2009 Kerala University B.A Economics Final Year B.A. Degree Examination, March 2009 Question paper

Final Year B.A. Degree Examination, March 2009
Part III – Group III – ECONOMICS
Paper – IV : Development Economics and Environment
(New Scheme – 2005 admn. Onwards)
Time : 3 Hours Max. Marks : 100
Instruction : Answers may be written in English or Malayalam.
I. Choose the correct answer. Write only the alphabet :
1) Economic development means
a) Growth b) Development c) Growth with change
2) In Lewis theory, capital formation depends on
a) Capitalist surplus
b) Labour saving technology
c) Labour supply
3) Critical minimum effort thesis is developed by
a) A.O. Hirschman b) H. Leibenstein c) Karl Marx
4) Financial dualism is explained by
a) J.H. Bocke b) Benjamin Higgins c) Myint
5) According to Marx, the mechanism of social change is
a) Surplus value
b) Class struggle
c) Industrial reserve army (5×1=5 Marks)
II. State True or False :
6) Compared to other Indian states, Kerala has a high HDI.
7) Stationary state is a feature of Marxian model.
8) Labour intensive technique is suited to underdeveloped countries.
9) Non renewable resources are subject to growth and depletion.
10) Schumacher is associated with intermediate technology. (5×1=5 Marks)
III. Fill in the blanks :
11) –––––––––––––– described the vicious circle of poverty.
a) Richard Nelson b) Ragnar Nurkse c) Rosenstein Rodan
12) Lorenz curve measures –––––––––––––––
a) Economic development
b) Economic growth
c) Inequality
13) –––––––––––––– is an engine of growth.
a) Foreign aid b) Foreign trade c) Foreign exchange
14) When there is disguised unemployment, marginal productivity of labour is
––––––––––––––––
a) Zero b) Positive c) Constant
15) Robert Thomas Malthus is associated with ––––––––––––––
a) Capital formation b) Technology c) Population
(5×1=5 Marks)
-3- 1250
IV. Define any four of the following :
16) Poverty
17) Capital output ratio
18) Financial dualism
19) Environment
20) Per capita income. (4×1=4 Marks)
V. Answer any seven of the following in not more than half a page :
21) Physical Quality of Life Index.
22) Economic Development.
23) Human Resource Development.
24) Capital Intensive Technique.
25) Vicious Circle of Poverty.
26) Production function according to classical model.
27) Subsistence sector according to Lewis model.
28) Qualitative Credit Control.
29) Property right approach to environment problem.
30) Innovation. (7×3=21 Marks)
VI. Answer any six of the following, each not more than one page :
31) Measures by govt. to control environmental pollution.
32) Market failures.
33) National income as a measure of economic development.
34) Malthusian concept of economic development.
35) Theory of Demographic Transition.
36) Big Push Theory.
37) Growth agents according to Leibenstein.
38) Behavioural and Social Dualism.
39) Marxian model of development.
40) Components of Human Development Index. (6×5=30 Marks)
VII. Answer any three of the following, each not exceeding three pages :
41) Explain the characteristics of developing countries.
42) Critically examine the Unbalanced Growth Strategy.
43) Discuss the role of international trade in economic development.
44) Briefly describe the theory of Low Level Equilibrium Trap contributed by
Nelson.
45) Role of agriculture and industry in economic development.
46) Examine the relation between capital formation and economic development.
(3×10=30 Marks)
–––––––––––––