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Due Date: 12

th April, 2012 Marks: 20

The Case:

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.

Requirement:

Part A:

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.

Part B:

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)

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Attachments:

Replies to This Discussion

nai sirf part A k liye hein  graphs.

ECO401+Assignment#1+Complete+Solution+Spring+2012

See the attached file please

Attachments:

 (a)

Government imposes ban on some drugs from entering the country.

 

Answer.

In this case the supply will stop and demand and price will increases.

The diagram will be as.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b)

 

Government introduces awareness programs to educate the general public about the harmful effects of drug usage.

 

Answer

 

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.

 

 

 

 

 

 

www.vustudents.ning.com

 

 

 

 

 

 

 

 

 

 

 

(c)

Government hires new anti-narcotics officers to fight against the usage of drugs.

 

Answer:-

 

In this situation the demand and supply will increases whereas the price will decrease of the drug.

 

 

 

Part B:

Being an economist, elaborate the impact of supply side policies on prevailing drug related crimes in Pakistan in short run and long run?

www.vustudents.ning.com

 

Answer:-

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

Attachments:

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...

 

Impossible

and sani itni bi simpl baat nahi

 

 

Jab tak solution nahi th tb tak mushkal th aur jab solution mil gaya to...

 

Sad na

 

waqar bhai meine apke sol se help le kar assignment banaya hai aap 100 %sure ho na

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