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Admissions

It is a University which is committed to excellence and overall development of the student and one where talent is nurtured and honed in the best possible manner. Come, be a part of our never-ending journey of accomplishments and accolades.

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Placements

Excellent education not only imparts knowledge, but also paves the way for a promising and successful career. The Placement Cell at The IIS University has numerous success stories to narrate in this regard...

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Life@IIS Univ

Life @ IISU is nothing less than a kaleidoscope of myriad hues; complete with vibrant events and memorable occasions to cherish for a lifetime.

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Academics

Taking the age-old tradition of enlightenment through education forward, The IIS University - in its continuous pursuit of excellence - firmly believes that an institution’s academic profile determines its worth and value. Therefore, on offer are a wide variety of both conventional and contemporary programmes of study.

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Research

To stimulate curiosity and cater to the global needs of a dynamic education, The IIS University - since inception - has been promoting and encouraging research-based experiential learning among all its students.

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About Us

The IIS University, with its perfect amalgamation of innovation, inspiration and synergy, aims to be a model institution for students across disciplines and programmes.

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IIS Univ
  • Admissions

    It is a University which is committed to excellence and overall development of the student...

  • Placements

    Excellent education not only imparts knowledge, but also paves the way for...

  • Life@IIS Univ

    Life @ IISU is nothing less than a kaleidoscope of myriad hues; complete with...

  • Academics

    Taking the age-old tradition of enlightenment through education forward,...

  • Research

    To stimulate curiosity and cater to the global needs of a dynamic education,...

  • About Us

    The IIS University, with its perfect amalgamation of innovation, inspiration...

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India

Phone:- +91-141-2400160-61, 2397906-07,

Fax: 2395494,2781158, Toll Free No.: 1800 180 7750

ECONOMICS OF GROWTH AND DEVELOPMENT-II | Economics

ECONOMICS OF GROWTH AND DEVELOPMENT-II

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Paper Code: 
ECO 422
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

1. To analyze the partial theories of growth and development

2. To understand the sectoral aspects of economic development.

3. To help the students examine the role of planning in economic development

4. To acquire knowledge about optimum resource allocation and related criteria.

12.00
Unit I: 
Partial Theories of Growth and Development

Theory of big push; Critical minimum effort thesis; Low level equilibrium trap; Balanced growth; Unbalanced growth(Hirschman’s strategy) 

12.00
Unit II: 
Partial Theories of Growth and Development II

Nurkse’s theory of disguised unemployment; Theory of circular causation; Unlimited supply of labour; Ranis Fei model; Dualism :  Social and Technical

12.00
Unit III: 
Sectoral Aspects of Development

Role of agriculture in economic development; Role of industrialization  in economic development; Complimentarily of agriculture and industry; Efficiency of small scale vs large scale production; Infrastructure and its importance

12.00
Unit IV: 
Planning and Development

State : Role of State in economic development; Economic planning : meaning and rationale ; Planning by direction and planning through the  market; Democratic, decentralized and indicative planning

12.00
Unit V: 
Allocation of Resource

Investment criteria; Project evaluation; Cost benefit analysis; Shadow prices

Essential Readings: 
  1. Jhingan M.L. (2016). The Economics of Development of Planning (41sted.). Vrinda Publications (P) Ltd.

 

  1. Mishra, S.K. and Puri V.K.  (2018). Economics of Development and Planning: Theory and Practice (18th ed.). Himalaya Publishing House.

 

 

  1. Todaro, M. P and Smith, S. C. (2015).  Economic Development (12thed.).  Pearson Education.
References: 
  1. Thirlwall, A. P. and Lopez, P.P. (2017). Growth and Development (10thed.). Bloomsbury Academic.

 

  1. Kindelberger, C. P. (1977). Economic Development.  McGraw Hill.

 

  1. Meier; G. M. and Rauch, J. E. (2005). Leading Issues in Economic Development (8th ed.) Oxford University Press.
Academic Session: 
2022-23
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