AIOU Course Code 9320 Question Paper Spring 2025

ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

(Department of Economics)

WARNING

PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
SUBMITTING ASSIGNMENTS BORROWED OR STOLEN FROM OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN “AIOU PLAGIARISM POLICY”.

Course: Public Sector Economics (9320) Semester: Spring, 2025

1. All questions are compulsory and carry equal marks but within a question the marks are distributed according to its requirements.

2. Read the question carefully and then answer it according to the requirements of the questions.

3. Handwritten scanned assignments are not acceptable.

4. Upload your typed (in Word or PDF format) assignments on or before the due date.

5. Late assignments can’t be uploaded on LMS.

6. Your own analysis and synthesis will be appreciated.

7. Avoid irrelevant discussion/information and reproducing from books, study guides, or allied material.

Total Marks: 100 Pass Marks: 50

ASSIGNMENT NO: 1

(Units 1-5)

Q. 1 Describe the fiscal and monetary instruments of stabilization policy. (20)

Q. 2 Illustrate the Pareto optimal supply of private versus public goods. (20)

Q. 3 Discuss the Utilitarian and Egalitarian criterion as an approach to the distributive justice. (20)

Q. 4 Describe the theory of Representative Democracy. (20)

Q. 5 Describe the consumer surplus and the decision to undertake the project.

(20)

Total Marks: 100 Pass Marks: 50

ASSIGNMENT NO: 2

(Units 6-9)

Q.1 Describe the expenditure policy and illustrate the social cost-benefit analysis. (20)

Q.2 Discuss the role of government in the healthcare sector. (20)

Q.3 Illustrate the Behavioral and financial effects of Taxation. (20)

Q.4 Write a comprehensive note on death duties and payroll tax. (20)

Q.5 Describe the fiscal stabilisation and illustrate various income maintenance programs. (20)