M.A. (Semester (CBCS) Examination Mar/Apr-2018
Economics (Paper II)
ECONOMICS OF GROWTH DEVELOPMENT
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Figures to the right indicate full marks.
Q.1
Choose the correct alternatives.
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Economic development is related with countries.
Under developed
Developed
Progressed
None of the above
Economic development denotes a change in the economy.
Quantitative
Qualitative
Structural
None of the above
is an important factor in the process of economic development.
Land
Labour
Capital formation
None of the above
Harrod-Domar assigned a key role to in the process of economic development.
Saving
Investment
Rate of Interest
None of the above
Solow's growth model is growth model.
Short run
Long run
Classical
None of the above
Kaldor assumes that technical progress depends upon the rate of
Savings
Investment
Capital accumulation
None of the above
Uzawa growth model is known as growth model.
Two sector
Three sector
Multi sector
None of the above
The concept of 'Learning by doing' is presented by
Solow
Kaldor
Arrow
Passinetti
is the prime occupation of underdeveloped countries.
Agriculture
Industry
Trade
None of the above
10) Pasinetti growth model relates rate of with the economic growth.
Savings
Investment
Profit
None of the above
11) 'The Accumulation of Capital's is written by
Adam Smith
David Ricardo
Karl Marx
Mrs. Joan Robinson
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SLR-HW-29
12) Mrs. Joan Robinson assumes economy in her growth model.
Free
Closed
Parallel
None of the above
13) Prof. J. E. Mead assumes in his growth model.
Perfect competition
Monopoly
Duopoly
None of the above
14) The concept of 'Golden Rule of Savings' is used in growth model.
Solow
Kaldor
Arrow
Ramsay
Q.2
Write a short answer. (Any seven)
14
What are the social indicators of economic development?
Explain any two differences between economic development and economic growth.
Explain any two indicators of Human development.
Write any two criticisms by Cambridge on Neo classical analysis of growth.
What is meant by embodied technical progress?
What is endogenous growth?
What is the role of education and research in economic development?
What is vicious circle of poverty?
What is unbalanced growth?
What is equilibrium trap?
Q.3
Write short notes. (Any Two)
14
Non embodied technical progress.
Intellectual capital
Growth pattern of population.
Population and Environment.
Q.4
Broad Question. (Any one)
14
Explain the various factors affecting on economic growth.
OR
Explain the theory of demographic transition.
Q.5
Explain the characteristics of under development country.
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