2020
BA (VI Semester) Examination
ECONOMICS
Paper : BECO–610
( Development Economics )
Full Marks : 80
Pass Marks : 35%
Time : Three Hours
SECTION—I
(a) Define economic development.
(b) What does income gap mean?
(c) Define human capital.
(d) What do you mean by balanced growth?
(e) What is population growth?
(f) Define embodied technical change.
(g) What do you understand by cost benefit analysis?
SECTION—II
(a) Explain the concept of poverty.
(b) Discuss Hirschman’s strategy of unbalanced growth.
(c) Distinguish between balanced and unbalanced growth.
(d) Briefly write down the similarities between Harrod and Domar model.
(e) What are the components of human capital?
(f) Explain the use of shadow pricing in cost-benefit analysis.
(g) Discuss the limitations of cost-benefit analysis.
(h) Differentiate between perspective and indicative planning.
SECTION-III
3. Answer any five of the following questions : 10×5=50
(a) Discuss the basic criteria for measurement of economic development.
(b) Explain the main limitations of Schumpeter’s model of development to developing countries.
(c) Discuss Harrod’s growth model.
(d) Explain the relationship between population and economic development.
(e) Discuss the main problems of human capital formation.
(f) Discuss Mahalanobis two-sector model of growth.
(g) Explain the impact of population growth on development.
(h) Discuss the various components of human capital.
(i) Explain the dual-sector model of Lewis on economic development.
