LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034 M.A. DEGREE EXAMINATION – ECONOMICS
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FIRST SEMESTER – NOV 2006
EC 1808 – ENVIRONMENTAL ECONOMICS
Date & Time : 31-10-2006/1.00-4.00 Dept. No. Max. : 100 Marks
Part – A
Answer any FIVE questions in about 75 words each. (5 x 4 = 20 marks)
- Briefly explain the command and control instruments to manage the environment.
- Explain the services of environment with suitable examples.
- Bring out the various kinds of atmospheric pollution.
- List down the causes and consequences of marine pollution.
- What is meant by ‘Desertification’?
- Write a note on ‘Pigouvian Tax’.
- Bring out the bio diversity of India.
Part – B
Answer any FOUR questions in about 300 words each. (4 x 10 = 40 marks)
- Discuss the Coasean bargaining problem and property rights.
- Distinguish between price based instruments and quantity based instruments on environmental management.
- Bring out the resource taxonomy used by the U.S. Geological survey.
- Give an overview of growing awareness of forestry programmes in India.
- Briefly examine Garret Hardin’s concept of misuse of public properties with suitable examples from around the world.
- Discuss in detail the results of global warming.
- Discuss the ‘James Hovelock’ hypothesis.
Part – C
Answer any TWO questions in about 900 words each. (2 x 20 = 40 marks)
- Discuss the nature and scope of the subject Environmental Economics.
- Examine the global politics on issues related to environment protection.
- What are externalities? Why do externalities lead to market failure?
- ‘The invention of a new technology is not necessarily a threat to the environment; rather it is usually the best hope of environmental improvement’ Do you agree?