BECE-143 English Medium Solved Assignments 2024-25

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BECE-143 English Medium Solved Assignments 2024-25 Available

Answer all the questions
A. Long Answer Questions
1) What are Public Goods? Explain their features with the help of examples. Is the efficient provision of a public good different than the efficient provision of a private good? Explain your response with the help of appropriate diagrams.
2) Discuss the Coase Theorem. How does it work? Explain with examples. Are there any limitations of Coasian bargaining? Support your answer with examples.
B. Medium Answer Questions
3) Distinguish between Willingness to Pay and Willingness to Accept. Give examples.
4) What do you understand by the term ‘sustainable development’? Explain any two perspectives on sustainable development.
5) How does Command and Control Approach(CAC)approach work? Discuss its advantages.
C. Short Answer Questions
6) Differentiate between:
(a) Efficiency in production and efficiency in consumption
(b) Stated preference and revealed preference methods of evaluating environmental resources
(c) Use value and non-use value of environmental services
7) Write short notes on the following:
(a) Pigouvian Tax
(b) Stocks and flows of economic assets
(c) Travel cost method