Question Paper Year 2010 BBE 3rd Year (Economic Policy & Comparative Development)

ECONOMIC POLICY AND COMPARATIVE DEVELOPMENT

Question Paper 2010

1. 1.‘Despite country specification, any development policy must have a set of core objective.’ Discuss. 10

2. 2.Can East Asian growth be explained in terms of Solow Model? 10

3. 3.Discuss the main characteristics of educational investment. 10

4. 4.What factors determine the capacity and willingness to save? 10

5. 5.What do you understand by the term technical progress? How does the Hicksian classification differ from Harrod’s classification of technical progress? 10

6. 6.‘Human capital formation is the key to generation of ideas.’ Discuss in the context of endogenous growth theory. 10

7. 7.Discuss the costs and benefits of FDI to developing countries. 10

8. 8.Write short notes on any tow of the followings:

i) Balanced growth v/s Unbalanced growth

ii) Capital – Output ratio

iii) Causes of market failure

iv) Lewis model