MECE-104: Economics of Social Sector and Environment – Assignment Answer Index
Below is the complete list of answers for the IGNOU MECE-104 Tutor Marked Assignment for the 2024–25 academic session. This master post links each question to its detailed blog post answer. All responses are written in clear, easy-to-understand language for MA Economics students.
🔷 Section A – (20 Marks Each, ~500 Words)
- Discuss the various situations of ‘market failure’ leading to environmental degradation.
- Discuss the significance of ‘efficiency wage’ in contributing to health and productivity of workers.
🔷 Section B – (12 Marks Each, ~300 Words)
- Explain how ‘poverty’ is not the sole determinant of malnutrition.
- Specify the fundamental challenges of using the non-renewable resources optimally.
- Derive the results for the optimal use of renewable resources under the discrete and continuous time frames.
- Describe the concept of ‘quasi markets’ in the provisioning of public services.
- Derive the conditions of optimality for buying health insurance in cases of absence/presence of free riders.
Course Code: MECE-104
Assignment Code: MEC-108/AST/2024-25
Programme: M.A. Economics (MAEC)
Category: MECE-104
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