MEC 006 Solved Assignment 2022-23

 

MEC 006 Solved Assignment 2022-23

PUBLIC ECONOMICS

Course Code: MEC 006

Asst. Code: MEC 006/TMA/2022-23

Total Marks: 100

Note: Answer all the questions.

SECTION A

Answer the following questions in about 700 words each. Each question carries 20 marks.

1. Explain the Tiebout Model (voting with your feet) in context of the provision of local public goods. What are the problems associated with this model?

4X5 = 20

2. “The structural interdependence forms the basis for the policy maker’s choice behaviour for policy”. In the light of this statement explain the structural interdependence and policy coordination.

20

SECTION B

Answer the following questions in about 400 words each. Each question carries 12 marks.

3. Enlist the canons of taxation. Explain the approaches to tax equity.

12

4. Explain the debt obligation of the central government for internal debt, external debt and other liabilities.

12

5. What are public goods? Explain their features. How are public goods responsible for market failure?

12

6. Discuss the impact of direct taxes and indirect taxes on factors of production.

12

7. Write short notes on the following:

12

(i) Buchanan’s Contractual Theory

(ii) Arrow’s Impossibility Theorem

(iii) Role of government in a mixed economy

MEC 006 Solved Assignment 2022-23 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

POST GRADUATE DIPLOMA IN AUDIO PROGRAMME PRODUCTION Master's Degree Programmes (M.A. ECONOMICS) ASSIGNMENTS

Dear Learner,

You have to submit one assignment in each course, i.e. MEC 006. All these are Tutor Marked Assignments (TMAs). Before attempting the assignments, please read the instructions provided in the Programme Guide carefully.

Kindly note, you have to submit these assignments to the Coordinator of your Study Centre within the stipulated time for being eligible to appear in the term-end examination. You must mention your Enrolment Number, Name, Address, Assignment Code and Study Centre Code on the first page of the assignment. You must obtain a receipt from the Study Centre for the assignments submitted and retain it. Keep photocopies of the assignments with you.

After evaluation, the assignments have to be returned to you by the Study Centre. Please insist on this and keep a record with you. The marks obtained by you will be sent by the Study Centre to the Student Evaluation Division at IGNOU, New Delhi.

Guidelines for Doing Assignments

There are five questions in each assignment, all carry equal marks. Attempt all the questions in not more than 500 words (each). You will find it useful to keep the following points in mind:

Planning: Read the assignments carefully. Go through the units on which they are based, make some points regarding each question and then rearrange them in a logical order

Organization and Presentation: Be analytical in your selection of the information for your answer. Give adequate attention to the introduction and the conclusion. Make sure that your answer is logical and coherent; has a proper flow of information.

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