1.

Introduction- Meaning of Development and Growth, Difference between the two,

Measurements of Development- Per Capita, GDP, HDI, Gross National Happiness
2. Factors Affecting Economic Growth, Characteristics of Economic Growth
3. Role of Capital and Technology in Development
4. Adam Smith’s Theory of Development
5. Schumpeter’s Theory of Development
6. Big Push Theory
7. Rostow’s Stages of Growth
8. Myrdal’s Theory of Circular Causation
9. Balanced Growth Theory
10. Unbalanced Growth Theory
11. Unlimited Supply of Labour
12. Nelson’s Theory of Low Level Equilibrium Trap
13. Dualistic Theory
14. Karl Marx Theory
15. Millennium Development Goals
Meaning, importance, role, 8 goals in details with targets, indicators and achievements and
failures from India perspective.
16. Sustainable Development Goals
Meaning, importance, role, 17 goals in details with targets, indicators and achievements and
failures from India perspective.
17. All the articles and research papers that were circulated in class are also a part of the
syllabus.