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Can you provide me the Assignment for Master of Arts (Economics) of School of Social Sciences of Indira Gandhi National Open University (IGNOU)?

[prince karak]

The Assignment for Master of Arts (Economics) of School of Social Sciences of Indira Gandhi National Open University (IGNOU) is as follows:

Master of Arts (Economics)

MEC-006: PUBLIC ECONOMICS
Assignment

Section A

Long Answer Questions (Answer in about 500 words each) 20 2=40

1. Define the scope of public economics. Which kind of public intervention is not still considered as a part of public economics and why?

2. Critically evaluate the Kaldor–Hicks criteria and their complimentarity for the avoidance of Scitovsky Paradox.

Section B

Medium Answer Questions (Answer in about 300 words each) 12 5=60

3. What do you understand by “the problem of coordination” in policy?

4. Why did classical economists oppose public debt? What is the modern view on public debt?

5. Write two principles of public debt management as stated by Phillip E. Taylor.

6. Differentiate between the following;
(i) Internal debt and External debt
(ii) Current transfer and capital transfer
(iii) Horizontal fiscal imbalance and Vertical fiscal imbalance

6. Do you think that privatization can always decentralize economic power? Critically discuss.

Assignment for Master of Arts (Economics) IGNOU