Tag Archives | Wage-Goods Model of Economic Development

In this article we will discuss about:- 1. Introduction to Wage-Goods Model 2. Components of Wage Goods Model 3. Disguised Unemployment and Wage-Goods Model 4. Wage Goods Strategy Further Developed and Modified 5. Arguments. Professors Vakil and Brahmananda adapted and modified classical theory of growth of income and employment in the context of today's developing countries characterised by disguised unemployment. [...]

In this article we will discuss about:- 1. Introduction to Wage-Goods Model 2. Components of Wage Goods Model 3. Disguised Unemployment and Wage-Goods Model 4. Wage Goods Strategy Further Developed and Modified 5. Arguments 6. Critical Evaluation. Professors Vakil and Brahmananda adapted and modified classical theory of growth of income and employment in the context of today's developing countries characterised [...]