FREE BECE-143 Solved Assignment English Medium 2022-23

 Free BECE143 Solved Assignment English Medium 2022-23 for July 2022 and January 2023 Session

B.E.C.E-143

ENVIRONMENTAL ECONOMICS

Answer all the questions 

A. Long Answer Questions (word limit-500 words) 

1) Explain Command and Control Approach (CAC) approach. Outline its advantages and disadvantages.

2) Differentiate between the stated preference and revealed preference methods of evaluating environmental resources and describe the Travel cost method. 

B. Medium Answer Questions (word limit-250 words) 

3) Explain the efficiency in product-mix with the help of efficiency in consumption and efficiency in production.

4) Elucidate the rationale behind ‘Pigouvian Tax’. How does it work?

5) Explain the efficient provision of a public good with the help of a diagram. 

C. Short Answer Questions (word limit 100 words) 

6) Differentiate between: 

(a) Weak sustainability and Strong Sustainability

(b) Willingness to Pay and Willingness to Accept

(c) Negative and Positive Externality

7) Write short notes on the following. 

(a) Global Commons

(b) Social Optimality

(c) Limitations of Coasian Bargaining

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