Evaluation of Indian Economic Growth

Bc. Jiří Vostatek

Master's thesis

Abstract:

The main aim of this thesis is to evaluate the economic growth of India and to provide a comprehensive macroeconomic overview of the country. In the theoretical part are described theories of economic growth, such as classical, neo-classical, or endogenous growth theories. Furthermore, the thesis deals with selected macroeconomic concepts such as GDP, inflation, unemployment, and open economy. In theoretical part is also described the historical development of Indian subcontinent and membership of India in important regional economic groups.The practical part is focused on the analysis of selected macroeconomic and socio-economic indicators and prediction of their future values. Moreover, the econometric model is built up to examine which of the selected macroeconomic and socio-economic indicators affect the GDP growth of India the most. The long-term relationship between GDP growth and selected variables is then detected by the cointegration testing. In the final part, the results of the diploma thesis are presented.

Keywords

economic growth, analysis, evaluation, exchange rate, development, GDP, India, inflation rate, macroeconomy, population

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 28. 11. 2017

Obhajoba závěrečné práce

• Vedúci: Ing. Petr Procházka, MSc Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / odbor:
Economics and Management / European Agrarian Diplomacy