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ikB~;Øe (SYLLABUS)
o`f¼ vkSj fodkl osQ vFkZ'kkL=k
(Economics of Growth and Development)
mís';% bl ikB~;Øe dk mís'; Nk=kksa dks vkFkZd fodkl ls lacaf/r leL;kvksa ls ifjfpr djkuk gSA fo'ks"kr% ge fodkl'khy jk‘ªksa
dh fo'ks"krkvksa rFkk vkfFkZd o`f¼ osQ oSdfYid fl¼karksa osQ fo"k; esa ppkZ djsaxsA fo|kFkhZ fodkl'khy jk‘ªksa osQ le{k izLrqr izeq[k
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Objectives:
The purpose of this course is to introduce students to issues and problems related to economic development.
Specifically, we will discuss the characteristics of developing nations as well as alternative theories of economic
growth. Student will examine some of the dominant domestic problems faced by developing countries, such as,
low levels of human capital, urbanization, rural transformation as el as different policies to resolve them.
Sr. No. Description
1 Economics of Growth and Development: Meaning, Measurement, Difference and
Comparisons. Sources of Economic Growth. Human Development Index and PQLI
2 Economic Growth Models-I: Harrod-Domar Growth Model, Neo-Classical Growth
Models
3 Economic Growth Models-II: Growth and Distribution, Total Factor Productivity and
Growth Accounting, Technological Change and Progress
4 Economic Growth Models – III : Model of Optimal Economic Growth, Multi-Sector
Models of Growth,
5 Endogenous Growth Models, Stochastic Growth Models- Business Cycle Theory
6 Social and Institutional Aspects of Development: Difference between Development
and Underdevelopment, Measurement and Indicators of Development, Population
and Development, Economic Development and Institutions
7 Approaches to Development : Vicious Circle of Poverty and Unlimited Supply of
Labor, Lewis Model, Ranis and Fei Model, Big Push Theory of Growth
8 Balanced Growth and Unbalanced Growth, Critical Minimum Efforts Thesis, Low -
Level Equilibrium Trap
9 Dualism and Dependency Theory, Theories of Development: Classical Theories of
Development, Schumpeter Model of Growth
10 Theories of Underdevelopment, Development Strategies: Allocation of
Resources, Cost-Benefit Analysis, Role of planning
