Development+Economics+Calendar

[|Boundless Learning]: Additional resources specifically developed for the textbook chapters below can be found by clicking the link to the left. **Beware**: You will have to sign up with Boundless Learning and choose Mankiw's textbook first. Then, you will have to search for the right chapter.

**__October 25 (Block A); October 26 (Block F)__:** Sources of Economic Growth and Development (Syllabus Section 5.1)

 * __Homework Due__: Read Mankiw (Chapters 25 and 26) and McGee (Section 5.1) and watch the following video.
 * media type="youtube" key="Bu2rJLy29jY" height="315" width="560"

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 * __Assessments and A__ __ ctivities __ : Lecture
 * __//Lecture//__: Sources of Economic Growth and Development (PDF below)
 * [[file:Sources of Economic Growth.pdf]]


 * __Related Readings__
 * [|Economic Growth]
 * [|Empirics of Economic Growth]
 * [|Natural (land) Resources]
 * [|Population]
 * [|Saving]
 * [|Telecommunications (Globalization)]
 * [|Space Bridging (Globalization)]
 * [|The German Economic Miracle]
 * [|Japan after WWII]
 * [|The Industrial Revolution and the Standard of Living]
 * [|Education]
 * [|Immigration]
 * [|Transition Economies]
 * [|Global Attitudes Regarding Sustainable Development]
 * [|The Magic of Microcredit]
 * __Human Capital__
 * __[|Pass the Books, Hold the Oil]__
 * [|What is the Wealth of a Nation?]
 * [|Human Capital]


 * __Additional Resources__
 * **__[|Commanding Heights]__:** Click the link above for resources related to this PBS documentary. We may watch a few clips from the video in class. [|You can watch the whole series by streaming it online, if you're interested by clicking here]. It's a really engaging and relatively contemporary view of development and globalization.

__**October 27 (Block A); October 30 (Block F)**__**:** Consequences of economic growth growth (Syllabus Section 5.2)

 * __Homework Due__: Read McGee (Section 5.2) and watch the video below
 * [|Consequences of Economic Growth]

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 * __Assessments and Activities__: Free-response/problem and lecture
 * __//Free-response/problem//__: You will work cooperatively with your partner to construct a response to the following prompt.
 * What are the determinants of economic growth? Use an AS-AD diagram and a production possibilities graph to illustrate economic growth.
 * __//Lecture//__: Consequences of economic growth (PDF below)
 * [[file:Consequences of Growth.pdf]]


 * __Related Readings__
 * [|"In Praise of Cheap Labor"]
 * [|"The Case for Sweatshops"]
 * [|Income Inequality in the U.S.]
 * [|The Academic Fight Over U.S. Inequality]
 * [|Economic Growth and the Environment]
 * [|Free Market Environmentalism]
 * [|Global Warming]

__**October 31 (Block A); November 1 (Block F)**__**:** Barriers to economic growth (Syllabus Section 5.3)

 * __Homework Due__: Read McGee (Section 5.3) and **Final Draft of Commentary #2**

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 * __Assessments and Activities__: Free-response/problem and lecture
 * __//Free-response/problem//__: You will work cooperatively with your partner to construct a response to the following prompt.
 * Define: Economic growth and economic development.
 * Using examples, explain the difference between economic growth and economic development.
 * __//Lecture//__: Barriers to economic growth and/or development (File with videos too big to post)


 * __Related Readings__
 * __[|Rent Seeking]__
 * [|Saving]
 * [|Corruption]
 * [|Political Behavior]
 * [|Law and Economics]

__**November 2 (Block A); November 3 (Block F)**__**:** Economic Growth and Development Models (Syllabus Section 5.4)

 * __Homework Due__: Read McGee (Section 5.4)


 * __//Free-response/problem//__: You will work cooperatively with your partner to construct a response to the following prompt


 * Describe the main barriers to economic development that countries may experience.
 * Evaluate the view that countries with more equal distribution of income and wealth are more likely to experience higher levels of development.


 * __//Lecture//__: Economic Growth and Development Models (PDF below)
 * [[file:Growth and Development Models.pdf]]


 * __Related Readings__
 * [|Economic Growth]
 * __[|Transition Economies]__

__**November 9 (Block A); November 10 (Block F)**__**:** Growth and development strategies (Syllabus Section 5.4)

 * __Homework Due__: Read Mankiw McGee (Section 5.4). Then watch the following video.
 * [|The effects of a protectionist subsidy]: Subsidies to domestic firms are central to the growth strategy known alternatively as import substitution industrialization (ISI) or Inward-oriented growth. Click the link to see a video on the economic effects of subsidies.

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 * __Assessments and Activities__: Free-response/problem and lecture
 * __//Free-response/problem//__: You will work cooperatively with your partner to construct a response to the following prompt
 * Explain the processes and transmission mechanisms that lead to economic growth in each of the following theories:
 * Harrod-Domar Model
 * Structural Change/Dual Sector Model


 * __//Lecture//__: Growth and Development Strategies (PDF below)
 * [[file:Growth and Development Strategies.pdf]]


 * __Related Readings__
 * [|Economic Growth]
 * [|Foreign Aid]
 * [|International Capital Flows]
 * [|Privatization]
 * __[|Space Bridging (Globalization)]__
 * [|Agricultural Subsidy Programs]

__**November 13 (Block A); November 14 (Block F)**__**:** Evaluation of growth and dvpt strategies (Syllabus Section 5.5)

 * __ Homework Due __: Read McGee (Section 5.5) and turn in hard copy of the extract for Commentary #3 on international trade and development econoimcs (Sections 4 and 5 of the syllabus)

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 * __Assessments and Activities__: Free-response/problem and lecture
 * __//Free-response/problem//__: You will work cooperatively with your partner to construct a response to the following prompt.
 * Some countries have tended to use inward oriented development strategies, while others have used outward oriented strategies. Describe the main features of each type of strategy and evaluate their advantages and disadvantages. Your answer should include diagrams for the tariffs and subsidies used in import-substitution.
 * __//Lecture//__: Evaluation of growth and development strategies (PDF below)
 * [[file:4 - Evaluation of Growth and Dvpt Strategies.pdf]]


 * __Related Readings__
 * __[|Foreign Aid]__
 * [|International Capital Flows]

__**November 15 (Block A); November 16 (Block F)**__**:** Development Economics

 * __Homework Due__: Read [|Asymmetric Globalization by Nancy Birdsall] and complete notecard a commentary.


 * __Assessments and Activities__: Free-response/problem and class discussion


 * __//Free-response/problem//__: You will work cooperatively with your partner to construct a response to the following prompt.


 * Evaluate the view that trade is more effective than aid in achieving economic development.


 * __//Class Discussion//__: We will discuss the reading in class. After the discussion you should click here to continue our conversation online. Your posts to this online discussion (Online Discussion #2) are due by the end of Winter Break.

__**November 20 (Block A); November 21 (Block F)**__**:** Internal assessment

 * __Homework Due__: Your posts to Online Discussion #2 should be complete. Also, bring your laptops and any study materials you might need for the test on Development Economics next class.


 * __Assessments and Activities__: We will do on activity that will help you to learn better how to write Paper 1 and Paper 2 on the IB Exam. Then you will have time to study for your test on Development Economics.