answers from the BECC 108 Guess Paper
Five of the thirteen answers are reproduced below in full so you can judge the writing before you ask for the file. They have been chosen across all four blocks and all three mark weights, so you see a 20-mark answer, a 12-mark answer and a 6-mark note side by side. The other eight questions stay in the file.
Explain how a monopolist determines profit-maximising output and price. Derive the relationship between marginal cost, price and elasticity of demand, and explain the deadweight loss in monopoly with a diagram.
Meaning. Monopoly is a market structure involving a single seller of a commodity or service which does not have a close substitute.
Sources of monopoly power. Control over a critical input keeps rivals out, as De Beers managed with raw diamond. Economies of scale and scope work the same way, because a continuously falling average cost lets one large firm supply the entire market efficiently.
Output choice. The monopolist maximises profit where marginal revenue equals marginal cost, then charges the highest price the demand curve permits. Because the firm faces the whole downward-sloping market demand curve, price exceeds marginal revenue and therefore exceeds marginal cost.
Markup and elasticity. The excess of price over marginal cost, expressed as a fraction of price, is Lerner's Index of market power and equals the reciprocal of the price elasticity of demand. It is zero for a competitive firm and rises as demand becomes less elastic, so the less elastic the demand, the larger the sustainable markup.
Deadweight loss. Output is restricted below the competitive level and price sits above marginal cost, so mutually beneficial trades do not happen. The surplus lost on those units is transferred to nobody. It simply disappears, and this net loss of social welfare is the deadweight loss.
Conclusion. A monopolist equates MR and MC, sets a price above marginal cost governed by elasticity, and in doing so creates a deadweight loss that makes the outcome socially inefficient.
What is oligopoly? Explain and compare the Cournot, Stackelberg and Bertrand models of oligopoly using the idea of reaction curves.
Meaning. Oligopoly is a market structure where only a few firms account for most or all of production, with barriers to entry and strategic interdependence on output and pricing decisions.
Cournot. Firms produce a homogeneous good and choose quantities simultaneously. Each decides its profit-maximising output assuming the rival's output is fixed, which yields a reaction curve. The Cournot-Nash equilibrium sits where the two reaction curves intersect.
Stackelberg. Quantity competition again, but sequential. The leader moves first, the follower observes and responds along its reaction function, and because the leader anticipates that response it enjoys a first-mover advantage.
Bertrand. Price replaces quantity as the strategic variable and each firm stands ready to meet all demand at its chosen price. Since a slight undercut captures the whole market, undercutting continues until P1 = P2 = marginal cost. Two firms produce the competitive outcome, which is the Bertrand Paradox.
| Basis | Cournot | Stackelberg | Bertrand |
|---|---|---|---|
| Strategic variable | Quantity | Quantity | Price |
| Timing of moves | Simultaneous | Sequential | Simultaneous |
| Equilibrium | Cournot-Nash | Leader advantage | P = MC, the paradox |
Conclusion. Cournot and Stackelberg firms compete in quantities, simultaneously and sequentially. Bertrand firms compete in prices and drive price to marginal cost. The outcome therefore depends on the strategic variable and the timing of decisions.
Explain the concepts of dominant strategy and Nash equilibrium. Illustrate them using the Prisoner's Dilemma game.
A game is defined by players, actions or strategies, and payoffs. The strategies chosen determine the outcome, and each outcome delivers a payoff to every player.
Dominant strategy. It yields the best payoff for a player no matter what the other player does, making it a best response to every feasible strategy of the rival.
Nash equilibrium. A set of strategies where no player has any incentive to deviate, given what the others have chosen. Nobody can gain a higher payoff by switching alone.
Prisoner's Dilemma. A well-known non-cooperative game of complete information. Two suspects in a crime with no eyewitness are held in separate cells and cannot communicate, and each is offered a lighter sentence for confessing. Whatever the other does, confessing gives the better individual outcome, so confessing is dominant for both. The Nash equilibrium is that both confess, even though both would have done better staying silent.
Conclusion. A dominant strategy is best regardless of the rival's move and a Nash equilibrium is stable because deviation does not pay. The Prisoner's Dilemma shows how these two ideas can trap rational players in a jointly inferior result.
What is general equilibrium analysis? Explain the construction of the Edgeworth box for production and the meaning of the contract curve.
Meaning. General equilibrium analysis studies simultaneous equilibrium in all markets and treats every price as a variable. The economy is examined as a closed system in which all prices are determined together.
Edgeworth box for production. A rectangular box is drawn whose fixed dimensions are the economy's total endowment of capital and labour. Every point inside it shows one possible allocation of that capital and labour between the two commodities X and Y. Isoquants of X are read from one origin and those of Y from the opposite origin.
Contract curve. Also called the Efficiency Production Set, it joins all the points of tangency between the isoquants of the two commodities and runs from one origin to the other. At every point on it the marginal rate of technical substitution is equal across the two goods, so more of one commodity cannot be produced without producing less of the other. These are the Pareto-efficient allocations.
Conclusion. General equilibrium studies all markets together, the Edgeworth box maps every allocation of capital and labour between two goods, and the contract curve traces the Pareto-efficient allocations on which the economy's general equilibrium must lie.
Write a short note on Natural Monopoly.
Definition. Natural monopoly is a market structure created and sustained by economies of scale over the relevant range of output of the industry.
Explanation. Significant economies of scale make production cheaper for one firm than for several. Average total cost keeps falling over the relevant output range, which holds marginal cost below average cost, and a single large firm therefore ends up supplying the whole market without needing any legal barrier to protect it.
Closing line. Natural monopoly arises from cost conditions rather than from restrictive practice, which is why regulation of such an industry usually targets price rather than the number of sellers.
Five answers give you a fair sample of the writing. The remaining eight questions, covering price discrimination, monopolistic competition, externalities, public goods, extensive-form games, social welfare functions, asymmetric information and the differentiate-between set, are inside the file.
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Get the BECC-108 Guess Paper on WhatsApp 9899436384BECC 108 Exam Pattern, Sections and Marks Distribution
BECC-108 is a 3-hour, 100-mark paper split into three sections, with internal choice in Sections A and B. This structure has held steady across the sessions we checked, and the guess paper is built to match it question for question.
| Section | Questions set | To attempt | Marks each | Section total | Suggested answer length |
|---|---|---|---|---|---|
| Section A | 4 | Any 2 | 20 | 40 | Around 450 words, often split 10+10 or 12+8 |
| Section B | 7 | Any 4 | 12 | 48 | Around 250 words |
| Section C | 2 | Both | 6 | 12 | Around 150 words, 2 sub-parts of 3 marks |
Two habits decide the BECC-108 result. The first is time control, because two 20-mark answers can quietly eat the hour that Section B needed, and Section B alone carries 48 marks. The second is reading the choice properly, since Section A frequently mixes a numerical sub-part with a theory sub-part and students attempt the question before noticing the numerical.
Numerical sub-parts appear often enough to matter. Past papers have asked for equilibrium price and quantity from a stated demand curve, mixed-strategy equilibrium from a payoff matrix, and a production possibility frontier from two traders' output data. Working through the IGNOU Previous Year Question Paper set alongside this guess paper is the cleanest way to get comfortable with those.
Block and Unit Index of BECC 108 Intermediate Micro Economics-II
BECC-108 runs across 4 blocks and 8 units, and this guess paper draws questions from every one of them. The table below is the official structure as listed on IGNOU's eGyanKosh repository, with the topics that actually surface in the examination and the guess paper questions built on each unit.
| Block | Unit | Topics that appear in the examination | Guess paper questions built on it |
|---|---|---|---|
| Block 1, General Equilibrium | Unit 1, General Equilibrium with Production | Edgeworth box for production, contract curve, production possibility frontier, Pareto efficiency conditions | Q9, the 12-mark general equilibrium answer |
| Block 1, General Equilibrium | Unit 2, Overall Efficiency and Welfare Economics | Value judgements, Bergson-Samuelson and Benthamite welfare functions, Rawlsian minimax, isowelfare curves, MRS = MRT | Q10, social welfare functions and isowelfare curves |
| Block 2, Imperfect Competition-I | Unit 3, Monopoly | MR = MC output rule, Lerner's Index, deadweight loss, three degrees of price discrimination, two-part tariff, natural monopoly, average cost pricing | Q1 and Q2, plus the natural monopoly short note in Q12 |
| Block 2, Imperfect Competition-I | Unit 4, Monopolistic Competition | Chamberlin's product differentiation, short-run and long-run tangency equilibrium, excess capacity, comparison with monopoly | Q3, the 20-mark excess capacity answer |
| Block 3, Imperfect Competition-II | Unit 5, Oligopoly | Reaction curves, Cournot duopoly, Stackelberg leadership, Bertrand paradox, dominant-firm pricing | Q4, plus the Cournot and Stackelberg comparison in Q13 |
| Block 3, Imperfect Competition-II | Unit 6, Game Theory and its Applications | Dominant strategy, Nash equilibrium, Prisoner's Dilemma, normal and extensive form, subgame perfect equilibrium, backward induction, zero-sum games | Q7 and Q8, the two 12-mark game theory answers |
| Block 4, Market Failure | Unit 7, Externalities and Public Goods | Positive and negative externalities, Pigouvian tax, Coase theorem, emission standards, non-rivalry and non-excludability, free rider, Samuelson-Musgrave rule | Q5 and Q6, the two 20-mark market failure answers |
| Block 4, Market Failure | Unit 8, Asymmetric Information | Adverse selection, market for lemons, moral hazard, signalling, screening, principal-agent problem | Q11, plus moral hazard in Q12 and the signalling versus screening comparison in Q13 |
Read the table as a coverage check rather than a reading list. Every unit contributes at least one question, and Blocks 2, 3 and 4 contribute the heavier ones, which tells you where the marks sit. Students who want the full SLM alongside the answers can pick up the BECC 108 Study Material set and read only the sections the table points to.
The structure above is verified against IGNOU's own repository listing for BECC-108 on eGyanKosh, the official Self Learning Material archive of the university.
How the BECC 108 Important Questions Were Selected from Past Papers
Selection was done by reading six consecutive Term-End Examination papers, June 2023 through December 2025, and tracking every topic across them. Nothing on the list is there because it looked important in the book. It is there because the examiner has asked it, or has skipped it long enough that it is due.
The working rule had three parts. A topic asked in four or more of the six papers was tagged HIGH and written at full length. A topic appearing in two or three was tagged MEDIUM and written at the length its usual section demands. A topic seen once was tagged LOW and kept only as a backup line, not as a full answer.
A second filter mattered just as much. A HIGH-frequency topic that went missing in the most recent paper was pushed up rather than dropped, because IGNOU rotates within a fixed pool rather than retiring topics. Monopolistic competition is the clear example. It ran through five straight sessions, skipped December 2025, and is therefore written at full 20-mark length in this file.
The papers themselves were read from IGNOU's official Term-End Examination archive, not from second-hand question lists. Anyone who wants to repeat the exercise can pull the same papers and check the pattern independently. Students preparing other courses in the Bachelor of Arts (Honours) Economics stream will find the same method applied in our BAECH guess Paper series.
Repeat-Topic Frequency Chart for IGNOU BECC 108 Question Papers
Ten of the highest-value topics from the file's full 23-row frequency chart are shown below, with their appearance count across six sessions. The complete chart, including every MEDIUM and LOW topic, sits on the last page of the file.
| Topic | Appearances in 6 papers | Priority | Why it is ranked here |
|---|---|---|---|
| Monopoly output, markup rule and deadweight loss | 6 of 6 | HIGH | Never skipped, and frequently set as a numerical with a diagram sub-part |
| Cournot duopoly and reaction curves | 6 of 6 | HIGH | Appears as theory in some sessions and as an algebraic derivation in others |
| Nash equilibrium and dominant strategy | 6 of 6 | HIGH | Often attached to a payoff matrix, so the concept and the matrix method are both needed |
| Externalities, positive and negative | 6 of 6 | HIGH | The remedies list carries more marks than the definition, so the five corrections matter |
| Social welfare functions and isowelfare curves | 6 of 6 | HIGH | Bergson-Samuelson versus Benthamite is the standard comparison asked |
| Extensive and normal form, SPNE | 6 of 6 | HIGH | Backward induction is the part most students leave out and lose marks on |
| Contract curve and transformation curve | 5 of 6 | HIGH | Usually paired with the Edgeworth box rather than asked alone |
| Monopolistic competition and excess capacity | 5 of 6 | HIGH | Ran five sessions straight then missed the latest paper, so it is due back |
| Price discrimination and two-part tariff | 4 of 6 | HIGH | Third-degree discrimination with elasticity values is the recurring numerical form |
| Asymmetric information and market for lemons | 5 of 6 | HIGH | Set as a 20-mark split question more than once, with signalling and screening attached |
The pattern in that column is worth naming. BECC-108 does not reward breadth. Six topics have appeared in every single paper analysed, and those six alone can carry a comfortable pass if written properly. Breadth only helps after those are secure.
Is There a Practical File or Project in BECC 108 Intermediate Micro Economics-II
No. BECC-108 is a purely theory course with no practical file, no laboratory work and no project report. Assessment is 30 per cent assignment and 70 per cent Term-End Examination, and the assignment is written work, not a practical record.
The confusion is understandable, because BAECH does carry practical-style submissions elsewhere in the programme, and students moving across from science or vocational streams expect an index-style file with every course. What BECC-108 has instead is a written index of its own, which is the block and unit table above. Treat that table the way a practical file index is treated, as your tick list.
If a practical file is what you were actually searching for, it belongs to a different course code and we can point you to the right one over WhatsApp rather than selling you something that does not apply to this paper.
Who Should Take This IGNOU BECC 108 Solved Guess Paper
This file suits a student who has limited time and needs the highest-probability questions already answered in exam language. It is not a replacement for the SLM and does not pretend to be one.
It fits you if your examination is within three to four weeks and you have not finished the blocks. It fits you if you have read the book but cannot judge which of the eight units deserve the most revision. It fits you if you write reasonably but lose marks on structure, because every answer here models the definition, body and evaluation pattern the examiner is looking for. It also fits a reappear candidate who cleared the assignment and needs only the theory paper this time.
It does not fit you if you want a guaranteed question paper, because no such thing exists. It also does not fit you if you have eight weeks in hand and intend to read every unit thoroughly, since in that case the file works better as a revision layer than as your main study route.
How to Get the Complete BECC 108 Guess Paper with Answers
Message 9899436384 on WhatsApp with your course code and we will send the file details and price the same day. Eight of the thirteen answers are not shown on this page, and the complete 16-page PDF is delivered directly on WhatsApp so you can read it on your phone or print it.
Before you message, keep three things ready. Your course code, which is BECC-108. Your examination session, June 2026 or December 2026. And your medium, English or Hindi, so the correct version goes out. That is all we need at our end.
Students preparing more than one paper this semester usually ask for their full BAECH set together, which is simpler to handle in a single conversation than code by code.
Ask About the Full BAECH Semester Set on 9899436384FAQs on the IGNOU BECC 108 Guess Paper 2026
What is BECC-108 in IGNOU and which programme is it part of?
BECC-108 is Intermediate Micro Economics-II, a core course in the fourth semester of IGNOU's Bachelor of Arts (Honours) Economics, programme code BAECH. It is taught by the School of Social Sciences and runs across four blocks and eight units, moving from general equilibrium and welfare economics into monopoly, oligopoly, game theory and market failure. It is a theory paper carrying 100 marks in the Term-End Examination.
How many questions does the BECC 108 Solved Guess Paper contain?
The file contains 13 questions with complete answers across 16 pages. Eleven are full-length answers matching the 20-mark and 12-mark formats of Sections A and B, and two are the 6-mark Section C sets, short notes and differentiate-between. Five of those 13 are shown on this page as samples, so eight remain inside the file.
Is the BECC 108 guess paper valid for both June 2026 and December 2026?
Yes. It is prepared for both Term-End Examination sessions of 2026, since IGNOU sets BECC-108 from the same syllabus and the same topic pool in June and December. The frequency analysis behind it covers six sessions from June 2023 to December 2025, which spans both June and December patterns rather than only one. The priority order therefore holds for whichever session you are sitting.
Are BECC 108 Important Questions enough to pass without reading the SLM?
They are enough for most students who are short of time, but the honest answer is that they work best alongside the book. The file covers every block and answers the recurring questions in full. What it cannot do is prepare you for an unusual numerical variant, which is why skimming the relevant units is still advised.
Does the BECC 108 Intermediate Micro Economics-II paper include numericals?
Yes, and regularly. Past papers have asked for profit-maximising output and deadweight loss from a stated demand curve, mixed-strategy equilibrium from a payoff matrix, Stackelberg and Bertrand equilibrium values, and a production possibility frontier derived from two traders' output. The method behind each is explained in the answers, so the calculation itself becomes routine rather than frightening on the day.
Is the BECC 108 guess paper available in Hindi as well as English?
Both mediums are available, since IGNOU sets the BECC-108 paper bilingually and students write in either. Tell us your medium when you message on 9899436384 and the correct version is sent. If you switch mediums between sessions, mention that too, because the terminology differs enough to matter in an economics answer. Both versions carry the same 13 questions.
Is there a practical file or project for BECC 108 in IGNOU?
No. BECC-108 is a theory course with no practical file, no laboratory record and no project submission. Assessment is the assignment and the Term-End Examination only. If you were looking for a practical file index, it belongs to a different course code and we can identify the right one for you on WhatsApp so nothing is bought by mistake.
How is the BECC 108 guess paper delivered after I message?
It is sent as a PDF on WhatsApp 9899436384 once the enquiry is confirmed. Send your course code, your examination session and your medium in the first message and the file details come back the same day. Nothing is posted, so there is no waiting on any courier timeline or delivery date before your revision actually starts.