ECON111 - Micro Economics Principles - Economics Assignment Help

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ECON111 - Micro Economics Principles - Economics
Assignment Help
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Economics Assignment Help
In the Indian state of West Bengal, many farmers
work as sharecroppers (bargadars in the Bengali
language), renting land from landowners in
exchange for a share of the crop. The traditional
contractual arrangements throughout this state
varied little from village to village, with
virtually all bargadars giving half their crop to
the landowner at harvest time. Economics
Assignment Help This had been the norm since at
least the eighteenth century. However, because of
the extreme levels of deprivation among the
bargadars many thought this was unfair. In 1973,
73 of the rural population lived in poverty, one
of the highest poverty rates in India. In 1978,
the newly elected Left Front government of West
Bengal adopted new laws, called Operation Barga.
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The new laws stated that Bargadars could keep
up to three-quarters of their crop. Bargadars
were protected from eviction by landowners,
provided they paid them the 25 quota. Both
provisions of Operation Barga were advocated as a
way of increasing overall output and the incomes
of the farmers. Indeed, Operation Barga was
subsequently cited by the World Bank as an
example of good policy for economic development.
One study suggested that Operation Barga was
responsible for around 28 of the subsequent
growth in agricultural productivity in the
region. The empowerment of the bargadars also
had positive spillover effects as local
governments became more responsive to the needs
of poor farmers.
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Q1 Use your knowledge of economic incentives to
explain the possible reasons for the success of
Operation Barga in increasing the overall output
of the region and the incomes of the farmers. Q2
From a consequentialist perspective, was the
introduction of Operation Barga ethically
justified?  Q3 Using a deontological ethical
framework, construct an argument either in favor
of Operation Barga or against it.  Q4 Did the
introduction of Operation Barga result in a
Pareto improvement in allocations between the
farmers and landowners? Explain your answer. 
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Q5 What can Pareto efficiency tell us about the
fairness and equality of allocations? When
discussing your answer be sure to reference the
specific case of Operation Barga. (4 marks)You
are now asked to model the trade-off between free
time and production for an independent farmer
named Mamata who owns the land on which she
works.If Mamata was able to work 24 hours a day
she could produce 4 tonnes of rice (the principal
food crop cultivated in West Bengal) each day.
You are told that Mamatas utility- maximising
choice is to work for 8 hours and produce 3
tonnes of rice. Q6 Use the model of
decision-making under scarcity developed in week
3 to show Mamatas optimal choice of free time
and rice production. On this diagram be sure to
label and define her feasible frontier, set of
indifference curves and optimal choice. Now you
are informed that Mamata is no longer an
independent farmer. Instead, she works as a
Baradar and rents the land on which she works
from a landowner and keeps 75 of the rice that
she produces (The case after the adoption of
Operation Barga). 
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Q7 Using your answer to Q6 as a starting point,
show (on a separate model) Mamatas new optimal
choice as a sharecropper. Again, be sure to label
and define each of the relevant points and lines
on your diagram. List each of the assumptions you
made when developing your model. Q8 Discuss how
the models developed in Q6 and Q7 can be used by
economists to evaluate the fairness of economic
outcomes? IMPORTANT INFORMATION The assignment is
strictly 2000 words maximum (excluding reference
list). There is no specific word count for each
question, but you must keep within the total word
limit across all questions in the assignment. The
assignment must be prepared using a word
processing program (e.g. Microsoft Word). As
detailed below, however, your final submission
must be in PDF format. Any included
figures should be prepared electronically (e.g.
Microsoft Word drawing tool).
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