Professional Documents
Culture Documents
ECO 303 Solve The Below Questions From Chapter
ECO 303 Solve The Below Questions From Chapter
What are the basic stages of industrialization? Explain briefly. What do you mean
by Industry IV? Write briefly on industry I~IV.
How to define poverty? What is the most proper measure of poverty? Why
inequality is bad? Write the Welfare Function; and briefly explain the Kuznet’s
Inverted-U Curve.
Why we use Lorenz Curve (LC)? Indicate important points in LC. Write the Gini
characteristics; and from LC, how to get Gini value?
What are the key constituent parts of Sustainable Development (SD)? Who are
the prime actors of SD? Write the dimensions of SD. Justify our tasks for SD.
What were the Millennium Development Goals (MDGs)? What were the Goals of
MDGs? Why Agenda 21? Write the Sustainable Development Goals (SDGs)
Explain the two well-known development patterns (Western Vs. East Asian).
Write the irony aspects of democracy; and visualize the movement of selected
nations toward development and democracy.
What can we do with a PPF? Draw the PPF curves of Consumer goods & Capital
goods for sustainable development, and indicate the opportunity costs in PPF
curve.
Explain the Rostow’s five stages of development. What do you mean by the
Structural Changes in Development? Explain. What are the basic reasons behind
the rapid economic growth of Japan?