Economic Development: concept, indicators to development, growth and development; Developing countries diverse structure and common characteristics; Obstacles to economic development; Factors of economic growth economic and non-economic; Economic growth in historical perspective: basic concepts, Kuznets characteristics of modern economic growth; Historical growth experience, its lessons for developing countries; Capital formation and economic development; Poverty and income inequalities in developing countries; Role of agriculture and industry in economic development; Entrepreneurship in economic development; Technology and economic development; Commercial policy; Balance of payments and trade strategy.
Text:
S. K. Misra and V. K. Puri, Economics of Development and Planning, Himalaya Publishing House, 1998.^$^M. L. Jhingan, The Economics of Development and Planning, Vrinda publications Pvt. Ltd., 1995.
Course References:
M. Todaro, Economic Development, Longman, 2001.^$^G. M. Meier, Leading Issues in Economic Development, Oxford University Press, 1995.
