Exam Details

Subject Economics of Growth and Development
Paper
Exam / Course Master of Arts in Economics
Department School of Social Sciences (SOSS)
Organization indira gandhi national open university
Position
Exam Date December, 2015
City, State new delhi,


Question Paper

Answer any two questions from this section.

1. Discuss the Solow model of economic growth. Compare it with the Harrod-Domar model of growth.

2. What is meant by Total Factor Productivity Discuss the various approaches to the measurement of total factor productivity.

3. Explain Kaldor's model of economic growth. Discuss the modifications that Pasinetti brought to this model.

4. Discuss Marx's theory of economic development. Do you think it marks an improvement over Ricardo's theory of economic development Give reasons for your answer.

(Medium-length Answer Questions)

Answer any five questions from this section.

5. Critically examine the Prebisch-Singer and Myrdal thesis of deteriorating terms of trade.

6. What are the basic properties that a suitable measure of income inequality should possess Explain Lorenz curve and the Gini coefficient.

7. Describe the Lewis model of economic development. How does it differ from Boeke's theory of dualism?

8. Distinguish between embodied and disembodied technical change. Discuss Hicks's classification of technical change.

9. Discuss the Critical Minimum Effort Theory. Also bring out its limitations.

10. Analyse Schumpeter's theory of capitalist development through innovations.

11. Discuss how money can be introduced in the Solow model.

12. Explain the concept of cost-benefit analysis. What are the reasons for divergence of private costs and social costs?


Departments

  • Centre for Corporate Education, Training & Consultancy (CCETC)
  • Centre for Corporate Education, Training & Consultancy (CCETC)
  • National Centre for Disability Studies (NCDS)
  • School of Agriculture (SOA)
  • School of Computer and Information Sciences (SOCIS)
  • School of Continuing Education (SOCE)
  • School of Education (SOE)
  • School of Engineering & Technology (SOET)
  • School of Extension and Development Studies (SOEDS)
  • School of Foreign Languages (SOFL)
  • School of Gender Development Studies(SOGDS)
  • School of Health Science (SOHS)
  • School of Humanities (SOH)
  • School of Interdisciplinary and Trans-Disciplinary Studies (SOITDS)
  • School of Journalism and New Media Studies (SOJNMS)
  • School of Law (SOL)
  • School of Management Studies (SOMS)
  • School of Performing Arts and Visual Arts (SOPVA)
  • School of Performing Arts and Visual Arts(SOPVA)
  • School of Sciences (SOS)
  • School of Social Sciences (SOSS)
  • School of Social Work (SOSW)
  • School of Tourism & Hospitality Service Sectoral SOMS (SOTHSM)
  • School of Tourism &Hospitality Service Sectoral SOMS (SOTHSSM)
  • School of Translation Studies and Training (SOTST)
  • School of Vocational Education and Training (SOVET)
  • Staff Training & Research in Distance Education (STRIDE)

Subjects

  • Actuarial Economics: Theory and Practice
  • Econometrics Methods
  • Economics of Growth and Development
  • Economics of Social Sector and Environment
  • Financial Institutions and Markets
  • Indian Economic Policy
  • International Trade and Finance
  • Macroeconomic Analysis
  • Microeconomic Analysis
  • Public Economics
  • Quantitative Methods
  • Research Methods In Economics