MEC-06 Solved Assignment For IGNOU MA Economics In English Medium
Course Title : Public Economics
Following Questions Are Answered In This Solution:
- Critically evaluate the Kaldor-Hicks Ccriteria and their complementarity for the avoidance of Scitovsky Paradox.
- Does privatization decentralize economic power? Discuss.
- Why is Fiscal Federalism efficient in provision of public services?
- Distinguish between External Debt and Internal Debt. What factors should a government take care of so that the economy does not fall into a debt trap.
- Discuss how public choice is derived through different voting models.
- Explain the main reasons for the emergence of Horizontal Federal Fiscal Imbalance.
- Distinguish between merit and public goods with the help of examples.