Samvraddhi Evam Vikas Ka Arthshastra B.A Economics 6th Sem P-2nd Pareeksha Class Notes LU Latest Objective Pattern 2021

Samvraddhi Evam Vikas Ka Arthshastra B.A Economics 6th Sem P-2nd Pareeksha Class Notes LU Latest Objective Pattern 2021

Publisher: Pareeksha Prakashan

Language: Hindi

Description: Economics of Growth & Development

Unit I: Economic Growth and Development
Conception of Development Economic Growth and Development-Definition, Distinction and Measurement, Traditional Economic Measures- GNP, GDP, income per capita, Characteristics of developing nations, Economic and Non-Economic factors in economic development.

Unit II: Major Concerns of Development
Poverty and Inequality- Concept of Vicious Circle of Poverty, Measuring Absolute Poverty, Poverty Line, Poverty Gap, FGT poverty measure and HPI Concept of Inequality, Unemployment, Concept of Human Development and Its Indices, HDI, PQLI, HPI and GDI.

Unit III: Theories of Economic Growth and Development
Lewis model of labour surplus economy, Rosentein Rodan’s theory of Big Push, Nelson’s Level equilibrium trap, balanced vs Un-balanced growth, Rostow’s stages of growth, Harrod and Domar Growth models.

Unit IV: Development and International Issues
International aspects of economic development; International trade, FDI, FII, Regional cooperation (SAPTA, NAFTA, SAARC, BRICS etc.) , WTO and developing countries.

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