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This particular Assignment references the syllabus chosen for the subject of Economics, for the July 2020 - January 2021 session. The code for the assignment is MEC-08/MEC-108 and it is often used by students who are enrolled in the MA Degree.
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1) Discuss the limitations of Coase Theorem.
2) Explain Arrow’s perspective of healthcare market.
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.
This section carry 20 marks each (to be answered in about 500 words each).
This section carry 12 marks each (to be answered in about 300 words each).
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