This Subject Includes

  • Course No: HS 705
  • Course: Ph.D Programme
  • Semester: I
  • Title: Growth and Development
  • Stream: Economics
  • Description:

    The Challenge of Development: Concept and scope of economic development, Economic Growth in Historical perspective, Recent questioning of GNP growth orientation and issues related to income distribution and poverty, Some empirical studies and lessons drawn. Human Resources, Finance and Trade: Population debate and economic development, Unemployment : Issues, dimensions and analysis, Education and Economic development, The domestic and external financing of economic development, Foreign investment, Balance of payments and external debt, trade strategy. Industrialisation and Agriculture: Promoting industrialisation, technology choice and implication on employment, Agricultural transformations and rural development. Development Planning: Limitations of price mechanism and case for economic planning, the public sector as an instrument for policy intervention in developing economies, Choice of projects from a social point of view and social cost-benefit analysis

  • Text:

    Meier, Gerald M., Leading issues in Economic Development, OUP, 6th ed.^$^Thirlwall, A.P., Growth and Development, Lynne Rienner Publishers, London,5th ed.^$^Todaro, M.P., Economic Development in the Third World, Longman, N.Y.^$^Ray, Debraj, Development Economics, OUP, 1998.^$^Chenery, H and Srinivasan, T.N., Handbook of Development Economics, Vol, I &II.