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M.E.C - 106
Public Economics IGNOU MEC 106 Solved Assignment 2023-24
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NOTE: All questions
are compulsory.
Section A
Q1. Define
Externalities. Present a brief about types of externalities. Explain how
internalisation of negative externalities could be a solution to externalities
through the instruments of taxation and property rights.
Q2. a) Explain the
scope of mechanism design relating it to implementation theory and game theory.
b) Illustrate some
applications of ‘mechanism design’ with an identification of their attendant problems.
Section B
Q3. Explain how by
redistribution, a socially more desired welfare level can be attained by
considering the Utility Possibility Frontier.
Q4. Outline how
imperfect competition leads to welfare loss stating the policy options open to government
to rectify the situation.
Q5. Describe the
Nozick’s ‘entitlement theory’ and the theory of ‘justice in distribution’.
Q6. Discuss the public
debt situation of India. Is there a way to finance the deficit in the
government budget? How?
Q7. Write short notes on the following:
a. Multi-part Tarif
b. Public Goods
c. Median Voter
Theorem
IGNOU MEC 106 Solved
Assignment English Medium 2023-24 The Indira Gandhi National Open
University has updated the IGNOU Assignment Status
2023-24 December Session so that students can know if their submission is
completed or not. Now if you have also submitted your
Assignment/Practical/Project till 15 December 2023 then you must be worried
about the Assignment Status and Grade Card. So we decided to come
up with https://ignouadmission.samarth.edu.in/ Assignment 2023-24.
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