Minor Elementary Economic (Economics) Question Paper 2025, Dibrugarh University B.Com 5th Sem Question Papers

(a) The introduction of Development Economics was started systematically

(i) in the hands of mercantilists

(ii) in the hands of physiocrats

(iii) in the hands of Keynes

(iv) None of the above

(b) What do you mean by economic development?

(c) In how many stages did the economist Rostow divide economic growth?

(i) 3

(ii)4

(iii) 5

(iv) 6

(d) Who introduced the 'Big Push' theory?

(i)Keynes

(ii)Rosenstein-Rodan

(iii)Marx

(iv)Rostow

(e)"Economic development is a competition between technological progress and population growth."

Who forwarded the above statement?

(i) Classical economists

(ii) Neo-classical economists

(iii) Physiocratic economists

(iv) None of them

(f) Poverty head count ratio = ______ / Population

(i) Head count

(ii) Poor population

(iii) Total expenditure

(iv) None of the above

(a) Role of industry in economic development
(b) Choice of technique
(c) Endogenous growth theory
(d) Lorenz curve

3. (a) Differentiate between economic development and economic growth. How is HDI formulated to rank the countries as per human development? (4+8=12)

OR

(b) Explain the various indicators of economic development. (12)

4. (a) Explain briefly the various stages of economic development given by Rostow. Is it applicable to the developing economies? (10+2 = 12)

OR

(b) What do you mean by unbalanced growth? Explain the advantages and disadvantages of unbalanced growth. (2+10 = 12)

5. (a) Explain the classical growth model. How far is this theory applicable to developing economies? (10+2 = 12)

OR

(b) Critically explain the growth model of Solow. (12)

6. (a) Discuss the poverty index given by Amartya Kumar Sen.. (12)

OR

(b) What is a poverty trap? Explain the mechanism
that leads to the poverty trap. (2+10 = 12)