M.A. DEGREE EXAMINATION, NOVEMBER/DECEMBER 2017.
Third Semester
Economics and Applied Economics
Paper III ECONOMICS OF GROWTH AND DEVELOPMENT

2 10333 A
Time 3 Hours Max. Marks 60
SECTION — A
Answer any FOUR questions. 5 20 Marks)
Each question carries 5 marks.
1. Factors affecting economic growth.
2. Issues relating to Sustainable Development.
3. Classical theories of economic growth.
4. Profit and degeneration of capitalism.
5. Basic features of Neo classical growth models.
6. Joan Robinson's growth model.
7. Relevance of Partial theories of development.
8. Social and Technological Dualism.
SECTION — B
Answer ALL questions. 10 40 Marks)
Each question carries 10 marks.
9. Explain the differences between the concepts of economic growth and
economic development.
Or
Write about the different issues relating to the measurement of Economic
Growth and Development.

10. Karl Marx's analysis relating to development of Capitalist economy and its
crisis.
Or
Critically evaluate the importance of Rostow's stages of Economic growth.
11. Briefly explain the basic features of Harrod and Domar model of Economic
Growth.
Or
Critically evaluate the relevance of J.E. Meade's growth model in the context
of Developing Countries.
12. Discuss about the importance of the theory of Big push.
Or
Explain the relative importance of Balanced Vs Unbalanced growth theories.