Two out of five people worldwide lack access to a toilet. One out of six does not have access to safe drinking water.  Inadequate access to water and sanitation contributes to two million child deaths a year.

 Welcome to      

ECONOMICS 280:   Development Economics

Fall 2009: TTh 8:30-10:00 and 10:10-11:40
Instructor: Jim Casey
Contact Info: Holekamp 214, Ext. 8102, Email: Caseyj
Office Hours: : W 10-12
Prerequisite: Economics 101


General Development Initiative


Course Overview:

    Economic Development has been defined by Nobel Laureate Amartya Sen as "the process of expanding the real freedoms that people enjoy" (see Development as Freedom, p. 3). Pakistani economist Mahbub ul Haq has written that "the objective of development is to create an enabling environment for people to enjoy long, healthy and creative lives" (see Human Development Reports).  Development Economics is the branch of economics that studies developing countries. While there is no generally accepted definition of "developing countries," the expression refers to relatively poor countries-or countries where standards of living are relatively low on average.  This class serves as an introduction to the field of Development Economics.  Development Economics is a very broad field, covering everything from Agriculture to Trade with poverty, inequality, gender, finance, environment, labor, education, health, and nutrition in between.  Knowledge of Principles of Microeconomics (ECON 101) is required. Knowledge of basic regression analysis will be helpful.

       The structure for this class will remain the same as the topics change.  A typical week will involve reading 1 or 2 chapters from the text in preparation for Tuesday’s class.  Class time on Tuesday will be reserved for answering any questions you may have pertaining to the day’s assigned reading.  If there are no questions, then I will assume you understand everything from the chapter and I will move on with a lecture of my choosing.  We will start Thursday's class with a short quiz.  The quiz will cover material from Tuesday’s assigned reading(s).  We will finish each Thursday with a discussion of the assigned reading for that day, which will usually be an article related to the chapter material. In order to prepare for Thursday's discussion you will need to comment on the class blog before class. I will post an article related to the assigned reading and you will be expected to read this short article and comment on its relationship to the assigned reading.

  The Class Blog - http://generaldevelopment.blogspot.com/

  In addition to learning in this class, we will also be doing.  Our collective objective will be to start our own development initiative – appropriately named -  General Development Initiative.  We will learn about microfinance and we will do microfinance.  You will have the opportunity to partake in one of the following three activities - (1) Develop a proposal for a funding agency, (2) raise capital for the fund, or (3) develop a client list with justification based on appropriate theories of development. 

 A General doing Microfinance - http://www.1000hillsandariver.com/

http://www.mcenterprises.org/studycenter/microfinance/


Readings:

(1)  Todaro and Smith (T&S) Economic Development.  9th ed. http://www.aw-bc.com/todaro/

(2) Sen, Amartya.  1999.  Development as Freedom.  Random House.

(3) Selected Online Reading Assignments


Requirements

20% of your grade will be based on the microfinance project 
50% of your grade will be based on two exams.
10% on blogging
20% of your grade will be based on weekly quizzes.

Course Schedule:

Date

Format

Theme

Assignment for the day

Due

Thursday 9/10

Introduction, course overview

Poverty

http://www.nytimes.com/interactive/2009/08/20/magazine/kristof-audioss/index.html

 

 

 

 

http://www.mcenterprises.org/studycenter/microfinance/

 

 

Tuesday 9/15

Answer Questions/Lecture

Poverty

T&S 1 and 2

 

Thursday 9/17

Quiz, Discussion

Poverty

development06_files\economiclivesofpoor.pdf

 

 

 

 

 

 

Tuesday              9/22

Answer Questions/Lecture

Women

T&S 5

 

Thursday 9/24

Discussion

Women

http://ezproxy.wlu.edu:2185/cgi/reprint/22/2/271

 

 

 

 

 

 

 

Tuesday 9/29

Answer Questions/Lecture

Theory 

T&S 3 and 3.1

 

Thursday 10/01

NO CLASS

 

 

 

 

 

 

 

 

Tuesday              10/6

Answer Questions/Lecture

Theory

T&S 4

 

Thursday 10/8

Quiz, Discussion

Theory

http://web.mit.edu/krugman/www/dishpan.html

 

 

 

 

 

 

Tuesday 10/13

Answer Questions/Lecture

Finance

 

Interest Rates in the North and Capital Flows to the   South: Is There a Missing Link?

 

Thursday 10/15

READING DAY

Finance

 

 

 

 

 

 

 

Tuesday 10/20

Lecture/Discussion

 

T&S 16 , Sen 1 and 2, exam review

 

Thursday 10/22

EXAM

 

EXAM

 

 

 

 

 

 

Tuesday 10/27

Answer Questions/Lecture

Employment

Migration

T&S 7

 

 

Thursday 10/29

Quiz, Discussion

Employment

Migration

Child Labor

 

 ---------

 ----------

------------

 ------------------------------------------------------------

 

 ----------

Tuesday 11/3

Answer Questions/Lecture

Human Capital

T&S 6 and 8

T&S 7

 meet for the full two hours

Thursday 11/5

Quiz, Discussion

Human Capital

 

 meet for the full two hours

 

 

 

 

 

Tuesday 11/10

Answer Questions/Lecture

and

DIscussion

 

Chapter 8 and

- development06_files\SchultzNobelLecture.pdf

Child Labor

sachs.pdf

 You may ask questions about ch.8 then I will move on to the papers

Thursday 11/12

QUiz on ch.8, Discussion

Agriculture

T&S 9

 

 

 

 

 

 

Tuesday              11/17

Answer Questions/Lecture

Sustainability

T&S 10  and T&S 9

 

Thursday 11/19

Quiz on ch. 10, Discussion

Sustainability

 fueltaxcostarica.pdf

 

 

 

 

 

 

Tuesday 11/24

GOBBLE

 

Happy Thanksgiving

 

Thursday 11/26

GOBBLE

 

Happy Thanksgiving

 

 

 

 

 

 

Tuesday 12/1

Answer Questions/Lecture

 

TBA

 

Thursday 12/3

Answer Questions/Lecture

 

 TBA

 

 

 

 

 

 

Tuesday 12/8

Presentations

 

Groups 1 and 3

 

Thursday 12/10

Presentations

 

 Group 2 and review for the final exam

 

 

 

 

 Take Home Exam.

 

 

Grading:

Grade

A

A-

B+

B

B-

C+

C

C-

D+

D

D-

F

Points

92.5

90.0

87.5

82.5

80.0

77.5

72.5

70.0

67.5

62.5

60.0

<60.00

This is directly from the course catalogue

GRADES

Grading Scheme

A+, A, A- Superior

B+, B, B- Good

C +, C, C- Fair

D +, D, D- (Marginal)

E (Conditional Failure)

F (Failure)

 


 http://faculty.oxy.edu/gsecondi//dev.html#Economists

              The Economic and Social Burden of Malaria.ppt