EarthaPoint Course Overview and Development Economics

Dec 17, 2024

Lecture Notes: EarthaPoint Courses and Development Economics

Introduction to EarthaPoint Portal

DU Semester Courses

  • Free Courses:
    • Introductory Mathematical Methods for Economics
    • Introductory Microeconomics
    • Introductory Statistics for Economics
    • Intermediate Microeconomics (Semester 3)
    • Intermediate Macroeconomics
  • Paid Course:
    • Macroeconomics (INR 5000, includes assignments, lecture notes, and past year papers)

Fifth Semester Courses

  • Paid Course:
    • Game Theory (Problem sets included)
  • Free Courses:
    • Economic Growth and Business Cycle
    • Introductory Development Economics (Units 1, 2, and 4 covered; part of Unit 3 covered)

Other Offerings

  • IIT Jam Courses:
    • Mock test series available
  • CUT Courses:
    • Question banks available
  • Full-fledged Courses:
    • For IIT Jam, MA Economics Entrance, Indian Economic Service
    • Contact Rohit sir for more details

Development Economics: Important Questions

Unit 2 & Unit 3

  • Types of Questions:
    • Growth models (e.g., Linear, Rostow, Harrod-Domar, Lewis)
    • Development revolutions and models (e.g., International dependence revolution, False paradigm model)
    • Classical theories and comparative analysis
    • Neoclassical counter-revolution

Sample Questions

  • Discuss various growth models: Linear, Rostow, Harrod-Domar, Lewis
  • Explain the International Dependence Revolution and False Paradigm Model
  • Compare classical theories in development
  • Neoclassical Counter-revolution vs International Dependence Revolution

Specific Models and Theories

  • Solo Model:
    • Importance for EcoMajor/Minor students
  • Nergse Model:
    • Low living standards and insufficient savings impeding growth
    • Role of income, savings, and capital formation

Key Concepts to Study

  • Linkages in Economic Development:
    • Backward and forward linkages
    • Consumption and fiscal linkages
  • Staple Thesis:
    • Linkage constellations and societal development

Pathways to Economic Development (Amityava Krishnendhat)

  • Strategies for Economic Development
  • Debate Topics:
    • State vs Market
    • Micro vs Macro
    • Primary vs Secondary Sector
    • Autarky vs Openness

Study Recommendations

  • Refer to lecture notes and video lectures for detailed explanations
  • Each debate and concept is covered in separate video lectures

Note: Ensure thorough understanding of key economic models and theories, as well as their implications on development processes. Review provided video lectures for in-depth understanding.