MEC-4 Solved Assignment English Medium 2022-23

Free MEC004 Solved Assignment English Medium 21-22 for July 2021 and January 2022 Session

M.E.C-4

ECONOMICS OF GROWTH AND DEVELOPMENT

MEC-004: ECONOMICS OF GROWTH AND DEVELOPMENT

Tutor Marked Assignment (TMA)

Course Code: MEC-004

Assignment Code: MEC-004/AST/2022-23

Total Marks: 100

Note: Answer all the questions.

SECTION A

Answer the following questions in about 700 words each. Each question carries 20 marks.

1. Critically examine the basic formulations of the Harrod-Domar model of economic growth. How does the Harrod model explain the occurrence of trade cycles?

2. Discuss the concept of Golden Age Equilibrium in Joan Robinson’s model. What are its main criticisms?

SECTION B

Answer the following questions in about 400 words each. Each question carries 12 marks.

3. Distinguish between economic growth and development. Briefly mention the main benefits that economic growth confers upon society.

4. Explain the concept and implications of globalisation. Also discuss its advantages and shortcomings.

5. Critically evaluate the theory of critical minimum effort. Also bring out its limitations.

6. Explain the meaning of planning as an instrument of resource allocation. Why is there a need for planning in the development process?

7. Compare and contrast the Uzawa two-sector growth model with the Feldman model. 

Subcribe on Youtube - IGNOU SERVICE

For PDF copy of Solved Assignment

WhatsApp Us - 9113311883(Paid)