Economic development and economic growth; diverse structures and common characteristics of developing economies; Low level equilibrium trap and big push: Rosenstein-Rodan, Nurkse; Unbalanced growth, linkages: Hirschman; Multiple equilibria; Harrod-Domar model and Solow model: differences, implications and the convergence debate; Mahalanobis model of planned development; Economic inequality: measurement issues, Kuznetsâ€™ inverted-U hypothesis and its evidence, implications; Poverty: measurement, undernourishment, poverty alleviation; Population: birth and death rates, age distribution and demographic transition; Lewis model and Harris-Todaro model: rural-urban interaction, migration and development.
K. Basu, Analytical Development Economics, OUP, 2013^$^Y. Hayami and Y. Godo, Development Economics: From the Poverty to the Wealth of the Nation, OUP, 200^$^D. Ray,â€¯Developmentâ€¯Economics, OUP, 1998^$^A. P. Thirlwal,â€¯Growth and Development, 8thâ€¯edition, Palgrave Macmillan, 2006^$^M. P.â€¯Todaro and S. C. Smith,â€¯Development Economics, Pearson, 10thâ€¯edition, 2012 ^$^P. Balakrishnan, Economic Growth in India: History and Prospect, OUP, 2010^$^A. V. Banerjee and E. Duflo, Poor Economics, Random House India, 2011^$^ P. Bardhan and C. Udry, Development Microeconomics, OUP, 1999
Academic Complex Block F Department of Humanities and Social Sciences
Indian Institute of Technology Guwahati
Guwahati, Assam, 781039