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

1. Answer the following questions : (a) The relationship of economics with mental health is bi-directional and complex. In light of the above statement, explain the relevance of economics in mental health. (b) Evaluate the role of private sector agencies in the health care service delivery system in low- and middle-income countries. 2. Answer the following questions : (a) The growth in health care spending is attributable to more services, higher-quality services, and relative increases in the prices of health care services. Explain why? Social capital, produced by groups, is increasingly viewed as a substantive determinant of individuals' health. In light of this statement, discuss the role of social capital as a determinant of the health status of individuals. 3. Using an appropriate diagram, show how an individual determines the optimal demand for insurance. How does the optimal demand for insurance by an individual change with an increase in the premium charged by the insurance (18) 4. Answer the following questions : (a) Assume that health production is subject to diminishing returns and that each unit of health care employed entails a constant rate of iatrogenic (medically downwards? Explain. caused) disease. Would the production of health function eventually bend (b) Consider an individual with an initial wealth of Rs 50,000. She buys a health insurance policy with a coverage amount Rs10,000. The probability of her the premium percentage of the insurance policy is 10% of the coverage getting ill is 40%. If she falls ill, she will incur a loss of Rs 20,000. Suppose amount. Find the expected wealth of this individual from this insurance policy. 5. Answer the following questions : (a) Summarize various theories on how schooling is correlated with health status. Which of the two theories does the evidence support? (b) In reference to the figure given below, discuss the relationship between economic outcomes and health outcomes across countries. Japan Norway China United Russia Trinidad Life expectancy at birth, 2010, both sexes 65- Turkmenistan India Gabon Botswana •Equatorial Guinea GDP per capita, 2010, price-adjusted 2005 USS Write short notes on any TWO of the following (a) Cost-Effectiveness Analysis versus Cost-Benefit Analysis of any health intervention (b) Moral Hazard Problem in Health Insurance (c) Out-of-pocket payments for health care services