BECE 141 Economics of Health and Education Solved Assignment 2023-24

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

Long Answer Questions

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.

1. Medium Answer Questions

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.

1. Short Answer Questions

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 Equity.

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