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UGC NET Economics Unit 5 PYQs, Important Questions with Answers

UGC NET Economics Unit 5 focuses on Environmental Economics and Demography, covering topics such as sustainable development, environmental valuation methods, population theories, public goods, climate change, international environmental agreements, and demographic indicators. Solving previous years' questions (PYQs) helps candidates identify key topics, understand question patterns, and strengthen conceptual clarity, leading to better performance in the examination.

authorImageAnanya Gupta10 Jun, 2026

Environmental Economics and Demography form an important part of Unit 5 of the UGC NET Economics syllabus and frequently contribute questions to the examination. This unit covers a wide range of topics, including sustainable development, environmental valuation techniques, public goods, climate change policies, population theories, demographic indicators, and international environmental agreements. 

Practicing previous years' questions (PYQs) is one of the most effective ways to understand the types of questions asked, identify important concepts, and improve exam readiness. By reviewing PYQs, candidates can strengthen their conceptual understanding, enhance retention of key facts and theories, and develop the confidence needed to tackle Unit 5 questions in the UGC NET Economics exam. 

UGC NET Economics Unit 5 PYQs

UGC NET Economics Unit 5 PYQs focus on Environmental Economics and Demography.  By practicing these PYQs regularly, aspirants can improve accuracy, revision speed, and overall performance in the UGC NET Economics examination.

Q1. The concept of “Tragedy of the Commons” was given by:
A) Keynes
B) Garrett Hardin
C) Amartya Sen
D) Pigou
Answer: B 

Q2. The Contingent Valuation Method is used to measure:
A) GDP
B) Inflation
C) Willingness to Pay for Environmental Goods
D) Interest rates
Answer:

Q3. Which of the following is a public good?
A) Private car
B) National defence
C) Food grain
D) Clothing
Answer: B

Q4. The Pigouvian tax is related to:
A) Subsidy on exports
B) Correcting negative externalities
C) Income tax structure
D) Trade policy
Answer: B

Q5. Brundtland Commission is associated with:
A) Industrial policy
B) Sustainable development
C) Monetary policy
D) Tax reforms
Answer: B

Q6. How many Sustainable Development Goals (SDGs) are there?
A) 12
B) 15
C) 17
D) 20
Answer: C

Q7. The Montreal Protocol is related to:
A) Climate change funding
B) Ozone layer protection
C) Biodiversity
D) Forest conservation
Answer: B

Q8. Neonatal mortality refers to death within:
A) 7 days
B) 14 days
C) 28 days
D) 1 year
Answer: C

Q9. Net Reproduction Rate (NRR) of 1 means:
A) Population is declining
B) Population is growing rapidly
C) Population is stable
D) No births occur
Answer: C

Q10. According to Malthusian theory, population grows:
A) Logistically
B) Arithmetically
C) Exponentially
D) Randomly
Answer: C

Q11. Hedonic pricing method is based on:
A) Travel cost
B) House prices
C) Survey sampling
D) Agricultural output
Answer: B 

Q12. Travel Cost Method is mainly used to value:
A) Pollution
B) Forests
C) Tourist sites
D) Currency value
Answer: C

Q13. “Silent Spring” was written by:
A) Rachel Carson
B) Amartya Sen
C) Karl Marx
D) Keynes
Answer: A 

Q14. “Economics of the Coming Spaceship Earth” was given by:
A) Hardin
B) Boulding
C) Pigou
D) Marshall
Answer: B

 

UGC NET Economics Unit 5 PYQs FAQs

What is the focus of Environmental Economics?

It studies how economic activity affects the environment and how to manage resources efficiently.

What is Coase Theorem about?

It explains how private parties can solve externalities if property rights are clear and transaction costs are low.

What is Tragedy of the Commons?

It describes overuse of shared resources due to individual self-interest.

What is Net Reproduction Rate (NRR)?

It shows the average number of daughters a woman gives birth to who survive to reproductive age.
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