This Subject Includes

  • Course No: HS 504
  • Course: MA in Development Studies
  • Semester: None
  • Title: Economic Problems and Policies in Developing Countries
  • Stream: Economics
  • Description:

    Economic inequality: measure of inequality; The inverted U-hypothesis, income and growth, capital market and human capital; Poverty: undernourishment, measures of poverty, impact of poverty on labour market, credit market; Population growth: birth and death rates and age distribution, demographic transition; Rural urban interaction: Lewis model, migration, Harris Todaro model; Land market: ownership, tenancy and other contracts; Labour market; Credit market: informal markets, information asymmetries and credit rationing, alternative policy; Insurance: information and enforcement; Trade and trade policy.



    1. M.P Todaro, Development Economics, Pearson, 9th edition, 2006.

    2. G.M. Meier and J.E. Rauch, Leading Issues in Economic Development, 8th edition, OUP, 2004

    3. A.P.Thirlwal, Growth and Development, 8th edition, Palgrave Macmillan, 2006.

    4. D.Ray,� Development Economics, OUP, 1998.



    1. S. Ghatak, Introduction to development Economics, Routledge, 4th edition, 2007.

    2. Y. Hayami, Development Economics, OUP, 2005

  • Text:

    M.P Todaro, Development Economics, Pearson, 9th edition, 2006.^$^G.M. Meier and J.E. Rauch, Leading Issues in Economic Development, 8th edition, OUP, 2004^$^A.P.Thirlwal, Growth and Development, 8th edition, Palgrave Macmillan, 2006.^$^D.Ray, Development Economics, OUP, 1998.

  • Course References:

    S. Ghatak, Introduction to Development Economics, Routledge, 4th edition, 2007.^$^Y. Hayami, Development Economics, OUP, 2005