BECE-141 EM 2023-24 SOLVED ASSIGNMENT

Description

BECE-141: ECONOMICS OF HEALTH AND EDUCATION
Programme Code: BAECH
Course Code: BECE-141
Assignment Code: BECE-141/AST/TMA/2023-24
Maximum Marks: 100
Answer all the questions
A. Long Answer Questions (word limit – 500 words) 2 × 20 = 40 marks
1) Discuss the concept of ‘equally distributed equivalent achievement’ (EDEA) in the
context of ‘gender adjusted health equality (GAHE)’.

2) Interpret the essence of Solow Residual.
B. Medium Answer Questions (word limit – 250 words) 3 × 10 = 30 marks
3) Specify the conditions for the utility maximisation of healthcare services.
4) Discuss the factors that result in ‘market failure’ in health insurance.
5) Explain the concepts of educational ‘grants’ and ‘loans’ with their impact on the issues
of educational subsidy and compensation.
C. Short Answer Questions (word limit – 100 words) 2 × 3 × 5 = 30 marks

6) Differentiate between:
(a) Physical Capital and Human Capital.
(b) Health Care and Healthcare.
(c) Cost of Illness Approach (CIA) and Willingness to Pay Approach (WTPA).
7) Write short notes on the following.
(a) Concentration Index.
(b) Positive Externality of Consumption.
(c) Health Equit