Description
MEC-006 PUBLIC ECONOMICS Solved Assignment 2019-2020
Course Code: MEC-006
Assignment Code: MEC-006/AST/2019-20
Maximum Marks: 100
| Title Name | MEC-006 Solved Assignment 2019-20 |
| University | IGNOU |
| Service Type | Solved Assignment (Soft copy/PDF) |
| Course | MA(Economics) |
| Language | ENGLISH |
| Semester | 2019-2020 Course: MA(Economics) |
| Session | 2019-20 |
| Short Name | MEC-006 (ENGLISH) |
| Assignment Code | MEC-006/AST/2019-20 |
| Product | Assignment of MA(Economics) 2019-2020 (IGNOU) |
| Submission Date | For July 2019 session, you need to submit the assignments by March 31, 2020, and for January 2020 session by September 30, 2020 for being eligible to appear in the termend examination. Assignments should be submitted to the Coordinator of your Study Centre. Obtain a receipt from the Study Centre towards submission. |
| Price | RS. 60 |
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) In the context of policy coordination, state the two forms in which externalities might
result. Also, discuss the implication of the term ‘structural interdependence’ in this regard.
2) Explain the concept of ‘crowding of private investment’ outlining its three types.
Section B
3) Outline the role of government in a ‘mixed economy’.
4) Highlight the significance of Buchanan’s Contractual Theory.
5) With suitable illustrations show how a disequilibrium in one aspect can bring about a chain
of reactions with multiple equilibria in ‘international policy coordination’.
6) Discuss the sources of ‘internal debt’ which facilitate the government in meeting its
borrowing needs.
7) With the help of a suitable diagram, point out the welfare gains from ‘decentralization’.
MEC-006, MEC006, MEC-06, MEC-6, MEC 006, MEC 6, MEC-06
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