Elaborate the issues and concerns of global warming and climate change.

What are the major strengths of Public private partnerships (PPP)? Explain its major forms.

What is Special Drawing rights (SDR)? Discuss its main features.

Explain the export driven model of economic development. Discuss its major criticisms.

Discuss the major environmental issues and concerns associated with economic development. Discuss major challenges to India’s environment

Who does bear the tax burden when the demand is perfectly elastic and supply is of normal shape?

Draw an income consumption curve in case the good marked on the horizontal axis is a necessity good while that marked on the vertical axis is a superior good.

What is meant by Arbitrage?

The concept of consumer’s surplus is derived from the law of diminishing marginal utility. Discuss.

Why does the marginal rate of technical substitution (MRTS) decline as we move rightward and downward along a convex-shaped isoquant?

For equilibrium, a producer may attempt maximization of output subject to a given cost or alternatively, he may seek to minimize cost subject to a given level of output. Do you agree? Discuss.

Illustrate the impact of a price support measure imposed by the government on the market of a commodity under the following conditions:

(i) When the price floor is fixed at a price lower than the equilibrium price.
(ii) When the price floor is fixed at a price equal to the equilibrium price. 

On what grounds is the law of diminishing marginal utility being criticized by the modern economists?

Discuss the concept of Utility. How is the cardinal utility approach different from the ordinal utility approach?

Illustrate isoquants having positively sloped segments. In the same diagram construct ridge lines and explain the concept of Economic Region of Production.

Explain the concept of an Expansion path? Explain why an expansion path in case of a linear homogeneous production function is a straight line? Discuss.

Discuss the reasons behind a typical U-shaped long-run average cost curve (LAC) that a firm may face over its range of output in the long run.

The behaviour of the firm which seems to be efficient in the short-run may found to be inefficient in the long-run. Do you agree? Explain using appropriate diagram.

Draw an income consumption curve in case the good marked on the horizontal axis is a necessity good while that marked on the vertical axis is a superior good.

Discuss the concept of excess capacity associated with the long run equilibrium under Monopolistic competition.