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Macroeconomics and Microeconomics

Ten Principles of Economics

Theories of Economic Development and Growth

Quiz | Economics | Theories of Economic Development and Growth

The Economic growth reflects an increase in that country's GDP. GDP stands for_______

According to modernization theory, which of the following are important for explaining economic development (or lack there of)?

Formula of GDP = C + G + I + NX, C stands for_____?

Which of the following describe the theory of Economic Growth ?

Classical Growth Theory postulates  the clash between which two?

The neoclassical theory of growth identifies the steady state rate of growth as the _________ just sufficient to keep ____________ constant while labour grows.

The new theory of economic growth emphasizes facts about market economies are ?

_________________ predicts that the global economy will grow and at a rate that is determined by the pace of technological change .

The role of Government in Economic Growth is which of the following ________ ?