Development economics

Table of Contents

1. Topic pack - Development economics - introduction
2. 4.1 Economic development (notes)
3. 4.1 Economic development (questions)
4. 4.2 Measuring Economic Development (notes)
5. 4.2 Measuring development (questions)
   1. Short answer questions
   2. Data response (1)
   3. Data response (2)
   4. Data response (3)
   5. Long Question (1)
   6. Long Question (2)
6. 4.3 The role of domestic factors in economic development (notes)
7. 4.3 The role of domestic factors in economic development (questions)
8. 4.4 The role of international trade (notes)
9. 4.4 The role of international trade (questions)
10. 4.5 The role of Foreign Direct Investment (FDI) (notes)
11. 4.5 The role of foreign direct investment (questions)
12. 4.6 The role of foreign aid and multilaterial development assistance (notes)
13. 4.6 The role of foreign aid and multilateral development assistance (questions)
14. 4.7 The role of international debt (notes)
15. 4.7 The role of international debt (questions)
16. 4.8 The balance between markets and intervention (notes)
17. 4.8 The balance between markets and intervention (questions)
18. Print View

Short answer questions

Question 1

Explain why is the GDP per capita of low income countries is generally higher that their GNP per capita.

Question 2

Identify the component indicators that make up the Human Development Index.

Question 3

Distinguish between wealth, income and welfare.

Question 4

Critically assess the view that an increase in the national income will lead to a corresponding increase in welfare.

Question 5

Explain the advantages of using composite indices of welfare in addition to the GDP figures.