BUSINESS ECO SYLLABUS 3rd (Growth and Development

Semester VI
B. A. (Hons.) Business Economics
Optinal Group E: Paper xviii

ECONOMIC GROWTH AND POLICY

UNIT 1: ECONOMIC DEVELOPMENT- DEFINITIONS AND CONCEPTS
•A Very Short Introduction (AVSI), Characteristics of Development pp 1-29
•Development Economics, Chapter-2
•Economic Development, Michael. P. Todaro, Chapter 1 and 2

UNIT 2: GROWTH MODELS
•DE, Chapter-3 Economic Growth, Section-3.3.1(pp 51-56) and
Section 3.5 (pp 74-84).
•DE, Chapter 10, pp 353-371 (LEWIS MODEL)
•Introduction to Economic Growth pp20-53 (THE BASIC SOLOW MODEL)
Note- Solow Model shall be covered before Convergence (Section 3.5)

UNIT 3: HUMAN CAPITAL- EDUCATION, INTELLECTUAL CAPITAL & POVERTY.
•Meier pp 450-459 (Education investment in Human Capital)
•Michael P Todaro , Economic Development, Chapter 9 (Human Capital : Education
& Health n Economic Development)

UNIT 4: TECHNOLOGICAL PROGRESS
•Introduction to Economic Growth Chapter 4 & Chapter 5 (up till Page 110)
•Development Economics, Chapter 4 , Section 4.4.4 & 4.4.5
•Growth and Development, A.P Thirwall Chapter 14 (up till page 499) also included are pp 525 -536
•Meier, Section VIII, pp 381-405 (International Trade and International Inequality)

UNIT 5: STATE AND THE MARKET
•F Hayami , Chapter-8 (up till page 212) and also included are pp 233-239

References:
•Debraj Ray, Development Economics, DE, Princeton University Press 1998
•Charles Jones, Introduction to Economic Growth, Second Edition
•Partha Dasgupta, Economics: A Very Short Introduction, Oxford University Press,
2007
•Meier, Leading Issues in Economic Development, 5th edition
•Michael.P.Todaro, Economic Development,8th edition.
•F Hayami, Economics (as per the previous syllabus)
61
•A.P Thirwall, Growth and Development ,7th edition