Tuesday, October 13, 2020

MEC 008 ECONOMICS OF SOCIAL SECTOR AND ENVIRONMENT December 2019 Question Paper

 

MEC 008 ECONOMICS OF SOCIAL SECTOR AND ENVIRONMENT

December 2019 Question Paper

Time: 3 Hours] (Maximum Marks : 100

Note : Attempt questions from both sections as per instructions.

SECTION-A

Note : Answer any two questions from this section in about 500 words each :

1. What are the main correlates of poverty ? Does marginalisation of some sections of population leads to increase in the incidence of poverty ? Explain.

2. Discuss the various determinants of private demand for education.

3. What are 'open access common property resources'Explain the problem of the tragedy of commons.

 4. Explain the problem of externalities with the help of diagrams. Also explain how Optimal provision cannot be realised in the case of public goods.

SECTION-B

Note : Answer any five questions from this section in about 250 words each

5. Outline the methods of 'valuation of environment'.

6. Differentiate between the 'Basic needs concept' and the 'Calories based concept' of poverty.

7. Distinguish between use values and 'non-use value' of environment.

8. Explain the role of natural resources in development.

9. How would you measure inequality of income ? Explain with the help of a diagram.

10. Bring out the distinction among human capital, manpower and human resources.

11. Explain in brief the different options available for abating pollution.

12. Explain in brief the major policy instruments for regulation ' of a monopoly.

 

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