Development Economics by A Hamid Shahid - ILMI

Development Economics For M.A
Author: A. Hamid Shahid
Publisher: ILMI

Introduction

Development Economics For M.A by A. Hamid Shahid is a comprehensive textbook designed for M.A. Economics students. The book covers theories, policies, and practical applications of development economics, making it a valuable resource for students, researchers, and professionals. It provides a thorough analysis of economic growth, poverty, inequality, and policy frameworks in both developed and developing economies.

Key Points

• Theories of Economic Development
  The book explores various economic development theories, including classical, neoclassical, and modern growth theories. It provides insights into models by Adam Smith, David Ricardo, Harrod-Domar, Solow, and Rostow.

• Poverty, Inequality, and Human Development
  A critical focus on poverty, income inequality, and human capital development, highlighting the role of education, health, and social welfare policies in economic growth.

• Role of Government and Policies
  Discusses how fiscal policies, monetary policies, and trade policies impact development. It covers topics such as public investment, taxation, inflation control, and exchange rates.

• Sustainable Development and Environmental Economics
  Addresses climate change, resource management, and sustainability challenges faced by developing nations, emphasizing the balance between economic growth and environmental conservation.

• Globalization and Economic Development
  Examines the impact of globalization, international trade, foreign aid, and financial institutions like the IMF, World Bank, and WTO on developing economies.

Why Read This Book?

• Comprehensive coverage of development economics, making it ideal for students, researchers, and policy analysts.
• Practical case studies from various countries, offering real-world insights into economic challenges and solutions.
• Easy-to-understand language, making complex economic concepts accessible to students.
• Updated economic data and policy discussions relevant to current global economic trends.

Conclusion

Development Economics For M.A by A. Hamid Shahid is a must-read for students of M.A. Economics. It provides a theoretical and practical foundation in development economics, equipping readers with the knowledge needed to analyze, critique, and implement economic policies for sustainable growth.