MEC-008 ECONOMICS OF SOCIAL SECTOR AND ENVIRONMENT in English Solved Assignment 2022-2023
Tutor Marked Assignment (TMA)
(For the Students who have taken admission up to January, 2017 Academic Cycle)
Course Code: MEC-008
Assignment Code: MEC-008/AST/2022-23
Maximum Marks: 100
| Title Name |
MEC-008 Solved Assignment 2022-2023 |
| University | IGNOU |
| Service Type | Solved Assignment (Soft copy/PDF) |
| Course | MA(ECONOMICS) MEC |
| Language | ENGLISH |
| Semester | 2022-2023 Course: MA(ECONOMICS) MEC |
| Session | For July 2022 and January 2023 Sessions |
| Short Name | MEC-008 |
| Assignment Code | MEC-008/AST/2022-23 |
| Product | Assignment of MA(ECONOMICS) 2022-2023 (IGNOU) |
| Submission Date | For July session, you need to submit the assignments by March 31, and for January session by September 30 for being eligible to appear in the term end examination.Assignments should be submitted to the Coordinator of your Study Centre. Obtain a receipt from the Study Centre towards submission. |
Note: Answer all the questions.
SECTION A
Answer the following questions in about 700 words each. Each question carries 20 marks.
1) Explain the role of ‘natural resources’ in development.
2) Discuss the concept of ‘health insurance’ analysing its interacting effect on healthcare market.
SECTION B
Answer the following questions in about 400 words each. Each question carries 12 marks.
3) Explain the concept of Pareto optimality. Why is it an important criterion?
4) Bring out the modifications suggested in SNA to account for the use of environmental
resources.
5) Illustrate the difference between the ‘direct use value’ and the ‘indirect use value’ of
environment with an example.
6) Why is there for a need for regulation in an economy? Explain.
7) Outline the consumption versus investment debate in education.
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