This is my first economic assignment - with each brief notes consisting of 150 words and broad notes consisting of 400 - 600 words. They also carry 3×3 and 10+6 marks that makes 25 marks in total
Though it is difficult to categorically define and under-developed economy, the United Nations experts say an under-developed economy is one in which per capita real income is low when compared with the per capita real income of the U.S.A., Canada, Australia and Western Europe. But UNO focuses only on one aspect of economy viz. poverty. In reality there are so many more features like population, nature of the economy, capital, labor and natural resources which are so essential of a modern economy.
Hence main features of an under-developed economy are:-
- Low per capita income
- Deficiency of capital equipment
- Excessive dependence on agriculture
- Rapid rate of population growth
- Unemployment and under-employment
- Under utilization of natural resources
- Foreign trade orientation
- Low levels of technology and skills
- Economic backwardness
- Inequalities of income and wealth
- Dualistic economy
- Inadequate infrastructure
- Peculiar demographic features
National Income
There are various definitions of national income. But the definition given by Colin Clark, a renowned British economist is most complete. According to him “ The national income for any period consists of the money value of the goods and services becoming available for consumption during that period, reckoned at their current selling value, plus additions to capital reckoned at the prices actually paid for the new capital goods minus depreciation and obsolescence of existing capital goods and adding the net accretion of or deducting the net drawings upon stock, also reckoned at the current prices.”
In simple term, national income is the aggregate factor income which arises from current production of goods by the nation’s economy over a period of time minus depreciations, indirect taxes and subsidies.
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August 27th, 2008 | Posted in Articles, Teaching | No Comments
One of the main aims of every company is to increase sales and thus improve its profit potential. Our life is moving very fast. Every day a lot of companies try to win their share of market. They try to improve quality and decrease sales thus making their products more and more attractive of customers. But in fact proper marketing is a key element in sales increase.In this case the success of the company is in the hands of your managers working in the sales department, their experience and knowledge. In fact these qualities can be achieved very fast. A lot of educational centers offer sales coaching programs. During a seminar sales managers will be provided an opportunity to learn the latest trends in sales increase. A lot most of the lectures are conducted by an experienced sales trainer who possesses both theoretical and practical knowledge in this sphere of business. These lectures are conducted in the form of discussion where you can ask questions which you are interested in. As a result you sales managers will be able to work out a marketing strategy which will give you and opportunity to minimize your costs and thus maximize your profit. And finally they will open new horizons for your company development
August 18th, 2008 | Posted in Career Guide, Vocational Training | No Comments
It has been long since I wrote a post on 25 or so of my blogs due to so many reasons!!!
I also could not finish my B.Ed. assignments within time! but now I realize that I must go back to my normal life which consist of webmastering and blogging.
This blog holds a special place for me as this is 2% commercial and 98% of what my real life profession is all about.
Just to mention - I took up two Method Papers for 2nd year of my B.Ed course - viz. -
1) English
2) Civics/Economics.
Although I did my major in Political Science or so to say Civics, it has been Economics which has always drawn my interest and attention. So I decided to do my assignment in Economics.
Here I present my assignment for english and within couple of days I’ll post that of Economics.
The topic for English assignment is
Importance of English In Indian Educational Scenario
Here is my work——–
Introduction:
It has been almost two centuries that English education was introduced in India and since then it has been playing an important role in our national life, not to mention our educational system. Most people believe that the then British rulers needed some cheap native clerks who could work in their offices much like what Lord Macaulay called “a class of people, Indian in blood and color, but English in taste, in opinions, in morals and in intellect”. But I personally don’t hold this view. Even ardent patriots like Raja Ram Mohan Roy expressed that learning English would help Indians to understand the philosophical and scientific advancement of the west. Later on English became a national link language and made Indians united in their struggle for independence. It has also improved our languages and literatures to a great extent.
But after independence, the role and importance of English in our educational system as well as national life was seriously questioned by many. According to some of our leaders, English was a symbol and instrument of colonial exploitation. Hence, it should be done away with completely from our systems. In the end, wise senses prevailed and English was kept initially for 15 years as an Associate Official Language for inter-state communications and communications between the states and the centre so as to give time to the learning of Hindi. Jawaharlal Nehru opined that “If you push out English, does Hindi fully take its place? I hope it will. But I wish to avoid the danger of one unifying factor being pushed out without another unifying factor fully taking its place. In that event there will be a gap, a hiatus. The creation of any such gap or hiatus must be avoided at all costs. It is very vital to do so in the interest of the unity of our country. It is this that leads me to the conclusion that English is likely to have an important place in the foreseeable future”. Read the rest of this entry »
July 19th, 2008 | Posted in School Org. & Methods, Teaching | No Comments
Oops! Finally I am back to my normal life – i.e. blogging after more than six weeks into my professional training (Bachelor of Education or B.Ed).
Here, I must let my readers know a little bit about the background of my engagement in this profession. Soon after finishing my graduation, I was lucky to get a teaching job to teach Politics and occasionally Economics to 15-17 years old students. At the time of my appointment, I had no professional training to teach. So I had to do it as early as possible and hence I took admission for the training with the local university. My training program is called Distance Course as I am to attend lectures only during summer and festival vacations that makes it around eight weeks per year. It was 2004 that I finished my first year assignments but unfortunately I could not appear for the second year qualifying examination due to sudden heart attack that my father suffered. Since than I lost momentum or motivation to continue. But suddenly I realized that I must finish the course to enjoy full benefits and grab future opportunities that would arise in future.
So here I go. I appeared for the second year qualifying examination from 18th to 29th April and soon after I was into second year Personal Contact Program (PCP or lectures) from 3rd May (summer vacation). It continued till 27th May.
I don’t want to talk about how I fared in the examination as you may guess! It was horrible to do everything anew since I lost the momentum. However, there is a slight chance that I might qualify and I’ll soon be knowing it when my results come out.
But YES! I can certainly talk about my terrible experiences during the PCP. We had only two lectures per day and I took up English and Civics & Economics as my method papers. I had absolutely no idea what method papers were supposed to be. What turned out to be made me nervous as now I was learning all the methods and techniques to teach these subjects. I’ll soon be writing all those things that I had to learn.
Nevertheless, it was not the contents of the subjects that made me feel out of sort but it was the time I had to sit out in the class-room. Man, I had to sit out continuously for 90 minutes per subject. And it almost forced me to leave the training program as I lost the practice of sitting around longtime back. Due to my absent mindedness during lectures, I had big problems with my lesson plans and had to redo them again and again as professors did not approve them time after time due to low quality.
The most terrible experience I had during this period is on 25th May, the day I had to do micro-teaching. There were fifty six students with me in the hall and everybody had to do mock teaching. Before my turn came, I was already very nervous and sweating. And when my turn came, I forgot all my preparation and started to tremble.
So that’s it folks. Now that I am back (my next PCP is in October), I’ll slowly but surely bring all the lessons, tricks, techniques and methods I am learning during my teachers training. My sole goal is to share my experience with fellow educationists. 
June 3rd, 2008 | Posted in Articles | No Comments