Free IGNOU MEC-004 Important Questions 2025 Download PDF (English)
Free IGNOU MEC-004 Important Questions JUNE 2025 Download Pdf (English), IGNOU MEC-004 ECONOMICS OF GROWTH AND DEVELOPMENT Important Questions Completed Important Questions for the current session of the Master of Arts (Economics) Program for the years 2024–2025 have been uploaded by IGNOU. Important Questions for IGNOU MEC-004 students can help them ace their final exams. We advise students to view the Important Questions paper before they must do it on their own.
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Free IGNOU MEC-004 Important Questions 2025 Download Pdf (English) ECONOMICS OF GROWTH AND DEVELOPMENT Important Questions With Answers Download Pdf A thorough examination of India's foreign policy is covered in the Master of Business Administration Master of Arts (Economics) program at IGNOU under the course code MEC-004 Important facets of India's foreign policy, ties with other world powers, and international relations are covered in this course. The most crucial MEC-004 questions are listed below, along with their solutions, to help students study for the test.
Free IGNOU MEC-004 Important Questions 2025
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Section I
·
Discuss the Solow model of economic growth. Compare it with the
Harrod-Domar model.
·
Bring out the salient features of Marxian theory of economic
development.
·
Explain the concept of choice of techniques. Briefly discuss the various
approaches to choice of techniques.
·
Critically examine Schumpeter’s theory of capitalist development through
innovations.
·
Distinguish between economic growth and economic development. Discuss
the important indicators of economic development.
·
Critically examine Kaldor’s model of economic growth.
·
Give a brief description of the Ramsey growth model.
·
What is meant by export-led growth? Critically examine the growth
strategy of India in the context of external trade.
·
Discuss the role of social norms and the community in economic
development.
·
Critically examine the Prebisch-Singer and Myrdal thesis on terms of
trade of developing economies.
Section II
·
Define total factor productivity. What are the methods of measurement of
total factor productivity?
·
Discuss the implications of risk and uncertainty in rural credit
markets.
·
Write short notes on the following:
- (a) Theory of social dualism
- (b) Lewis’ model of development
·
Explain why there could be a long-run deterioration in terms of trade of
developing economies. In this context, what strategy is suitable for developing
countries?
·
Bring out the salient features of Harrod-Domar model. What are its major
limitations?
·
Discuss the importance of micro-level planning in economic development.
·
Explain the concept of technical change. Discuss various types of
technical changes.
·
What is meant by market failure? What are the reasons for market
failure?
·
Critically examine the relevance of the Big Push theory today.
·
Discuss the Kaldor’s model of economic growth. In what respects is it
different from the Harrod-Domar model?
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