BECC 112
DEVELOPMENT ECONOMICS-I
IGNOU BECC 112 Free Solved Assignment 2024
IGNOU BECC 112 Free Solved Assignment July 2024 & Jan 2025
A. Long Answer Questions
Q 1) Discuss the Classical Theory of Economic growth. Discuss the Marxian criticism of the Classical Theory of growth.
Q 2) Explain the concept of economic inequality. Explain the various methods of measuring economic inequality.
Q 3) Discuss the significance of the four liberal principles of democracy.
Q 4) What do you understand by a natural monopoly? Why are public utilities usually natural monopolies?
Q 5) Explain the Learning-by-Doing model of Kenneth Arrow.
Q 6) Differentiate between:
(a) Exogenous Growth and endogenous growth.
(b) Capital-augmenting technical change and capital-deepening technical change.
(c) Market Failure and Government Failure.
Q 7) Write short notes on the following:
(a) Lorenz Curve.
(b) Growth Accounting.
(c) Convergence.
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IGNOU BECC 111 Free Solved Assignment July 2024 & Jan 2025