Week # 1-2: Meaning and subject matter of Development Economics

  • Development economics as a subject
  • Academic interest in development
  • New empirical development economics
  • New international economic order
  • Sustainable Development Goals
  • Globalisation and interdependence of world economy
  • Meaning of development and challenge of development economics
  • Perpetuation of underdevelopment
  • Development gap and income distribution in world economy
  • Measures of inequality and historical trends
  • International inequality and Global (or world) inequality
  • Measurement and comparability of per capita incomes at purchasing power parity (PPP)
  • Per capita income as measure of development
  • Measuring poverty
  • Meeting Sustainable Development Goal poverty reduction target
  • Tackling poverty from the ‘grass roots’
  • Randomised control trials
  • Human Development Index
  • Multidimensional poverty index
  • Can poor countries ever catch up?

Download Files

chapter-1.ppt (0.21 MB )

chapter-2.ppt (0.58 MB )

economic-development-todaro-and-smith.pdf (22.94 MB )