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Home Theories of Under Development Rural-Urban Migration Model


Rural-Urban Migration Model:


Rural-Urban Migration Model is the model of dual economy which states that:


"Economies have a backward agricultural sector and have an advanced industrial sector. The backward sector has big amount of disguised unemployment, which by transferring to advanced sector can be utilized and process of capital formation can be started".


In this respect, we shall study three models: (Click the following any link to read full article)


(1) Lewis Model of Unlimited Supply of Labor.


(2) Fei-Ranis Model.


(3) M.P. Todaro's Model of Rural-Urban Migration.


Relevant Articles:


Nurkse's Model of Vicious Circle of Poverty (VCP)
Nelson's Low Level Equilibrium Trap
Leibenstein's Critical Minimum Effort
Big Push Theory By Rosenstein Rodan
Linear Stages Theory and Rostow's Stages of Economic Growth
Harrod-Domar (H-D) Growth Model
Adelman and Morris Stage Theory
International Structuralist Models
Dualism and the Concept of Dual Societies
Dualistic Theories
Rural-Urban Migration Model
Neo-Classical Counter Revolution Theory
Traditional and Modern Growth Theories
Romer's Model of Endogenous Growth Theory

Principles and Theories of Micro Economics
Definition and Explanation of Economics
Theory of Consumer Behavior
Indifference Curve Analysis of Consumer's Equilibrium
Theory of Demand
Theory of Supply
Elasticity of Demand
Elasticity of Supply
Equilibrium of Demand and Supply
Economic Resources
Scale of Production
Laws of Returns
Production Function
Cost Analysis
Various Revenue Concepts
Price and output Determination Under Perfect Competition
Price and Output Determination Under Monopoly
Price and Output Determination Under Monopolistic/Imperfect Competition
Theory of Factor Pricing OR Theory of Distribution
Principles and Theories of Macro Economics
National Income and Its Measurement
Principles of Public Finance
Public Revenue and Taxation
National Debt and Income Determination
Fiscal Policy
Determinants of the Level of National Income and Employment
Determination of National Income
Theories of Employment
Theory of International Trade
Balance of Payments
Commercial Policy
Development and Planning Economics
Introduction to Development Economics
Features of Developing Countries
Economic Development and Economic Growth
Theories of Under Development
Theories of Economic Growth
Agriculture and Economic Development
Monetary Economics and Public Finance

History of Money

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