Syllabus for the Exam
 
Unit-I
Economic Growth and Development- Concept and Measurement. Main Features of an Underdeveloped Economy. 
Determinants of Economic Development. Capital Formation:It’s Source, Nurkse’s Thesis of Disguised Unemployment. Lewis Theory of Unlimited Supply of Labour.
Unit-II 
Classical Model of Growth; HarrodDomar Model of EconomicGrowth; One Sector Neo-classical Model of Growth. Solow Model of Growth. Dualism : Social and Technological.
Unit-III
Theory of Big Push. Leibenstein’s Critical MinimumEffect Thesis. Strategies of Economic Development:Balanced Vs. Unbalanced Growth. Rostow’s Theory of Stages of Growth.
Unit-IV 
Theory of Planning in Developing Countries:Need, Objectives, Strategies and Problems of Planning. Price Mechanism and Planning. Investment Criteria. Choice of Technique. Emerging Strategies: Export Promotion and Import Substitution Strategy.