Balanced & Unbalanced Growth Theories | All Theories Explained | UGC NET Economics JRF

Balanced and Unbalanced Growth Theories of Economic Development | UGC NET Economics JRF In this lecture, we cover the major Balanced Growth and Unbalanced Growth Theories of Economic Development in a simple, exam-oriented manner. Understand the key concepts, assumptions, contributions, and differences between these important theories. 📚 Topics Covered in This Lecture: Big Push Theory – Paul Rosenstein-Rodan Balanced Growth Theory – Ragnar Nurkse Critical Minimum Effort Theory – Harvey Leibenstein Cumulative Causation Theory – Gunnar Myrdal Unbalanced Growth Theory – Albert O. Hirschman Prebisch–Singer Hypothesis and Centre–Periphery Perspective – Raúl Prebisch and Hans Singer 🎯 Why Watch This Lecture? Understand the core ideas of each theory. Learn the differences between balanced and unbalanced growth strategies. Revise important economists and their contributions. Prepare for Economics objective and descriptive examinations. 📖 Useful for: UGC NET Economics UGC NET JRF UPSC Indian Economic Service (IES) MA Economics examinations Economics Optional and other competitive examinations 🔔 Subscribe to Eco JRF Decoded for economics theories, conceptual explanations, diagrams, PYQs, and exam-focused revision. If this lecture helps you, like the video and share it with fellow Economics aspirants. #BalancedGrowthTheory #UnbalancedGrowthTheory #EconomicDevelopment #BigPushTheory #NurkseTheory #LeibensteinTheory #MyrdalTheory #HirschmanTheory #PrebischSingerHypothesis #UGCNETEconomics #EconomicsJRF #UPSCIESEconomics #EcoJRFDecoded #ugcneteconomics #economicsjrf #jrfpreparation