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IGNOU MEC-04
- Economics of Growth and Development,
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(July 2020 - January 2021)

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IGNOU MEC-04 July 2020 - January 2021 - Solved Assignment

Are you looking to download a PDF soft copy of the Solved Assignment MEC-04 - Economics of Growth and Development? Then GullyBaba is the right place for you. We have the Assignment available in English and Hindi language.

This particular Assignment references the syllabus chosen for the subject of Economics, for the July 2020 - January 2021 session. The code for the assignment is MEC-04 and it is often used by students who are enrolled in the MA Degree.

Once students have paid for the Assignment, they can Instantly Download to their PC, Laptop or Mobile Devices in soft copy as a PDF format. After studying the contents of this Assignment, students will have a better grasp of the subject and will be able to prepare for their upcoming tests.

IGNOU MEC-04 (July 2021 - January 2022) Assignment Questions

Section A

1) Discuss the main sources of economic growth. Discuss the main adverse repercussions on the economy that the process of economic growth can have.

2) What do you understand by technical progress? What is the relationship between technical progress and growth of total factor productivity? Discuss the various conceptions of neutral technical progress as put forward by Hicks, Harrod and Solow.

Section B

3). Describe the Mankiw-Romer-Weil extension to the neoclassical model to include human capital. Explain why diminishing returns to capital do not take place in the AK model.

4) What are the main propositions of the Real Business Cycle model? Describe the basic structure of a prototype Real Business Cycle model.

5) Compare and contrast Adam Smith’s theory of development with that of Ricardo’s.

6) Discuss the Harris-Todaro model of migration. What has been the impact of this model? What is its relevance for developing nations?

7) Explain the meaning of cost-benefit analysis. Describe briefly the usual steps taken in a typical costbenefit exercise.

IGNOU MEC-04 (July 2020 - January 2021) Assignment Questions

This section carry 20 marks each (to be answered in about 500 words each).

  1. Examine the effect of population growth in the Solow model of economic growth. Discuss how the Solow model could be used to explain poverty traps in developing nations.
  2. Describe the Mankiw-Romer-Weil extension to the neoclassical model to include human capital. Explain why diminishing returns to capital do not take place in the AK model.

This section carry 12 marks each (to be answered in about 300 words each).

  1. Distinguish between economic growth and development. Briefly mention the main benefits that economic growth confers upon society.
  2. Describe Pasinetti's theory of economic growth and distribution.
  3. Describe the various approaches to the measurement of total factor productivity.
  4. What are the main propositions of the Real Business Cycle model? Describe the basic structure of a prototype Real Business Cycle model.
  5. Compare and contrast the Uzawa two-sector growth model with the Feldman model.

IGNOU MEC-04 (July 2020 - January 2021) Assignment Questions

IGNOU MEC-04 (July 2019 - January 2020) Assignment Questions

MEC-04 Assignment Details

  • University IGNOU (Indira Gandhi National Open University)
  • Title Economics of Growth and Development
  • Language(s) English and Hindi
  • Session July 2020 - January 2021
  • Code MEC-04
  • Subject Economics
  • Degree(s) MA
  • Course Core Courses (CC)
  • Author Gullybaba.com Panel
  • Publisher Gullybaba Publishing House Pvt. Ltd.

Assignment Submission End Date

The IGNOU open learning format requires students to submit study Assignments. Here is the final end date of the submission of this particular assignment according to the university calendar.

  • 15th July 2021 (if Enrolled in the July 2020 Session)
  • 30th Sept. 2021 (if Enrolled in the January 2021 Session).

Download Files & Sessions Details

Here are the PDF files that you can Download for this Assignment. You can pick the language of your choice and see other relevant information such as the Session, File Size and Format.

English Language

  • July 2021 - January 2022 24 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MEC04-EN-
  • July 2020 - January 2021 16 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MEC04-EN-

Hindi Language

  • July 2020 - January 2021 15 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MEC04-HI-
  • July 2019 - January 2020 13 Pages (0.00 ), PDF Format SKU: IGNGB-AS-MA-MEC04-HI-

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  • All Solved Answers By IGNOU Experts.
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  • Print Ready Format: A4 (21 x 29 x .20 cm (Width x Length x Height)

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