Tuesday, October 13, 2020

MEC 108 ECONOMICS OF SOCIAL SECTOR AND ENVIRONMENT December 2019 Question Paper

 

MEC 108 ECONOMICS OF SOCIAL SECTOR AND ENVIRONMENT

December 2019 Question Paper

Time : 3 Hours] [Maximum Marks : 100

Note : Answer questions from both sections as per instructions.

SECTION-A

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

1. Discuss the essence of the 'economy environment' interaction as captured by the Material Balance Model.

2. Examine the tenability of education production function.

3. Derive the average revenue productivity of physicians under the Party-Redisch model.

4. Discuss the method of 'Environmental Cost Benefit Anaylsis' (ECBA).

SECTION-B

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

5. State the principal characteristics of a well defined 'property rights system'.

6. State the alternative approach to 'human capital' theory by way of Spence's theory of signalling.

7. Indicate the difference between private and public supply of health services.

8. Distinguish between the use value and non-use value of environment.

9. Differentiate between the concepts of HicksianSustainability and thel4artwick-Solow Sustainability.

10. State the major findings of the field studies on CPRs management.

11. 'Outline Sen's perspective of capabilities.

12. Critique the issues behind the debate on the Land Acquisition Policy in India.


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