Outline and evaluate the value of the Lewis model to understanding growth in a labour surplus economy.

Economics Assignment

Essay must be fully referenced using the Chicago System
Word length of 2000 words
Present a cogent, reasoned argument
Analyse arguments and issues in Asian economic development

Choose ONE of the following topics:
Topic 1
Outline and evaluate the value of the Lewis model to understanding growth in a labour surplus economy.

Topic 2
What is total factor productivity growth and why is it important?

Topic 3
“If the leading Asian economics continue to achieve high rates of economic growth, the state of the environment will eventually improve.” Discuss.