Economics of Planning

M.A. (PREVIOUS) EXAMINATION 2016 HELD IN 2017

ECONOMICS (Paper V)

ECONOMICS OF PLANNING

Time: 3 hours                                                            Max. Marks: 100

Instructions:

1)       Attempt any five questions,

2)       All questions carry equal marks.

 

Q.1     (a) Discuss the relationship between economic growth and development. Is development conceivable without economic growth?

(b) Does economic development necessarily imply industrialization'? Discuss?

Q.2     (a) What arc the most important common problem and characteristics of developing countries?

(b) What is the role of economic planning in present day developing countries?

Q,3     (a) Explain and comment on some of the major arguments both economic and non-economic for planning in developing countries?

(b) Differentiate between "planning and inducement" and "planning by control”?

Q.4     What is wrong with "external debt"? Under which circumstance are debts a threat for and against the establishment of state-owned enterprises (S0Es) in developing nations? Do you think that SOEs should or should not be discouraged? What arc the arguments for and against privatization of the public sector enterprises in developing countries?

Q.6     Discuss the main characteristic of Lewis’s model of “economic development with unlimited supplies of labor”. What are the most important criticisms leveled against the Lewis model?

Q.7     (a) To what extent investment in education a necessary condition for economic development?

(b) Why are expenditures on education skewed towards higher education, in spite of the fact that returns of primary education arc greater than on higher education? Discuss with reference to the economy of Pakistan?

Q.8     (a) Why is foreign direct investment important for growth of manufacturing sector in developing countries?

(b) To what extent does the effectiveness of foreign aid depend on development policies and development strategies of the countries receiving aid?

Q.9     Write short notes on any TWO of the following:

(i) Rural development vs. Agricultural development

(ii) The “Big Push” Development Strategy

(iii) Relationship between Employment. Income distribution and Poverty.

(iv) The crises in economic planning problem of implementation and plan failures.

 

 

M.A. PREVIOUS EXAMINATION 2017 HELD IN 2018

ECONOMICS (Paper IV)

ECONOMIC PLANNING

Time: 3 Hours                                                                     Max Marks: 100

 

Instructions:

(1) Attempt any FIVE questions.

(2) All questions any equal marks.

 

Q.I     Briefly describe the various dentitions of the term development. What do you understand by the "Basic Needs Approach" to development? Explain.

 

Q.2     What are the criteria's on which "HIRSHMAN" based his reason for setting "Last Stage industry First"?

 

Q.3     What does an Input Output table shows? What are the major purposes of Input Output Analysis?

 

Q.4     Discuss the relative merits of Import Substitution versus Export Promotion?

 

Q.5     What are the main stages in the preparation of a Five-year Development Plan? Discuss the importance of annual development plans for the Five-Year Planning of the Country.

 

Q.6     What is Social Cost Bench Analysis? Why is it useful for the purpose of Economic Planning?

 

Q.7     State and explain how far the policies of privatization and deregulation will have a beneficial effect on the economic development of Pakistan?

 

Q.8     (a) What is meant by strategy of economic planning what are its elements?

(b) Discuss the planning strategies that had been adopted by the government of Pakistan under five year planning.

 

Q.9     Write short notes on any two of the following:

(i)  Growth is good for the poor

(ii) Public versus private sector

(iii) Investment in human capital

(iv) Tariffs subsidies as a means of protection

 

 

M.A. (PREVIOUS) EXAMINATION 2018 HELD IN 2019

ECONOMICS (PAPER IV)

ECONOMIC PLANNING

Time: 3 hours                                                            Max Marks: 100

 

Instructions

(1) Attempt any FIVE questions

(2) All questions carry equal marks

 

Q1      Does the economic development necessarily imply industrialization? Discuss with the help of example

Q2      (A) Discuss the main obstacles in the economic planning of Pakistan

(B) Describe the factors responsible for the economic development of Pakistan

Q3      What is wrong with external debt?  Under which circumstances that is a threat in the development of a country?

Q4      Formulate the key equation of Harrod Domar model and describe the dynamics of economic growth that follow from this model

Q5      Discuss the causes of deficit in the balance of payment of Pakistan.  Suggest remedies to reduce this deficit

Q6      Why is foreign direct investment FDI important for growth of manufacturing sector in developing countries?  Discuss

Q7      Write short notes on any two of the following

(I) Indicated planning and Comprehensive planning

(II) Public vs. Private sector

(III) Manpower resources and its utilization