What Is the Importance of Development Economics?

Development economics is economics that studies the laws of economic development, the laws of the relationship between economic development and social development, and the laws of social development based on economic development. In the strict sense, economics is development economics. Development economics requires the symmetrical analysis of subject and object to replace the linear analysis of pure object, five-dimensional space analysis to replace planar two-dimensional analysis, complex system theory analysis to replace reduction theory analysis, normative analysis to replace empirical analysis, scale analysis to replace margin Analysis, use "marginal benefit analysis" to enhance "marginal efficiency analysis", replace value economics with value economics, replace price mechanism with value mechanism as the core mechanism of the market, replace GDP growth system with national welfare system, and use socialist market economy Instead of a capitalist market economy, use scientific development instead of growth. It is impossible to construct a real development economics with a linear mindset. ^[1-2]

Development Economics

(Second Discipline of Economics)

the study

Development economics is a comprehensive branch of economics gradually formed in western countries in the late 1940s. It is a new discipline that has gradually emerged in the economics system to meet the needs of the times. It is mainly a study of poverty and backwardness. Economics of how to realize the industrialization, poverty alleviation and prosperity of the agricultural countries or developing countries.

After World War II, colonies and large areas in Asia, Africa, and Latin America

Since the 1990s, development economics has shown the following development trends:

Research content tends to be concrete

2. Research scope tends to be national

With

Development economics is contemporary

Development Economics is a book published in 1945 by Zhang Peigang.

Introduction to the author of development economics

Zhang Peigang is known as "the Harvard on the economy, the first person in the East ". His doctoral dissertation "Agriculture and Industrialization" completed at Harvard University in 1945 was widely recognized as the pioneering work of development economics. It was not published in China until nearly 40 years later. He is recognized worldwide as the founder of development economics.

Zhang Peigang, Founder of Development Economics