Forums Economics Assignment Help What is Development Economics

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    john Smith

    What is Development Economics?



    Answer: Development Economics is the branch of economics that deals with the development process of low-income areas. It focuses on economic growth and the structural changes to support the growth, as well as improving public welfare. Development Economics refers the following topic:

    • Improve public welfare
    • Applied at domestic or international level
    • Branch of economics
    • Development process of low-income areas
    • Economic growth and structural changes
    • Political and social considerations
    • Normative economics
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