Due Date: 12
th April, 2012 Marks: 20
Pakistan is facing a persistent problem of illegal use of drugs such as heroine, cocaine and
crack. According to the annual report of United Nations Office on drug and crime, Pakistan’s
annual heroine market is worth $1.2 billion. More than 90% of the world’s opium which is
used for the production of alcohol and heroine is produced in neighboring country
Afghanistan and distributed to Pakistan, Iran and other countries. Pakistan is one of the main
suppliers of heroine to the whole world. According to government sources, 600,000 people
enter into drug abuse in Pakistan annually. Drug use has several adverse effects. One is that
drug addiction can destroy the lives of drug users and their families. Another is that drug
addicts often turn to robbery and other violent crimes to obtain the money needed to fulfill
their habit. Several steps have been taken by the Government of Pakistan to minimize the
use of drugs.
Following steps have been taken by the government to minimize the use of drugs. Identify
the effect of each step on demand curve of drugs, supply curve of drugs, equilibrium price
and equilibrium quantity of drugs with the help of diagram.
a. Government imposes ban on some drugs from entering the country.
b. Government introduces awareness programs to educate the general public about the
harmful effects of drug usage.
c. Government hires new anti-narcotics officers to fight against the usage of drugs.
Being an economist, elaborate the impact of supply side policies on prevailing drug related
crimes in Pakistan in short run and long run?
(Marks: A = 5+5+5, B = 5)
Please read the following instructions carefully before preparing the assignment solution:
For acquiring the relevant knowledge, do not rely only on handouts but watch the
course video lectures, which can be downloaded for free from
also use other reference books.
For planning your semester activities in an organized manner, you are advised to view
schedule of upcoming Assignments, Quizzes and GDBs in the overview tab of the
course website on VULMS.
Graphs are very important in Economics course. This assignment will enhance your skill
of drawing graphs. A complete procedure of
“How to draw graphs in MS-Word” is
uploaded on announcement page of LMS. Get help from that uploaded file to solve your
Corrigendum related to lecture # 2, 3, 5, 6 and 7 have been uploaded on LMS in the
announcement section. Read these corrigenda attentively before solving assignment.
Draw diagrams by yourself. Do NOT copy from any source. NO need to write irrelevant
Properly label the diagrams where required. Labeling also contains
Only in the case of Assignment,
24 hours extra / grace period after the due
date is usually available to overcome uploading difficulties which may be faced
by the students on last date. This extra time should only be used to meet the
emergencies and above mentioned due dates should always be treated as final
to avoid any inconvenience.
Please read the following instructions carefully before attempting the assignment solution.
Make sure that you upload the solution file before the due date. No assignment
will be accepted through e-mail once the solution has been uploaded by the
Use the font style “Times New Roman”/ “Arial” and font size “12”.
It is advised to compose your document in MS-Word 2003.
Use black and blue font colors only.
Every student will work individually and has to write in the form of an analytical
Give the answer according to question.
For acquiring the relevant knowledge don’t rely only on handouts but watch the
video lectures and use other reference books also.
Rules for Marking
Please note that your assignment will not be graded or graded as Zero (0) if:
It has been submitted after due date
The file you uploaded does not open or is corrupt
It is in any format other than .doc (MS. Word)
It is cheated or copied from other students, internet, books, journals etc…
nai sirf part A k liye hein graphs.
See the attached file please
Government imposes ban on some drugs from entering the country.
In this case the supply will stop and demand and price will increases.
The diagram will be as.
Government introduces awareness programs to educate the general public about the harmful effects of drug usage.
Now due to awareness of the people about drug harm ness the demand will decreases and as will as the price of the drug will also decrease.
Government hires new anti-narcotics officers to fight against the usage of drugs.
In this situation the demand and supply will increases whereas the price will decrease of the drug.
Being an economist, elaborate the impact of supply side policies on prevailing drug related crimes in Pakistan in short run and long run?
Opium smuggling and cultivation, as well as heroin production, became major problems after the Soviet invasion of Afghanistan in 1979. The war interrupted the opium pipeline from Afghanistan to the West, and Ayatollah Rudolph Khomeini's crackdown on drug smuggling made shipment through Iran difficult. Pakistan was an attractive route because corrupt officials could easily be bribed. Although the government cooperated with international agencies, most notably the United States Agency for International Development, in their opium poppy substitution programs, Pakistan became a major center for heroin production and a transshipment point for the international drug market. The problem of drugs in Pakistan taking very serious affect in the lives of over citizens as well as on our economic condition. It should be fully controlled otherwise it will destroy our people and economic. Innocent people had lost their lives due to ignorance and unawareness from drugs.
The Ministry of Health, however, has established the National AIDS Control Programmed to monitor the disease and to try to prevent its spread. During 1993 twenty-five AIDS screening centers were established at various hospitals, including the Agha Khan University Hospital in Karachi, the National Institute of Health in Islamabad, and the Jinnah Postgraduate Medical Center. AIDS screening kits and materials are provided free at these facilities. By early 1994, approximately 300,000 people in Pakistan had been tested.
Supply of drugs tends to be more elastic in the long run than in the short run.
The government should strictly bind all agencies and people who are involve in drug business. Heavy taxes should be levy on the drugs related things.
If the supply of drugs is fully controlled by the government then I think we can have 90% controlled over drugs. Mostly all supply of drugs are comes from smuggling from Pakistan and afghan border. There should be a strict checking system over there to controlled and over come this problem. So we all should take vital role for economic stability of our country as good citizens. www.vustudents.ning.com
ECO401 Assignment no 1 Solution 2012
One more idea solution
simple baat hai k in first case demand will increase and in other cases, supply will decrease. pata nai kia chakro main dala hai
Man Samjaun Aur samj na aye...
and sani itni bi simpl baat nahi
Jab tak solution nahi th tb tak mushkal th aur jab solution mil gaya to...
waqar bhai meine apke sol se help le kar assignment banaya hai aap 100 %sure ho na