Tuesday 7 April 2020

IGNOU MEC-006: PUBLIC ECONOMICS SOLVED Assignment (TMA) 2020

IGNOU MEC-006: PUBLIC ECONOMICS SOLVED Assignment (TMA) For June 2020 & December 2020 Examination @9643289714 Call/WhatsApp

Course Code: MEC-006
Assignment Code: MEC-006/AST/2019-20

Maximum Marks: 100

Note: Answer all the questions. While questions in Section A carry 20 marks each (to be answered in about 500 words each) those in Section B carry 12 marks each (to be answered in about 300 words each). In the case of numerical questions word limits do not apply.

Section A
1) In the context of policy coordination, state the two forms in which externalities might result. Also, discuss the implication of the term ‘structural interdependence’ in this regard.


2) Explain the concept of ‘crowding of private investment’ outlining its three types.

Section B
3) Outline the role of government in a ‘mixed economy’.

4) Highlight the significance of Buchanan’s Contractual Theory.

5) With suitable illustrations show how a disequilibrium in one aspect can bring about a chain of reactions with multiple equilibria in ‘international policy coordination’.

6) Discuss the sources of ‘internal debt’ which facilitate the government in meeting its borrowing needs.

7) With the help of a suitable diagram, point out the welfare gains from ‘decentralization’.


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