Description
Description
Take the next step in your career! Whether you’re an up-and-coming professional, an experienced executive, aspiring manager, budding Professional. This course is an opportunity to sharpen your Economic of growth and development capabilities, increase your efficiency for professional growth and make a positive and lasting impact in the business or organization.
With this course as your guide, you learn how to:
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All the basic functions and skills required economics of growth and development.
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Transform Economics of Growth and Development: Meaning, Measurement, Difference and Comparisons Sources of Economic Growth.
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Get access to recommended templates and formats for the detail’s information related to economics of growth and development.
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Learn useful case studies, understanding Approaches to Development: Vicious Circle of Poverty and Unlimited Supply of Labor. Economics of Growth and Development: Meaning, Measurement, Difference and Comparisons with useful forms and frameworks. Economic Growth Models-I: Harrod-Domar Growth Model. Economic Growth Models-II: Growth and Distribution. Economic Growth Model – III : Models of Optimal Economic Growth. Big Push Theory of Growth. Balanced Growth and Unbalanced Growth. Critical Minimum Efforts Thesis
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Invest in yourself today and reap the benefits for years to come.
The Frameworks of the Course
Engaging video lectures, case studies, assessment, downloadable resources and interactive exercises. This course is created to Learn about economic of growth and development. You will also be able to learn about Economics of Growth and Development: Meaning, Measurement, Difference and Comparisons Sources of Economic Growth. Human Development Index and PQLI, Economic Growth Models-I: Harrod-Domar Growth Model, Neo-Classical Growth Models. Economic Growth Models-II: Growth and Distribution. Total Factor Productivity and Growth Accounting, Technological Change and Progress. Economic Growth Model – III : Models of Optimal Economic Growth, Multi-Sector Models of Growth.
Endogenous Growth Models and Stochastic Growth Models-Business Cycle Theory. Social and Institutional Aspects of Development: Difference between Development and Underdevelopment. Measurement and Indicators of Development. Population and Development, Economic Development and Institutions. Approaches to Development : Vicious Circle of Poverty and Unlimited Supply of Labor. Lewis Model. Ranis and Fei Model. of Big Push Theory of Growth. Balanced Growth and Unbalanced Growth. Critical Minimum Efforts Thesis
The course includes multiple Case studies, resources like formats-templates-worksheets-reading materials, quizzes, self-assessment, film study and assignments to nurture and upgrade your Economic of growth and development in details.
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In the first part of the course, you’ll learn the details of the economic of growth and development. You will also be able to learn about Economics of Growth and Development: Meaning, Measurement, Difference and Comparisons Sources of Economic Growth. Human Development Index and PQLI, Economic Growth Models-I: Harrod-Domar Growth Model, Neo-Classical Growth Models. Economic Growth Models-II: Growth and Distribution. Total Factor Productivity and Growth Accounting, Technological Change and Progress. Economic Growth Model – III : Models of Optimal Economic Growth, Multi-Sector Models of Growth.
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In the middle part of the course, you’ll learn how to develop a knowledge of Endogenous Growth Models and Stochastic Growth Models-Business Cycle Theory. Social and Institutional Aspects of Development: Difference between Development and Underdevelopment. Measurement and Indicators of Development. Population and Development.
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In the final part of the course, you’ll develop the knowledge related to Economic Development and Institutions. Approaches to Development : Vicious Circle of Poverty and Unlimited Supply of Labor. Lewis Model. Ranis and Fei Model. of Big Push Theory of Growth. Balanced Growth and Unbalanced Growth. Critical Minimum Efforts Thesis You will get full support and all your quarries would be answered guaranteed within 48 hours.
Course Content:
Part 1
Introduction and Study Plan
· Introduction and know your Instructor
· Study Plan and Structure of the Course
1. Economics of Growth and Development: Meaning, Measurement, Difference and Comparisons
1.1. Introduction
1.2. Meaning and Definitions of Economic Development
1.3. Distinction Between Developed and Underdeveloped Economies
1.4. Economic Development and Economic Growth and its differences
1.5.Non-Economic Factors
2. Sources of Economic Growth
2.1. Introduction, Growth Accounting
3. Human Development Index and PQLI
3.1. Introduction
4. Economic Growth Models-I: Harrod-Domar Growth Model
4.1. Introduction
4.2. Harrod-Domar Growth Model
5. Neo-Classical Growth Models
5.1. Introduction
5.2. Generalizations of the Basic Neoclassical Growth Model
5.3. The Solow Model, Assumptions of the Solow Model
6. Economic Growth Models-II: Growth and Distribution
6.1. Introduction.
6.2. Kaldor’s Model of Economic Growth
6.3. Pasinetti’s Theory of Growth and Distribution
7. Total Factor Productivity and Growth Accounting
7.1. Introduction.
7.2. Determinants of Total Factor Productivity
7.3. Total Factor Productivity Measurement: Different Approaches
8. Technological Change and Progress
8.1. Introduction
8.2. The Neo-classical Model with Technical Change
9. Economic Growth Model – III : Models of Optimal Economic Growth
9.1. Introduction
Part 2
10. Multi-Sector Models of Growth
10.1. Introduction.
10.2. Two-Sector Growth Models
11. Endogenous Growth Models
11.1. Introduction.
11.2. The Neo-classical Growth Model with Human Capital
11.3. Some Issues in Endogenous Growth Theory
12. Stochastic Growth Models-Business Cycle Theory
12.1. Introduction
12.2. Brock Mirman Model
12.3. The Real Business Cycle Model
13. Social and Institutional Aspects of Development: Difference between Development and Underdevelopment
13.1. Introduction
13.2. Rural-urban gap
13.3. Bridging the Urban-Rural Gap
13.4. Measurement of Inequalities of Income
13.5. Gary S. Fields’ prediction:
13.6. Poverty, Inequality and Welfare
14. Measurement and Indicators of Development
14.1. Introduction
14.2. Development GAP
14.3. Growth and Development
14.4. Concept of Economic Development
14.5. Indicators of Economic Welfare, Changes in Size of GDP and Economic Welfare
15. Population and Development
15.1. Introduction
15.2. Human Resources and Economic Development
15.3. Malthus and Other’s Views
15.4. Nature of Population Problem In Developing Countries
15.5. Population, Poverty and Environment
15.6. Need for a Population Policy in a Developing Economy
16. Economic Development and Institutions
16.1. Introduction
16.2. Market Failure
16.3. Government Failure
16.4. Institutions and Governance
16.5. Role of Social Norms and the Community in Economic Development
17. Approaches to Development : Vicious Circle of Poverty and Unlimited Supply of Labor
17.1. Introduction
17.2. Circular Causation
17.3. Comparison of Myrdal and Kaldor on CCC
17.4. The Closed Economy
17.5. The Open Economy
18. Lewis Model
18.1. Introduction
18.2. Surplus Labor and the Growth of the Economy
19. Ranis and Fei Model
19.1. Introduction
19.2. The Fei–Ranis Model of Economic Growth
20. Big Push Theory of Growth
20.1. Introduction
20.2. Rodhan’s Theory of Big Push
20.3. Indivisibilities and External Economies
21. Balanced Growth and Unbalanced Growth
21.1. Introduction
21.2. Dissimilarities between Balanced Growth and Unbalanced Growth
22. Critical Minimum Efforts Thesis
22.1. Introduction
Part 3
Assignments
Economic Growth and development process
Economic Growth and development sample policies
Economic Growth and development case studies
Economic Growth and development case study with analysis
Economic Growth and development Templates
Economic Growth and development
Economic growth and development are two related but distinct concepts in the field of economics.
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Economic Growth: This refers to the increase in the production of goods and services in an economy over time. It is commonly measured by the growth rate of the Gross Domestic Product (GDP), which is the total value of all goods and services produced within a country’s borders in a specific period. Economic growth is often driven by factors such as increased investment, technological advancements, improvements in productivity, and expansion of the labor force. Sustained economic growth is generally seen as a positive indicator of an economy’s health and potential for prosperity.
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Economic Development: While economic growth focuses on the increase in the quantity of goods and services produced, economic development encompasses a broader set of goals related to improving the standard of living and quality of life for people within a society. It involves not only the growth of the economy but also considerations such as reducing poverty, improving healthcare and education, ensuring social equity, protecting the environment, and promoting political stability. Economic development aims to create an environment where individuals have access to opportunities for personal and collective advancement, leading to long-term improvements in well-being.
Policies and strategies aimed at fostering economic growth may not always lead to equitable economic development. For instance, rapid economic growth driven solely by resource extraction or industries with poor labor standards may exacerbate income inequality and environmental degradation, undermining long-term development goals. Therefore, achieving sustainable and inclusive economic development often requires a holistic approach that considers social, environmental, and political factors alongside economic indicators. Governments, international organizations, and other stakeholders play crucial roles in formulating and implementing policies that balance economic growth with broader development objectives.
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