Description
BECC-114: Development Economics-II
Programme Code: BAECH
Course Code: BECC-114
Assignment Code: BECC-114/AST/TMA/2023-24
Maximum Marks: 100
Answer all the questions
A. Long Answer Questions (word limit-500 words) 2 × 20 = 40 marks
1) Discuss the theory of demographic transition.
2) Explain the basic propositions of dependency theory. Discuss the three approaches to
dependency theory in the context of Latin America.
B. Medium Answer Questions (word limit-250 words) 3 × 10 = 30 marks
3) Differentiate between share tenancy and fixed-rental system. Explain the Marshallian
argument about the inefficiency of share tenancy.
4) Explain the key results of the efficiency wage model. Derive efficiency wage
equilibrium using the neo-classical framework
5) Distinguish among private goods, Community Property Recourse (CPR), and public goods.
Explain why a CPR is an “incomplete property right.”
C. Short Answer Questions (word limit 100 words) 2 × 3 × 5 = 30 marks
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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