Education and Development — DU B.A. (Hons.) Economics Previous Year Question Papers

Q 1: Development strategies, until very recently, have tended to focus more on achieving quantitative goals of education. Discuss in this context the importance of simultaneous : improvements in access and quality of education in achieving economic gains while keeping the institutional factors in mind. (15 marks) Q 2: (a). Discuss the role of educational cost and benefits in signalling and explain it diagrammatically. (10 marks) (b). Suppose you are offered $100 now or $125 in five years. Let the interest rate be 4 percent. Calculate the present value of the $125 option. Which option should you take if your goal is to choose the option with the larger present value? (5 marks) Diagrammatically show the effect of educational reforms (with moderately strong knowledge improvement) of 10, 20 and 30 years of period on improved GDP. (10 marks) Q 3: Early childhood education and child care have received huge attention more recently. Discuss different types of early child interventions that the government can undertake in the presence of market failure and redistribution concerns and the benefits resulting from such interventions. (15 marks) Q 4: Private schools deliver positive private benefits but uncertain social benefits. Discuss in details. (15 marks) Q 5: Peer effect is alluring. It gives rise to the possibility of designing and implementing policies that can supposedly maximise the academic performance with merely a rearrangement of group members. Evaluate in this context, the impact of peer effect on student performance. (15 marks) Q 6: What determines a woman's choice of education and her subject specialization? Does higher education reinforce gender inequality in subject choice? Discuss. (15 marks) Q 7: Is getting into private tutoring a choice, a constraint or a compulsion for parents? Discuss the effects of private tutoring on learning outcomes and school processes. (15 a (educational cost) it a* a (educational benefits) HE a (moderately strong knowledge improvemen be! a (market failure 7T YEaR dE I (redistribution concerns) i child Fee (Private Schools A (private benefits A See ad Ta {{9{989şş (subject specialisation)