Description
BECC-117: DEVELOPMENT ECONOMICS-I
Programme Code: BAFEC
Course Code:BECE-117
Assignment Code: BECE-141/AST/TMA/2026
MaximumMarks:100 Answer all the questions
A. Long Answer Questions (word limit-500words)
1) Discuss the theory of demographic transition.
2) Explain the concept of economic inequality. Explain the various methods of measuring economic inequality.
B. Medium Answer Questions (word-limit-250 words)
3) Discuss the significance of the four liberal principles of democracy.
4) What do you understand by a natural monopoly? Why are public utilities usually natural monopolies?
5) Differentiate between share tenancy and fixed-rental system. Explain the Marshallian argument about the inefficiency of share tenancy.
Short Answer Questions (wordlimit100words)
6) Differentiate between:
(a)Linear theories of underdevelopment and structural theories of underdevelopment.
(b)Positive externalities and negative externalities.
( c)The internationalistic approach to globalization and globalistic approach to globalisation.
7) Write short notes on the following.
(a) The Harris-Todaro model.
(b) Social Capital.
(c) Sustainable Development.



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