Welcome to Prime Academy Delhi

The Development Economics – I Course for BA (Hons) Economics Semester V, Delhi University has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The Duration of Video Lectures is approximately 45 Hours.

Course Fee : Rs. 7,000

Once You get the access you need to login and download our APP and all the lectures from your login account and play in your device.

You will Get

• Full Course Video Lectures
• Complete Study Material (PDF Notes) which includes Concepts, Previous Year Questions, Numerical Questions, MCQ’s and Important Questions
• Online Discussion Forum to Post Your Queries to Discuss with Faculty & other fellow Students
• Live online Doubts Sessions for resolution of Doubts
• Mock Tests at the Website
• Video Lectures Cover Theory Portions Exchaustively + Complete Solutions of Back Questions of readings + Solutions of Previous Years Papers + Large Number of Numericals

On Payment of Fee we will create your account on our website & you need to login and download all the lectures & our APP through that login account

Payment Details

To purchase any course you need to transfer the amount either through Google Pay or PhonePe at 9811261671 or Paytm at 9899192027 or Transfer through net banking IMPS into the following account

After transfer update us with payment details through Whatsapp at +91 9899192027

Demo Lectures

Demo MCQ Test

Click Here for Reading List of Development Economics – I

Course Content of Our Video Lectures

Lectures are as per the Latest Syllabus for 2023

Unit – I : Conceptions of Development

Unit – II : Growth Model & Empirics

Unit – III : Poverty & Inequality

Unit – III : Political Institutions & Functioning of the State

End of Syllabus

Syllabus for Development Economics – I as Prescribed by University of Delhi

Development-Eco-Reading-List-2021

Course Description

Course Objective

This is the first part of a two-part course on economic development. The course begins with a discussion of alternative conceptions of development and their justification. It then proceeds to aggregate models of growth and cross-national comparisons of the growth experience that can help evaluate these models. The axiomatic basis for inequality measurement is used to develop measures of inequality and connections between growth and inequality are explored. The course ends by linking political institutions to growth and inequality by discussing the role of the state in economic development and the informational and incentive problems that affect state governance.

Course Learning Outcomes

This course introduces students to the basics of development economics, with in depth discussions of the concepts of development, growth, poverty, inequality, as well as the underlying political institutions.

Unit 1

Conceptions of Development Alternative measures of development, documenting the international variations in these measures, comparing development trajectories across nations and within them

Unit 2

Growth Models and Empirics The Harrod-Domar model, the Solow model and its variants, endogenous growth models, and evidence on the determinants of growth

Unit 3

Poverty and Inequality: Definitions, Measures and Mechanisms Inequality axioms; comparison of commonly used inequality measures; connections between inequality and development; poverty measurement; characteristics of the poor; mechanisms that generate poverty traps, and path dependence of growth processes

Unit 4

Political Institutions and the Functioning of the State The determinants of democracy; alternative institutional trajectories and their relationship with economic performance; within-country differences in the functioning of state institutions; state
ownership and regulation; government failures and corruption

References

1. Banerjee, A., Benabou, R., Mookerjee, D. (eds.) (2006). Understanding poverty. Oxford University Press.
2. Bardhan, P. (2010). Awakening giants, feet of clay: Assessing the economic rise of China and India. Oxford University Press.
3. Basu, K. (2007). The Oxford companion to economics in India. Oxford University Press.
4. Dasgupta, P. (2007). Economics: A very short introduction. Oxford University Press.
5. Deaton, A. (2013). The great escape: Health, wealth and the origins of inequality. Princeton University Press.
6. Hirschman, A. (1992). Rival views of market society and other essays. Ch. 3: “Linkages in Economic Development”. Harvard University Press.
7. Human Development Report. Relevant years.
8. Olson, M. (1996). Big bills left on the sidewalk: Why some nations are rich, and others poor. Journal of Economic Perspectives, 10, 3-24.23
9. Ostrom, E. (1990). Governing the commons: The evolution of institutions for collective action. Cambridge University Press.
10. Piketty, T., Saez, E. (2014). Inequality in the long run, Science, 344.
11. Ray, D. (1998). Development economics. Princeton University Press.
12. Rodrik, D. (2009). One economics, many recipes: Globalization, institutions and economic growth. Ch. 1: “Fifty Years of Growth (and lack thereof): An Interpretation”. Princeton University Press.
13. Sen, A. (2000). Development as freedom. Oxford University Press.
14. Shleifer, A., Vishny, R. (1993). Corruption. Quarterly Journal of Economics, 108, 599-617.
15. Todaro, M., Smith, S. (2015). Economic Development. Pearson