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RD OF Managerial
RD OF Managerial
RD OF Managerial
MANAGERIAL ECONOMICS
TOPIC: “LOW PER CAPITA INCOME AND ITS IMPACT ON
GROWTH”
ROUGH DRAFT SUBMITTED IN THE PARTIAL FULFILMENT OF THE COURSE
TITLED
PROPOSAL SUBMITTED BY
NAME: RISHABH SINHA
ROLL NO: 2034
SEMESTER:THIRD
YEAR: 2018-2023
COURSE: B.B.A.,LL.B. (HONS)
PROPOSAL SUBMITTED TO
Per capita income counts each man, woman, and child, even newborn babies, as a member of
the population. This stands in contrast to other common measurements of an area's prosperity,
such as household income, which counts all people residing under one roof as a household,
and family income, which counts as a family those related by birth, marriage, or adoption
who live under the same roof. Perhaps the most common use of income per capita is to
ascertain an area's wealth or lack of wealth. Per capita income is also useful in assessing an
area's affordability. It can be used in conjunction with data on real estate prices, for instance,
to help determine if average homes are out of reach for the average family. Notoriously
expensive areas such as Manhattan and San Francisco maintain extremely high ratios of
average home price to income per capita.
There are many limitations to per capita income and it can be skewed easily based on living
standards as it doesn’t provide an acute representation of income or the standard of living. Per
Capita includes children in the total population , but children don’t earn any income. Per
capita income doesn’t reflect savings or wealth so for example a person with low income has
huge amount of savings to live a higher standard of living. Per capita income would reflect
him as a low income earner.
RESEARCH METHODOLOGY
TENTATIVE CHAPTERIZATION
1. Introduction
2. What is Per Capita Income?
3. Impact of low per capita income on economic growth
4. Limitations of Per capita income
5. Per capita income in developing countries
6. Conclusion & Suggestion
HYPOTHESIS
The researcher has taken the following hypothesis :
BIBLIOGRAPHY
Primary source :
Books-
1. Managerial Economics By DN Dwivedi
2. Managerial Economics By GS Gupta
3. Managerial Economics By Yogesh Maheshwari
Secondary source:
Websites-
1. www.investopedia.com
2. www.economicsuk.com
3. www.nakedcapitalism.com