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IGNOU MECE-03
- Actuarial Economics: Theory and Practice,
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(July 2023 - January 2024)

MECE-03 Assignment

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IGNOU MECE-03 July 2023 - January 2024 - Solved Assignment

Are you looking to download a PDF soft copy of the Solved Assignment MECE-03 - Actuarial Economics: Theory and Practice? Then GullyBaba is the right place for you. We have the Assignment available in English and Hindi language.

This particular Assignment references the syllabus chosen for the subject of Economics, for the July 2023 - January 2024 session. The code for the assignment is MECE-03 and it is often used by students who are enrolled in the MA Degree.

Once students have paid for the Assignment, they can Instantly Download to their PC, Laptop or Mobile Devices in soft copy as a PDF format. After studying the contents of this Assignment, students will have a better grasp of the subject and will be able to prepare for their upcoming tests.

IGNOU MECE-03 (July 2023 - January 2024) Assignment Questions

Section A

Answer the following questions in about 700 words each.

1) How is pricing done in the case of Unit-Linked Insurance Contracts? Explain with particular reference to cases of (i) no guarantee and (ii) guaranteed benefit.
2) What is meant by Stochastic Claims Reserving? Discuss this in the contexts of (i) Chain-Ladder Models and (ii) Over-Dispersed Poisson Model.

Section B

Answer the following questions in about 400 words each.

3) What are Mean Reversion Models? How is this different from Mean Reversion Jumps Models?
4) Distinguish between ‘Stop-Loss Reinsurance’ and ‘Excess of Loss Reinsurance’.
5) Write a note on ‘Yield Curves’ with examples.
6) Discuss the concept of Maximum Domain of Attraction (MDA) with examples.
7) What are ‘non-catastrophic losses’? How is the ‘total loss amount’ in respect of such a loss determined?

IGNOU MECE-03 (July 2023 - January 2024) Assignment Questions

भाग (क)

1) यूनिट - लिंक्ड ( ईकाई सम्बन्ध) बीमा अनुबंधों के मामले में कीमत निर्धारण कैसे किया जाता है ? (i) बिना गारंटी और (ii) गारंटीकृत लाभ की स्थितियों के विशेष संदर्भ में व्याख्या कीजिए ।
2) प्रसंभाव्य दावा सुरक्षित निधि का क्या अर्थ है ? (i) चेन लैडर ( श्रृंखला सोपान) मॉडल और (ii) ओवर- डिस्पर्स्ट (अत्यधिक फैले हुए) पाइसोमॉडल के संदर्भ में इस पर चर्चा करें।

भाग (ख)

3) औसत विवर्तन प्रतिमान क्या हैं? यह औसत विवर्तन उछाल प्रतिमान से कैसे भिन्न है ?
4) सीमोपरि हानि (हानि रोक) पुनर्बीमा' और 'अतिहानि (हानि आधिक्य) पुनर्बीमा' के बीच अंतर करें।
5) उदाहरण के साथ 'प्रतिप्राप्तिवक्रों (यील्डकर्क्स) पर एक टिप्पणी लिखिए।
6) अधिकतम आकर्षण परिसर (एमडीए) की अवधारणा पर उदाहरणों के साथ चर्चा करें।
7) 'गैर-विनाशक हानियां क्या हैं? इस तरह की हानि के संबंध में 'सकल हानि राशि कैसे निर्धारित की जाती है?

MECE-03 Assignment Details

  • University IGNOU (Indira Gandhi National Open University)
  • Title Actuarial Economics: Theory and Practice
  • Language(s) English and Hindi
  • Session July 2023 - January 2024
  • Code MECE-03
  • Subject Economics
  • Degree(s) MA
  • Course Optional Courses
  • Author Gullybaba.com Panel
  • Publisher Gullybaba Publishing House Pvt. Ltd.

Assignment Submission End Date

The IGNOU open learning format requires students to submit study Assignments. Here is the final end date of the submission of this particular assignment according to the university calendar.

  • 30th April (if Enrolled in the June Exams)
  • 31st October (if Enrolled in the December Exams).

Download Files & Sessions Details

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English Language

  • July 2023 - January 2024 20 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MECE03-EN-402

Hindi Language

  • July 2023 - January 2024 14 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MECE03-HI-403

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  • All Solved Answers By IGNOU Experts.
  • Available for 3 Times for Download.
  • Downloadable Soft Copy in PDF.
  • Print Ready Format: A4 (21 x 29 x .20 cm (Width x Length x Height)

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