Development Economics A result of more than four decades of

A result of more than four decades of teaching experience, this book entitled Development Economics deals with the problems of economic growth, development and eradication of poverty and unemployment. The book also includes an analytical study of important issues of environment and sustainable development. The book not only explains the models and theories of economic growth but also critically evaluates their relevance to developing countries. A major highlight of discussion in the context is the exploration of the widely accepted Amartya Sens Capability Approach to development. Specially aligned according to the new model curriculum of UGC An analytical and critical evaluation of the important growth models and theories of economic growth Important economic concepts and propositions are presented in mathematical form Part IDevelopment and Underdevelopment 1. Economic Growth and Development 318 2. Alternative Measures of Development and Human Development Index (HDI) 1932 3. Underdevelopment and Development Gap 3351 4. Common Characteristics of Developing Countries 5262 5. Perpetuation of Underdevelopment and Obstacles To Economic Development 6383 Part IIFactors In Economic Development 6. Factors Determining Economic Growth: An Overview 87102 7. Capital Formation: Determinants and Acceleration. Technological Progress and Economic Development A. Technological Progress: Neutral, Capital Using and Labour Saving. Human Resource Development: Education and Economic Growth. Human Resource Development: Health and Nutrition. Population and Economic Development: Theory of Demographic Transition and Fertility. Population Growth: How it Affects Economic Development, Poverty and Environment A. Demographic Transition In India 181 184 Part IIIModern Theories and Models of Economic