M.A. DEGREE EXAMINATION, APRIL 2016
Fourth Semester
Economics
ENVIRONMENTAL ECONOMICS
(2011 onwards)
Time 3 Hours Maximum 75 Marks
Part A (10 2 20)
Answer all questions.
All questions carry equal marks.
1. What is an eco-system?
2. Define Global Warming.
3. What is meant by externality?
4. Define the term pollution.
5. What is social cost?
6. What are the harmful effects of corban monoxide?
7. What do you mean by environmental economics?
8. Mention the few important need for environmental
valuation.
9. What is acid rain?
10. What is meant by polluter pay principle?
Sub. Code
455401
RW-10828
2
Wk ser
Part B 5 25)
Answer all questions, choosing either or
All questions carry equal marks.
11. Describe the environmental issues under socialistic
economic system.
Or
Discuss material balance model.
12. Discuss the Pareto optimality economic welfare
criterion.
Or
Write short notes on Water Pollution.
13. Discuss Pigorian analysis of externality in
production side.
Or
Critically examine the new model of Pollution
Control.
14. Discuss valuation of natural resources.
Or
Write short notes on replacement cost method.
15. Discuss policy measures to control environment
pollution.
Or
Discuss the water prevention and Control of
Pollution Act 1974.
RW-10828
3
Wk ser
Part C 10 30)
Answer any three questions.
All questions carry equal marks.
16. Discuss ecology and economic growth trade-off.
17. Explain market failure in the case of externalities.
18. Explain travel cost method and hedonic price method of
valuing the environment.
19. Discuss the main features of the environment protection
Act 1986.
20. Explain the Coase theorem.