Ignou Solved Assignment- MA |MEC-004 Economics of Growth and Development in English Medium

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Ignou Solved Assignment- MA |MEC-004 Economics of Growth and Development in English Medium

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Ignou Solved Assignment- MA |MEC-004 Economics of Growth and Development in English Medium

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Ignou Solved Assignment- MA |MEC-004 Economics of Growth and Development in English Medium

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Master of Arts (Economics) Ignou Tutor Marked Assignment (TMA) 2018-19

Assignments carry 30 per cent weightage in a course and it is mandatory that you have to secure at least 40 per cent marks in assignments to complete a course successfully. Note that you have to submit the assignments before appearing in Term End Examination of a course.

Submission
Last Date For July 2018 session, you need to submit the assignments by March 31, 2019, and for January 2019 session by September 30, 2019 for being eligible to appear in the term-end examination. Assignments should be submitted to the Coordinator of your Study Centre. Obtain a receipt from the Study Centre towards submission.

MEC-004: ECONOMICS OF GROWTH AND DEVELOPMENT Tutor Marked Assignment (TMA) Questions.

SECTION-A
1. Examine the effect of population growth in the Solow model of economic growth. Discuss how the Solow model could be used to explain poverty traps in developing nations.
2. Describe the Mankiw-Romer-Weil extension to the neoclassical model to include human capital. Explain why diminishing returns to capital do not take place in the AK model.

SECTION-B
3. Distinguish between economic growth and development. Briefly mention the main benefits that economic growth confers upon society.
4. Describe Pasinetti’s theory of economic growth and distribution.
5. Describe the various approaches to the measurement of total factor productivity.
6. What are the main propositions of the Real Business Cycle model? Describe the basic structure of a prototype Real Business Cycle model.
7. Compare and contrast the Uzawa two-sector growth model with the Feldman model.

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