Week Learning Objectives Seminar / Tutorial 1 (1 h) Remarks Lecturer (Wed A, 1.5 h) (Week A: 1 h, Week B: 1.5 h) Students should be able to: Lecture (1.5h) Chapter 13: Market Failure & Understand that social-wellbeing Government intervention 1 falls when the workings of the free Information failure (causes Tutorial (1h) 27 Mar (Wed): Mr 25-29 market economy are imperfect & do Macro CSQ Test Correction and government Tutor to decide Visit to LTA Nandwani Mar not allocate resources efficiently. intervention) Understand the working of perfect Merit & Demerit Goods markets & how key economic Inequality in the decisions are made. distribution of Income Explain how the existence of public Seminar (1h) Tutorial (1.5h) goods leads to market failure. Chapter 13: Market Failure & Chapter 13: Market Failure & 2 Understand that externalities are Government intervention Government intervention 1-5 Apr the (positive or negative) side Government Failure Sec 2, CSQ5: The Growth effects of a market activity Cost-Benefit Analysis of Air Travel (production or consumption) that affects individuals who do not Tutorial (1h) Tutorial (1h) directly participate in the activity. Lecture (1.5h) 3 Chapter 13: Market Failure & Chapter 13: Market Failure & Understand that the market Micro CSQ Test 8-12 Government intervention Government intervention quantity of merit (socially desirable) Sharing on LTA Learning Apr Sec 2, CSQ4: Healthcare in Sec 2, CSQ4: Healthcare in goods or services is less than the Journey China and India China and India socially desirable quantity. Understand that the market Tutorial (1.5h) 16 Apr (Tue): quantity of demerit (socially Chapter 13: Market Failure & Running Fri B 4 undesirable) goods or services is Tutorial (1h) Government intervention timetable 15-19 more than the socially desirable Micro CSQ Test Feedback Sec 2, CSQ6: Government Apr quantity. Subsidies: Are They 19 Apr (Fri): Good Use the basic tools of economic Desirable? Friday PH analysis to show allocative inefficiencies resulting from the Lecture (1.5h) Tutorial (1h) 5 divergence between private & social Chapter 13: Market Failure & 27 Apr (Sat): Chapter 13: Market Failure & 22-26 benefits or costs. Tutor to decide Government intervention Government intervention College Day Mr Yan Apr Sec 2, CSQ1: Water: Sec 3: Q5 & 6 Scarcity or Shortage * Students are to come fully prepared for the identified questions 1
Nagaland Salaries, Allowances and Other Facilities of The Chief Minister, Other Ministers, Speaker, Leader of Opposition, Deputy Speaker, Parliamentary Secretaries and Other Members of The Nagaland Legislative Assembly and Pension for Ex-Members Act, 2005