MEC 006 Solved Assignment 2021-22

 

MEC 006

PUBLIC ECONOMICS Assignment (TMA)

Course Code: MEC-006

 Assignment Code: MEC-006/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 relationship between Public Choice and Social Choice.

2) Briefly explain the problems of ‘international policy coordination’.

Section B

3) Explain the different roles of the state on which the economic rationale of the state is based.

4) Write a note on the concept of ‘multiple equilibria’.

5) Do you agree that ‘fiscal competition’ could result in inefficiency? Discuss.

6) Bring out the ‘efficiency and equity’ dimensions of direct taxation.

7) Explain the impact of ‘internal public debt’ on production and distribution.

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