[2] MEC-004

2. What is meant by ‘total factor productivity’ ?

No. of Printed Pages : 8 MEC-004
Discuss various approaches to the
M. A. (ECONOMICS) (MEC)
measurement of total factor productivity.

Term-End Examination
3. Bring out the linkages between international
December, 2021
MEC-004 : ECONOMICS OF GROWTH AND development. Does international trade help
DEVELOPMENT
developing countries ? Substantiate your

Time : 3 Hours Maximum Marks : 100 answer.

Note : Answer the questions from both Sections as 4. Bring out the salient features of Marx’s theory

directed. of economic development.

Section—A Section—B

Note : Answer any two questions from this Section

Note : Answer any five questions from this Section
in about 700 words each. 2×20=40
in about 400 words each. 5×12=60
1. Bring out the salient features of the Solow
model. How does the model change if there is a 5. Critically examine the ‘Big Push’ theory of
change in (i) depreciation rate, and (ii) saving
economic development.
rate ?

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 [3] MEC-004 [4] MEC-004

6. Explain the Herris-Todaro model and examine 12. Write short notes on any two of the following :

its relevance. (a) Endogenous growth

7. Discuss the criteria for investment in a (b) Technical change

developing economy. (c) Demographic transition in developing

8. Briefly explain the distinction between countries

measures of absolute poverty and relative

poverty. Also explain the limitations of income

measures of poverty.

9. Explain the method of calculation of Human

Development Index (HDI). How does India rank

in the above index ?

10. Critically examine the Lewis model

of development in the context of a dual

economy.

11. Critically examine the development model of

Joan Robinson.

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 [5] MEC-004 [6] MEC-004

MEC-004

2021 ª

-004 ª

× =

× =

(i) (ii)

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[7] MEC-004 [8] MEC-004

(HDI)

MEC–004

P. T. O.