MECE-103: Actuarial Economics – Assignment Answer Index (2024-25)
Below is the master index of all answers for the IGNOU MECE-103 Tutor Marked Assignment for the 2024–25 academic year. Each answer is written in easy-to-understand language and linked to its dedicated page.
📘 Section A – 700 Words Each (20 Marks)
- Why is health insurance important for individuals? Describe the various types of health insurance contracts.
- Define the term risk. Discuss various categories of risk. How is valuation of risk made?
📗 Section B – 400 Words Each (12 Marks)
- What are the assumptions on which the Black-Scholes theorem is based? What are the important conclusions of the Black-Scholes theorem?
- What is meant by annuities? Distinguish between various types of annuities.
- Distinguish between the traditional approach and the integrated approach to risk management.
- Bring out the significance of extreme value theory.
- Write short notes on the following: a) Sinking Fund b) Net Present Value c) Hazard Function
Course Code: MECE-103
Assignment Code: MECE-103/TMA/2024-25
Programme: M.A. Economics (MAEC)
Category: MECE-103
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