Semester- II
UG Course - Economics
Course Name: Development Economics and Indian Economy
Course Code: BSCECOMJ201
Group A: Development Economics
Unit -1. Concept of Economic Development Meaning of Development, different concepts of development –Sustainable development, Participatory development, Inclusive development, Human development, Growth and Development – Broad Indicators of Economic Development – Per capita Income – PQLI– Basic needs approach – Human Development Index – Gender Development Index –Gender Empowerment Measure - Human Poverty Index- Global Hunger Index.
Class Notes
Introduction - Class notes Link
Sustainable development-Class notes Link
Participatory development- Class notes Link
Inclusive development- Class notes Link
Human development- Class notes Link
Growth and Development- Class notes Link
Indicators of Economic Development - GDP, PCY and PQLI- Class notes Link
Basic needs approach- Class notes Link
Human Development Index- Class notes Link
Gender Development Index and Gender Empowerment Measure - Class notes Link
Human Poverty Index and Global Hunger Index- - Class notes Link
Lectures Notes
Human Development - Link
Growth and Development - Link
Indicators of Economic Development - GDP-PCI-PQLI -Link
Human Development Index - Link
Human Development Indicators India - Link
GDI AND GEM - Link
HPI and GHI- Link
Basic Need Approach - Link
Unit-2. Underdevelopment and Theories • Characteristics of underdevelopment – Obstacles to underdevelopment • Trap Models – Critical minimum effort thesis – Low level equilibrium trap – Process of cumulative causation
Class Notes
Characteristic and obstacles of LDCs - Link
Critical minimum effort thesis - Class Notes Link, Video
Low level equilibrium trap - Class Notes Link, Video
Process of cumulative causation - Class Notes Link
Concept of surplus labour – Surplus labour as potential saving – Economic development with unlimited supplies of labour (Lewis Model).
Complete Class Notes Link
Group B: Indian Economy
Unit -1. Structural Changes in Indian Economy Trends in national income, per capita income - Changes in occupational pattern- Sectoral distribution of national income during the post-independence period.
For trends question in N.I and PCY prepare in four part post independence - 1950 to 1980, 1980/81 to 1990/91, 1991-2011 (Important) , 2011/12 to 2019/2020 (Important)
Similarly do for changes in occupation structure and sectoral distribution of Income. The Focus should be on after 1990/91.
Developed an understanding of sectoral classification in terms of primary , secondary and tertiary, organised and unorganised; and public and private sector.
Changes in Occupation structure- Reading
Unit-2. Agricultural Sector • Land reforms • Farm size and Productivity • Green revolution-causes and impacts. • Agricultural marketing, concepts of food security and public distribution system in India.
Land reform - Notes, short notes, Additional
Farm size and Productivity - Readings
Green revolution - Short Notes
Agriculture marketing-Reading
G.R, AM and PDS - Notes, short notes
PDS and Food securities - Reading
Unit -3. Industrial Sector Industrial policy resolution (1948, 1956) - licensing policy; New industrial policy, 1991; the EXIT policy; present problems of SSIs and large-scale industries in India and its remedies.
Unit -4. Poverty and Unemployment Poverty-Concept and measurement issues Nature and types of unemployment in India - Problem of measurement of unemployment Unorganized labour market-Issues related to female and child labour.
Reading -Link , Additional