Economic Growth and Development


Prof. Rajshree Bedamatta

IIT Guwahati

*Additional GST and optional Exam fee are applicable.

SKU: IIT Guwahati Category:


This course engages the student with the much debated theories of growth versus development. The decades following liberalization and globalization have been a period of very high levels of economic inequality. With the focus on issues surrounding inequality, this course will introduce students to the major ideas and theories surrounding the often used and misused concepts of economic growth and economic development. With the help of major concepts used in growth and development economics, a student taking this course will be able to participate in the debate and understand the nuances surrounding the issue of economic development.


UG and PG students of Humanities and Social Sciences, Sciences and Engineering


Rajshree Bedamatta is Associate Professor of Economics at the Department of Humanities and Social Sciences at Indian Institute of Technology Guwahati, India. Her university training is in the discipline of Economics with specialization in Development Economics. She teaches and researches in the broad domains on Development Economics and Public Economics at IIT Guwahati. Her research is on agrarian markets with focus in the domains of food and nutrition, health and education.

Additional information



Total hours


Certification Process

1. Join the course
Learners may pay the applicable fees and enrol to a course on offer in the portal and get access to all of its contents including assignments. Validity of enrolment, which includes access to the videos and other learning material and attempting the assignments, will be mentioned on the course. Learner has to complete the assignments and get the minimum required marks to be eligible for the certification exam within this period.

COURSE ENROLMENT FEE: The Fee for Enrolment is Rs. 2000 + GST

2. Watch Videos+Submit Assignments
After enrolling, learners can watch lectures and learn and follow it up with attempting/answering the assignments given.

3. Get qualified to register for exams
A learner can earn a certificate in the self paced course only by appearing for the online remote proctored exam and to register for this, the learner should get minimum required marks in the assignments as given below:

Assignment score = Score more than 50% in at least 6/8 assignments.
Exam score = 50% of the proctored certification exam score out of 100
Only the e-certificate will be made available. Hard copies will not be dispatched.”

4. Register for exams
The certification exam is conducted online with remote proctoring. Once a learner has become eligible to register for the certification exam, they can choose a slot convenient to them from what is available and pay the exam fee. Schedule of available slot dates/timings for these remote-proctored online examinations will be published and made available to the learners.

EXAM FEE: The remote proctoring exam is optional for a fee of Rs.1500 + GST. An additional fee of Rs.1500 will apply for a non-standard time slot.

5. Results and Certification
After the exam, based on the certification criteria of the course, results will be declared and learners will be notified of the same. A link to download the e-certificate will be shared with learners who pass the certification exam.


Course Details

Week 1: Concepts of economic growth & development; The Global North & Global South Divide
Week 2: Indices of economic development and contemporary controversies
Week 3: Strategies of economic development-I
Week 4: Strategies of economic development-II
Week 5: Growth and Inequality
Week 6: Introduction to Human Development
Week 7 :Human Development Indices
Week 8: MDGs, SDGs & gender budgeting

Books and References

Adelman, Irma (1961), Theories of Economic Growth and Development, Stanford University Press.
Behrman, J. R., Chenery, Hollis, and T.N. Srinivasan (1995), Handbook of Development Economics, Vol 1 to 3, North Holland.
Ray, Debraj (2009), Development Economics, Oxford University Press, New Delhi.
Todaro, Michael and S. Smith (2009), Economic Development, Pearson.
UNDP (1990), Human Development Report 1990.
UNDP (1995), Human Development Report 1995.
Sen, Amartya (1977), Growth Economics, Selected Readings, Penguin.
Fukudda-Parr, Sakiko and Shiva, Kumar (eds.) (2007), Readings in Human Development, Oxford University Press, New Delhi.
Fukudda-Parr, Sakiko (2003), The Human Development Paradigm: Operationalising Sen’s Ideas on Capabilities, in Feminist Economics, Volume 9 (2-3).
Harris-White, Barbara and J. Heyer (2010), The Comparative Political Economy of Development: Africa and South Asia, Routledge.
Shariff, Abusaleh and M. Krishnaraj (2007), State, Markets and Inequalities, Orient Longman.


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