What is development economics traditional economics studies, Ask an Expert

Economics

What is development economics?

Traditional economics studies the allowance of scarce resources among alternative uses.

Development economics seems at the economic, political, social and institutional changes required to bring about huge-scale rapid enhancements in the human well-being, particularly for poor people into developing countries.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9579484

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