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51 lessons,
10h 35m
Economic Growth and Development
1,251 plays

Economic growth and development

Syed Haider Ali
Teacher Guide Editor by Profession 4 years Teaching experience MA sociology MBA marketing and finance Economics enthusiast

Unacademy user
  1. ABOUT ME Syed Haider Ali BBA IMS dehradun MBA marketing and finance ipm MA sociology Faculty for civil services

  2. Economic growth and development Growth- quantitative aspect It is unidirectional measures are GDP Gnp. Growth is about just getting bigger. It's Growth is physical. Development qualitative aspect. . multidimensional Hdi hpi development is improvement. . Can be physical and psychological.

  3. Need to measure economic growth 1. To target economic development. 2. To adjust growth rate. 3. To provide balance contribution of all the sectors of economy 4. To estimate the value of goods and services.