IGNOU MEC-108: ECONOMICS OF SOCIAL SECTOR AND ENVIRONMENT Solved Assignment (TMA) June & December 2020 Exam @9643289714
Course Code: MEC-108
Assignment Code: MEC-108/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) Derive the optimality conditions for the supply of healthcare services in the presence of ‘quality variable’.
2) Discuss the conditions under which a mining firm can realise maximum present value of its rent ‘while extracting with constant marginal cost’?
Section B
3) Outline the ‘theories of resource scarcity’. State the reasons for which Bowers (1977) rejected the ‘scarcity hypothesis’.
4) Distinguish between the concepts of ‘Hicksian-sustainability’ and ‘Hartwick-Solow sustainability’.
5) Explain the issues involved in the management of ‘global commons’.
6) Define the concepts of ‘asymmetric information’, ‘adverse selection’ and ‘moral hazard’ in the context of health insurance market.
7) Indicate the efficacy of ‘informal regulations’ on environmental pollution.
Looking for Solved Ignou Assignment above questions in good manner please click here or contact us on 9643289714
Course Code: MEC-108
Assignment Code: MEC-108/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) Derive the optimality conditions for the supply of healthcare services in the presence of ‘quality variable’.
2) Discuss the conditions under which a mining firm can realise maximum present value of its rent ‘while extracting with constant marginal cost’?
Section B
3) Outline the ‘theories of resource scarcity’. State the reasons for which Bowers (1977) rejected the ‘scarcity hypothesis’.
4) Distinguish between the concepts of ‘Hicksian-sustainability’ and ‘Hartwick-Solow sustainability’.
5) Explain the issues involved in the management of ‘global commons’.
6) Define the concepts of ‘asymmetric information’, ‘adverse selection’ and ‘moral hazard’ in the context of health insurance market.
7) Indicate the efficacy of ‘informal regulations’ on environmental pollution.
Looking for Solved Ignou Assignment above questions in good manner please click here or contact us on 9643289714
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