Economic Growth and Development | EGD | Lesson 1: Introduction to Economic Growth and Development

This lesson discusses the Economic Growth and Development. It is an introduction to EGD. It is relevant for other courses like BBA, Economics (hons), for the graduation and post graduation level and for competitive exams like CUET Economics, IAS economics optional, Indian Economic Service and the NET JRF Economics aspirants.
The syllabus includes the following:
1. Difference between Economic Growth and Economic Development
2. Characteristics of an Under-Developed Economy
3. Nurkse's Vicious Circle of Poverty
4. Theories of Economic Development
4.1 Classical Theory: Stationary State
4.2 Marxian Theory / Decline of Capitalism and Rise of Working Class
4.3 Schumpeter's Theory : Innovations and Entrepreneurship
5. Theories of Economic Growth
5.1 Harrod-Domar Model
5.2 Solow model : Long Run Growth Model
5.3 Lewis Theory of Unlimited Supply of Labour
5.4 Fre-Ranis Theory of Development
5.5 Meade's Growth Model
5.6 Leibenstein's Critical Minimum Effort Thesis
5.7 Nelson's Low Level Equilibrium Trap
5.8 The Big Push Theory
5.9 Doctrine of Balanced Growth
5.10 The Concept of Unbalanced Growth
5.11 Kaldor's Model of Growth
5.12 Dualistic Development Theories
5.13 Rostow's Growth Model
5.14. Mrs. John Robinson's Growth Model
5.15 Investment Criteria in Economic Development Model
5.16 Two Gap Model
6. Simon Kuznet's Characteristics of Modern Economy
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[@kanandaverma9033]

Very informative lecture as always😄

[@dr.triptisangwan]

Thanks

[@anoopgoyat3524]

Nice lecture 👍👍

[@dr.triptisangwan]

Thank you 😊

[@anarghamudgalayannayak7235]

Thanks again ma'am for covering another important topic of economics optional.Every year upsc asks two to three questions based on this model especially Harrod - domar, solow, lewis theory, kalodar's model and kuznets curve ..

[@dr.triptisangwan]

All the best 👍🏻

[@enjoythelifewithsangwan9473]

Good lecture

[@dr.triptisangwan]

Thank you 😊

[@RR-og4ut]

Mam please continue and complete this subject. Please Mam

[@123channeltamizhan8]

Tq

[@dr.triptisangwan]

Welcome

[@akanshachoudhary1377]

Mam can you please make video on money and banking. It would be highly beneficial. I understand with your busy schedule it is difficult to be consistent with the video and these take a lot of efforts. But I could you get some time please consider it once

[@aditikumari6777]

Ma'am, Pls add,
The ricardian theory
And Mill's theory