Economics(Paper-4) - Shivaji University

UNIT - 3
Domestic Measures for Economic Development
INDEX
3.0 Objectives
3.1 Introduction
3.2 Subject Matter
3.2.1 Capital Formation and Economic Development
3.2.2 Role of Agriculture and Industry in Economic Development
3.2.3 Role of Monetary and Fiscal Policy in Economic Development
3.2.4 Role of Government in Economic Development.
3.3 Summary
3.4 Glossary
3.5 Questions for Self-learning
3.6 Answers for Self leaving
3.7 Questions for self-study
3.8 Reference for further readings
3.0 Objectives :
In the last unit some of the important theories of Economic development have
gave us the ideas of economic development to take the problems of developing
countries. In this unit we will study the various variables in economy which helps to
have on Economic development and developing and developed countries. While doing
so we should keep in mind certain objectives as follows.
To find out the relation between capital formation and economic development.
To examine the role of agriculture and industry in Economic development.
To study the role of monetary and fiscal policy in Economic development.
To understand the role of Government in Economic development
3.1 Introduction :
Economic Development is an important aspect in the literature of economics.
Without this it would be impossible to understand the performance of rest of the factors
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