Economics

Answer all three questions. Your answer to each question should be about 400-500 words.

(1) What are the key ideas in the three theories of development – structuralism, neo-Marxism and neoliberalism – according to both the reading and the class notes?

(2) According to Sen and Dreze, Reuss and also to the Sustainable Development Goals, development should focus on the overall increase in human well-being, both social and economic. What are the social policies Dreze, Sen and others emphasize?

(3) What are some of the major controversies in international trade policy.