Home 2023-2024 BECE-143 ENVIRONMENTAL ECONOMICS in English Solved Assignment 2023-2024

BECE-143 ENVIRONMENTAL ECONOMICS in English Solved Assignment 2023-2024

BECE-143 ENVIRONMENTAL ECONOMICS in English Solved Assignment 2023-2024


Course Code: BECE-143
Assignment Code: BECE143/TMA /2023-24
Maximum Marks: 100

Title Name

BECE-143 Solved Assignment 2023-2024

University IGNOU
Service Type Solved Assignment (Soft copy/PDF)
Course BAG(Honours)
Language ENGLISH
Semester 2023-2024 Course: BA(Honours)
Session July 2023 – January 2024 sessions
Short Name BECE-143
Assignment Code BECE143/TMA /2023-24
Product Assignment of BAG(Honours) 2023-2024 (IGNOU)
Submission Date For the students enrolled in July – 30th April
For the students enrolled in January – 31st October



Answer all the questions
A. Long Answer Questions (word limit-500 words). Each question carries 20 marks.
2 × 20 = 40
1) What are Public Goods? Explain their features with the help of examples. Is the efficient provision of
a public good different than the efficient provision of a private good? Explain your response with the
help of appropriate diagrams.
2) Discuss the Coase Theorem. How does it work? Explain with examples. Are there any limitations of
Coasian bargaining? Support your answer with examples.
B. Medium Answer Questions (word limit-250 words). Each question carries 10 marks.
3 × 10 = 30
3) Distinguish between Willingness to Pay and Willingness to Accept. Give examples.
4) What do you understand by the term ‘sustainable development’? Explain any two perspectives on
sustainable development.
5) How does Command and Control Approach (CAC) approach work? Discuss its advantages.
C. Short Answer Questions (word limit 100 words). Each question carries 15 marks.
2 × 3 × 5 = 30
6) Differentiate between:
(a) Efficiency in production and efficiency in consumption
(b) stated preference and revealed preference methods of evaluating environmental resources
(c) Use value and non-use value of environmental services
7) Write short notes on the following:
(a) Pigouvian Tax
(b) Stocks and flows of economic assets
(c) Travel cost method


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