ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

(Department of Economics)

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THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD
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Course: Development Economics-I (4671) Semester: Spring, 2018
Level: M.Sc. Economics Credit Hours: 03
Total Marks: 100 Pass Marks: 40
ASSIGNMENT No. 1
(Units 1–5)
Q.1 Explain the concept of dualism and various aspects of dual societies. (20)
Q.2 Discuss the general causes of low levels of productivity in under developed
countries. (20)
Q.3 Discuss the limitations of new development theories such as “vicious circles”
theory. (20)
Q.4 Explain the term interdependent international economic system. In what ways the
national economies are becoming more and more interdependent. (20)
Q.5 Is the neoclassical free market theory necessarily incompatible with dependence
theory? How might these two approaches work together? (20)

ASSIGNMENT No. 2
(Units 6–9)
Total Marks: 100 Pass Marks: 40
Q.1 Why development economists are in favor of land reforms, in the societies where
distribution of land ownership is highly unequal? (20)
Q.2 Do you favor industrialization in rural and remote area? Give your view. (20)
Q.3 Describe in details the different modes of transfer of technology from developed to
developing countries. (20)
Q.4 Discuss that the inputs to the production process are reduced as a result of
technological improvements. (20)

1
Q.5 Do public enterprises enable a government to pursue its economic policies in a
more effective way? (20)