MEC-104: Economics of Growth and Development
Theories and policy issues in economic growth and development
Course Overview
This course explores the drivers of long-term economic growth and the challenges of development in emerging economies. It focuses on development theories, poverty, inequality, structural change, and sustainable growth strategies.
Course Objectives
- Understand various growth and development theories
- Analyze poverty and inequality using real data
- Evaluate policies for promoting inclusive growth
- Examine global and institutional aspects of development
- Develop critical perspectives on development strategies
Key Topics
- Theories of Economic Growth: Classical to Endogenous
- Measurement of Development, Poverty, and Inequality
- Demographic Transition and Human Capital
- Agricultural and Industrial Transformation
- Trade, Globalization, and Development
- Role of Institutions and Governance
- Sustainable Development and Environment
- Financing Development: Aid, Debt, and FDI
Recommended References
- Development Economics by Debraj Ray
- Economic Development by Todaro and Smith
- The Economics of Development by Perkins et al.
- Development as Freedom by Amartya Sen
Study Materials
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Important Topics
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