Overview

DescriptionTake 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:All the basic functions and skills required economics of growth and development.Transform Economics of Growth and Development: Meaning, Measurement, Difference and Comparisons Sources of Economic Growth.Get access to recommended templates and formats for the detail's information related to economics of growth and development.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 ThesisInvest in yourself today and reap the benefits for years to come.The Frameworks of the CourseEngaging 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 ThesisThe 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.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.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.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 1Introduction and Study Plan· Introduction and know your Instructor· Study Plan and Structure of the Course1. Economics of Growth and Development: Meaning, Measurement, Difference and Comparisons1.1. Introduction1.2. Meaning and Definitions of Economic Development1.3. Distinction Between Developed and Underdeveloped Economies1.4. Economic Development and Economic Growth and its differences1.5.Non-Economic Factors2. Sources of Economic Growth2.1. Introduction, Growth Accounting3. Human Development Index and PQLI3.1. Introduction4. Economic Growth Models-I: Harrod-Domar Growth Model4.1. Introduction4.2. Harrod-Domar Growth Model5. Neo-Classical Growth Models5.1. Introduction5.2. Generalizations of the Basic Neoclassical Growth Model5.3. The Solow Model, Assumptions of the Solow Model6. Economic Growth Models-II: Growth and Distribution6.1. Introduction.6.2. Kaldor's Model of Economic Growth6.3. Pasinetti's Theory of Growth and Distribution7. Total Factor Productivity and Growth Accounting7.1. Introduction.7.2. Determinants of Total Factor Productivity7.3. Total Factor Productivity Measurement: Different Approaches8. Technological Change and Progress8.1. Introduction8.2. The Neo-classical Model with Technical Change9. Economic Growth Model - III: Models of Optimal Economic Growth9.1. IntroductionPart 210. Multi-Sector Models of Growth10.1. Introduction.10.2. Two-Sector Growth Models11. Endogenous Growth Models11.1. Introduction.11.2. The Neo-classical Growth Model with Human Capital11.3. Some Issues in Endogenous Growth Theory12. Stochastic Growth Models-Business Cycle Theory12.1. Introduction12.2. Brock Mirman Model12.3. The Real Business Cycle Model13. Social and Institutional Aspects of Development: Difference between Development and Underdevelopment13.1. Introduction13.2. Rural-urban gap13.3. Bridging the Urban-Rural Gap13.4. Measurement of Inequalities of Income13.5. Gary S. Fields' prediction:13.6. Poverty, Inequality and Welfare14. Measurement and Indicators of Development14.1. Introduction14.2. Development GAP14.3. Growth and Development14.4. Concept of Economic Development14.5. Indicators of Economic Welfare, Changes in Size of GDP and Economic Welfare15. Population and Development15.1. Introduction15.2. Human Resources and Economic Development15.3. Malthus and Other's Views15.4. Nature of Population Problem In Developing Countries15.5. Population, Poverty and Environment15.6. Need for a Population Policy in a Developing Economy16. Economic Development and Institutions16.1. Introduction16.2. Market Failure16.3. Government Failure16.4. Institutions and Governance16.5. Role of Social Norms and the Community in Economic Development17. Approaches to Development: Vicious Circle of Poverty and Unlimited Supply of Labor17.1. Introduction17.2. Circular Causation17.3. Comparison of Myrdal and Kaldor on CCC17.4. The Closed Economy17.5. The Open Economy18. Lewis Model18.1. Introduction18.2. Surplus Labor and the Growth of the Economy19. Ranis and Fei Model19.1. Introduction19.2. The Fei-Ranis Model of Economic Growth20. Big Push Theory of Growth20.1. Introduction20.2. Rodhan's Theory of Big Push20.3. Indivisibilities and External Economies21. Balanced Growth and Unbalanced Growth21.1. Introduction21.2. Dissimilarities between Balanced Growth and Unbalanced Growth22. Critical Minimum Efforts Thesis22.1. IntroductionPart 3AssignmentsEconomic Growth and development processEconomic Growth and development sample policiesEconomic Growth and development case studiesEconomic Growth and development case study with analysisEconomic Growth and development TemplatesEconomic Growth and developmentEconomic growth and development are two related but distinct concepts in the field of economics.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.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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