Sie sind auf Seite 1von 2


CAT 1: Take Away

Unit Code: CEC 412
Unit Title: Economics of Development
Total Marks: 15%
Submission Date: 17th October 2016
Q1. [117 marks]
a. Until 1940s the study of economic development of the LDCs was based on
the socio-cultural framework of the Western European countries. Explain
briefly the factors that aroused interest in economic development of LGCs
after the Second World War. (4 marks)
b. List the following
1. Measures of economic development (4 marks)
2. Obstacles to economic development (6 marks)
3. Characteristics of underdevelopment (11 marks)
4. Characteristics of modern economic growth as identified by Kuznets (6
5. Environmental problems facing LDCs. (6 marks)
6. List the strategies and approaches pursued since 1950s in development
economics (i.e., development economics in retrospect) (10 marks)
c. Distinguish between the following terms
1. Economic growth and economic development. (4 marks)
2. Economic growth factors and non-economic growth factors (12 marks)
d. Explain briefly the following factors as characteristics of underdevelopment
1. General poverty. (4 marks)
2. Dualism (6 marks)
3. Agriculture (4 marks)
e. Explain briefly the following terms
1. Social indicators approach in measurement of economic development
2. Vicious circles poverty (6 marks)
3. Basic human needs strategy (6 marks)
4. Sustainable development and policies for sustainable development (10
5. Outward expansion as factor in modern economic growth (5 marks)
6. Stabilization and structural approach to economic development. (5

CAT 2: Take Away

Unit Code: CEC 412
Unit Title: Economics of Development
Total Marks: 15%
Submission Date: 7th November 2016

Q1. [96 marks]

a. List the following
1. Two approaches for measuring degree of income inequality (2 marks)
2. Factors that tend to increase income inequality with development (5
3. Two key reasons for decrease in income inequality with development (2
4. Factors that explain the Classical theory (6 marks)
5. Limitations of the Classical theory (6 marks)
6. Factors that explain Marxian theory (3 marks)
7. Limitations of the Marxian theory (4 marks)
8. Marxs stages of growth (5 marks)
9. Rostows stages of economic growth (5 marks)
Three rates of growth in the Harrod model (3 marks)
Three fundamental but distinct types of economic planning (3 marks)
Economic and institutional arguments for widespread acceptance
planning as a development tool in the LDCs. (4 marks)
Basic planning model types. (3 marks)
b. Explain briefly the following terms
1. Inverse U-shaped hypothesis (5 marks)
2. Lorenz curves (4 marks)
3. Gini coefficient and income distribution (4 marks)
4. Stationery state (2 marks)
5. Surplus value theory (3 marks)
6. Planning in mixed developed economies (5 marks)
7. Market failure argument for role of planning in LDCs (5 marks)
8. Aggregate growth model (5 marks)
c. Explain briefly and critique the Classical theory (12 marks)