BECE-016

                   Economic Development: Comparative Analysis and

                                    Contemporary Issues

                                                                                                                    Programme Code: BDP

                                                                                                                   Course Code: BECE-016

                                                                                       Asst. Code: BECE-016/AST/TMA/2019-20

                                                                                                                         Maximum Marks: 100

Note: Answer all the questions.

A. Long Answer Questions. (Answer in about 500 words each)                                          2 x 20=40

1. Discuss the characteristic features of ‘capitalism’.

2. Explain the applications of Information Technology in the sectors of education and weather forecasting.

B. Medium Answer Questions. (Answer in about 250 words each)                                     4 x 12=48

3. Write a note on the economic characteristics of underdeveloped countries.

4. How does ‘capitalism’ cope with scarcity: explain.

5. Outline the need for ‘public-private partnerships’.

6. What suggestions can you make on reforming the present ‘monetary system’?: outline.

C. Short Answer Questions. (Answer in about 100 words each)                                           2 x 6=12

7. Distinguish between:                                                                                                                (3 x 2 = 6)

a) Technology and Innovation

b) Terms of Trade and Exchange Rate Volatility

c) Harrod neutrality and Hicks neutrality

8. Write short notes on:                                                                                                                 (3 x 2 = 6)

i) Uruguay Round.

ii) Preferential Trade Agreements

iii) Role of Public Sector