Economics(Paper-4) - Shivaji University

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4) Prof Colin Clark. 5) Dualism. B) 1) Low 2) Prof Colin Clark 3) Larger 4)Ridden 5) Backward 6) Over 7) Agriculture 8) Dualism 9) Very small 10) Green Accounting. 2.7. Question for Self-Study. A) Write short notes on : 1) Economic development 2) Underdeveloped economy. 3) Millennium Development Goals. 4) Concept of sustainable development. 5) Indicators of sustainable development. B) Broad Question : 1) Explain the concept of Economic development. 2) Explain the characteristics of underdeveloped economy. 3) Explain the millennium development Goals. 4) What is sustainable development? Explain indicators of sustainable development. 1.8 References : 1) Lekhi R.K.- The Economics of Development and planning- Kalyani Publication. Ludhiana-2004 2) Jhingan M.L.- The Economics of Development and planning- Vrinda publication (p) Ltd. Delhi-40 Revised & Enlarged edition-2011. 3) Seth M.L.- Theory and practice of Economics planning – S. Chand and Company Ltd. New delhi 1984. 4) Dewett, Varma and Wadhawan – Economics of growth and development – S. Chand and Company Ltd. 1985 5) Misra and Puri- Growth and Development, Himalaya Publication, Mumbai- 2010. 6) Environmental Economies : A Textbook on internet. 123456789012345678901234567890121234567 123456789012345678901234567890121234567 10 123456789012345678901234567890121234567 123456789012345678901234567890121234567 123456789012345678901234567890121234567 123456789012345678901234567890121234567 123456789012345678901234567890121234567 123456789012345678901234567890121234567
UNIT - 2 Theories of Economic Growth and Development Index : 2.0 Objectives 2.1 Introduction 2.2 Subject Matter 2.2.1 Rostow’s Stages of Economic Growth 2.2.2 Lewis Theory of Unlimited Supplies of Labour 2.2.3 Rodan’s Theory of Big Push 2.2.4 Myrdal’s Theory of Circular Causation 2.3 Summery 2.4 Glossary of Terms 2.5 Exercise 2.6 Reference Books 2.0 Objectives 1. To study Rostow’s stages of economic growth. 2. To study Lewis theory of unlimited supply of labour. 3. To study the Rodan’s theory. 4. To study circular causation theory. 2.1 Introduction Economic development is the process whereby the real per capita income of country especially underdeveloped countries is more anxious about the attainment of economic development. But it is difficult, but not impossible. Using natural resources, manpower and capital available in the country, the country can achieve development desire. But these factors are not abundant in all countries. Some countries have natural resources but not skilled manpower and capital, and some countries have capital but not natural resources abundantly.To use available factors of production, a country how can achieve desired economic development? The answer of this question has given many economists. In this chapter some economists’views about development are given. 123456789012345678901234567890121234567 123456789012345678901234567890121234567 11 123456789012345678901234567890121234567 123456789012345678901234567890121234567 123456789012345678901234567890121234567 123456789012345678901234567890121234567 123456789012345678901234567890121234567 123456789012345678901234567890121234567
Page 1 and 2: B. A. Part-III : Economics Paper 4
Page 3 and 4: 7) “ Economic development is a pr
Page 5 and 6: underdeveloped countries in compari
Page 7 and 8: developing states through the progr
Page 9: 7) Goals : objectives. 8) Disguised
Page 13 and 14: structure of the traditional societ
Page 15 and 16: help of example, “If we take marg
Page 17 and 18: promote and enhance social welfare.
Page 19 and 20: B The Closed Economy : Assumptions
Page 21 and 22: B The Process of Economic Expansion
Page 23 and 24: consider the possibility of the cap
Page 25 and 26: gap between income and expenditure
Page 27 and 28: disequalising force is trade, which
Page 29 and 30: 8. Rostow developed his theory in
Page 31 and 32: UNIT - 3 Domestic Measures for Econ
Page 33 and 34: all kinds. Hence, capital formation
Page 35 and 36: policy. But these trio are and may
Page 37 and 38: 1) Provision of food to evergrowing
Page 39 and 40: the country.The central bank contro
Page 41 and 42: 7) Public Spending : Fiscal policy
Page 43 and 44: 3.3 Conclusion / Summary : Capital
Page 45 and 46: UNIT - 4 International Measures for
Page 47 and 48: Y P S C Import E D P O X1 X2 B X Ex
Page 49 and 50: for the developing countries has al
Page 51 and 52: they are entitled to get dividend a
Page 53 and 54: 4) Infrastructure : Since last thre
Page 55 and 56: III) Advantages of Multi-national C
Page 57 and 58: oundaries of nation states. 2) Mean
Page 59 and 60: 4.3 Summary : 1) Role of Foreign Tr

Economics(Paper-4) - Shivaji University

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