MEC-108 ECONOMICS OF SOCIAL SECTOR AND ENVIRONMENT in English Solved Assignment 2022-2023


Tutor Marked Assignment (TMA)
Course Code: MEC-108
Assignment Code: MEC-108/AST/2022-23
Maximum Marks: 100

Title Name

MEC-108 Solved Assignment 2022-2023

University IGNOU
Service Type Solved Assignment (Soft copy/PDF)
Language ENGLISH
Semester 2022-2023 Course: MA(ECONOMICS) MEC
Session For July 2022 and January 2023 Sessions
Short Name MEC-108
Assignment Code MEC-108/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.
Answer the following questions in about 700 words each. The word limits do not apply in case of
numerical questions. Each question carries 20 marks.
1) In the context of ‘Future Time Preference’, discuss the importance of ‘Discounting of Costs
and Benefits Flows’.
2) In instituting regulations in the healthcare insurance sector, in what way the issue of
‘government failure’ assumes importance. Discuss.
Answer the following questions in about 400 words each. Each question carries 12 marks.
3) Outline the Multi Factor Extension approach in the context of ‘rate of return’ to education.
4) Discuss the argument behind the Efficiency Wage Hypothesis in Health Sector.
5) Explain the Portfolio Balance Equation in the context of Non Renewable Resources.
6) Distinguish between the concepts of ‘weak sustainability’ and ‘strong sustainability’.
7) Write a note on IPAT and KAYA identities.



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