2022
B.A. (VI Semester) Examination
ECONOMICS
Paper: BECO-610
(Development Economics)
Full Marks : 80
Pass Marks : 35%
Time : Three Hours
Notes: (i) Answer all questions.
(ii) The figures in the margin indicate full marks for the questions.
Section-I
1. Answer the following questions: 2×5=10
(a) Define the term 'poverty'.
(b) What is balanced growth?
(c) Mention the factors that determine the actual growth rate in Harrod model.
(d) What is human capital formation?
(e) Define economic planning.
Section-II
2. Answer any four of the following questions: 5×4=20
(a) Distinguish between economic growth and economic development.
(b) Discuss the dissimilarities of Harrod and Domar model.
(c) What are the limitations of cost-benefit analysis?
(d) Discuss the impact of population growth on economic development.
(e) What are the differences between perspective planning and indicative planning?
(f) Distinguish between balanced growth and unbalanced growth.
Section-III
3. Answer any five of the following questions : 10×5=50
(a) Define Human Development Index (HDI). How is Human Development Index (HDI) formulated?
(b) Discuss the path to economic development as suggested by Hirschman in his theory of unbalanced growth.
(c) What are three different growth rates in Harrod model? How can these growth rates be determined?
(d) Discuss the theory of demographic transition.
(e) Explain the fixation of shadow price with the help of a diagram.
(f) How can economic development be achieved with unlimited supply of labour from rural to urban sector as advocated by Lewis? Explain.
