Semester : SEMESTER 6
Subject : Development of Economic Thought
Year : 2022
Term : March
Branch : ECONOMICS WITH ISLAMIC FINANCE
Scheme : 2020 Full Time
Course Code : ECO 6B 13
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2 C 20740
Tableau Economique.
Mahadevy Govind Ranade.
(10 x 3 = 30 marks)
Section B
Answer atleast five questions.
Each question carries 6 marks.
All questions can be attended.
Overall ceiling 30.
Explain major contributions of Francis Quesnay.
Discuss the important ideas and effects of enlightenment.
Explain Marx’s critique of Classical Economics.
Prepare a note on unfair treatment of the colonies. What were the negative effects of colonialism
in India?
Explain the theory of stages of economic development given by Karl Marx.
Explain general equilibrium of Walras.
Evaluate major contributions of Chanakya.
Examine Gandhi’s economic views.
(5 x 6 = 30 marks)
Section C
Answer any two questions.
Each question carries 10 marks.
Explain the meaning and characteristics of Mercantilism. Discuss the significance of mercantilism
today.
Discuss important works and contributions of Adam Smith.
Critically examine Ricardian theory of rent.
Examine the works of Dadabhai Naoroji. Discuss the theory of Drain of Wealth.
(2 x 10 = 20 marks)
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