MEC-106 English Medium Solved Assignments 2025-26

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MEC-106 English Medium Solved Assignments 2025-26 Available

Section-A
1. Distinguish between equity and equality? Critically examine the Rawal’s theory and Nosick’s theory of justice in this regard.
2. What do you mean by the term “stabilization”? Explain the role of various instruments of fiscal policy to achieve the objectives of low unemployment and price stability?
Section B

3. What is market failure? What kinds of state intervention are required to address the problem of externality and imperfect information?
4. How does quantity of public goods and its distribution to the consumers is determined?Explain the Samuelson’s pure theory of public expenditure in this regard.
5. Distinguish between collective decision making and individual decision making? Explain with examples how individual decision making is a case of general equilibrium?
6. What is ‘deficit financing’? Explain how is it met?
7. Write short notes on the following:
(i) Nash Equilibrium
(ii) Finance Commission
(iii)GST
(iv)Incentive regulations