Characterise the basic features of health services distinguishing between healthcare and medical care.

Specify the functional form of ‘Gini Coefficient’ with its underlying rationale. Outline how it is useful to measure income and consumption inequalities

How are ‘market prices’ and ‘shadow prices’ are useful as valuation tools for environmental services? Explain.

In what way the ‘organisational change and technical efficiency’ impacts the supply of healthcare services? Discuss.

Briefly explain the concept of Capability Approach propounded by Sen.

Explain Arrow’s perspective of healthcare market.

Discuss the limitations of Coase Theorem.

Briefly discuss the case of ‘model with stock effects’ to illustrate the ‘economics of exhaustible resources’.

Briefly explain how the systems approach (i.e. ‘programming and input-output models’ approach) is helpful in educational planning?

Write a note on the different theories of ‘common property resource management’.

Briefly discuss the usefulness of environmental accounting practices.

Using mathematical formulation, show that in the presence of externalities, the price taking profit maximising behaviour will not necessarily lead to an efficient allocation of resources.

Bing out the relationship between economic development and health

Discuss the different approaches to measuring poverty

Critically examine the relative merits and demerits of the fixed and flexible exchange rates.

Discuss the various instruments of trade protection. Differentiate between quotas and tariffs.

Describe the evolution of international monetary system. Examine the trends in the international monetary and financial systems

What are the various forms of economic integration? How is trade diversion different from trade creation? Elucidate

Explain multilateral framework of international trade. Explain its main features

Explain the various concepts of terms of trade. Critically examine the behavior of terms of trade as explained by Prebisch