IGNOU MEC 108 SOLVED ASSIGNMENT 2021-22

 

MEC-108: ECONOMICS OF SOCIAL SECTOR AND ENVIRONMENT SOLVED ASSIGNMENT 2021-22

Course Code: MEC-108

Assignment Code: MEC-108/AST/2021-22

Maximum Marks: 100

Note: Answer all the questions. While questions in Section A carry 20 marks each (to be answered in about 500 words each) those in Section B carry 12 marks each (to be answered in about 300 words each). In the case of numerical questions word limits do not apply.

Section A

1) Discuss the limitations of Coase Theorem.

2) Explain Arrow’s perspective of healthcare market.

Section B

 3) Briefly explain the concept of Capability Approach propounded by Sen.

4) In what way the ‘organisational change and technical efficiency’ impacts the supply of healthcare services? Discuss.

 5) How are ‘market prices’ and ‘shadow prices’ are useful as valuation tools for environmental services? Explain.

 6) Specify the functional form of ‘Gini Coefficient’ with its underlying rationale. Outline how it is useful to measure income and consumption inequalities.

 7) Characterise the basic features of health services distinguishing between healthcare and medical care.

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