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Development Economics 01:220:439 Rutgers University, Professor Ira N. Gang, Email: gang at rutgers.edu Include 439 in the subject line Lecture Schedule, Exam Dates, Readings, Problems, There is no warranty on the dates, order or topics. Office Hours : Tuesday 2:50PM - 4:10PM NJH 203 (CAC) or by appointment Prerequisites: Intermediate Microeconomics, Intermediate Macroeconomics, Econometrics |
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| Tuesdays and Thursdays 4:30 - 5:50PM Murray 211 |
Lecture Schedule, Exam Dates, Readings, Problems, There is no warranty on the dates, order or topics. Please read the Syllabus Webpage: Text vs. No Text, which includes How to Approach the Material in this Course. No text or other purchases are required for this class. Everything is online except where preceded by an * |
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| Required Elements 3 Exams, Lectures, Materials under Resources-->Handouts on Sakai. Also, Reviews on Sakai. Important: I will not be posting the lecture slides. I will be posting the Reviews generally before the lectures and suggest you review them prior to the lectures and add to them duirng the lectures. The Reviews are designed to highlight the main points, and will offer a good picture when combined with your class notes and other material in Handouts. Some of the Reviews contain worked problems. Do not take pictures of the lecture slides. If this happens I will turn off the projector and continue verbally. |
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| PART ONE | DEVELOPMENT ECONOMICS PERSPECTIVES | 1 |
| Tuesday 03 Sept Class #1 |
Objectives: Introduction. What is development economics? Readings: [1_BEG] Chapters: Introduction and 1, 2, 3, 4. 5, 6 Glossary [4_Ray - Development Economics, Palgrave article] *deJanvry & Sadoulet, Preface, Ch. 1 (pp. 13-26) *deJanvry & Sadoulet, Ch. 3, (pp. 129-143)Review: Math Review http://www.mathcentre.ac.uk Explore: 5_Global Development Network Website Handouts for Development Economics Quickly: 001PovertyTrapExample |
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| Thursday 05 Sept Class #2 |
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| Tuesday 10 Sept Class #3 |
Objectives: Growth. Capital fundamentalism. immiserizing growth. National income accounting, purchasing power parity. Readings: [1_BEG] Chapters: 7, 8 , 9, 10. [11_Big Mac Index][11_1_GDPtrouble-Eco][11_2_DeatonSummary] [12_OECD-PPP FAQ] [6_Solow-Swan Growth] [7_Harrod-Domar Growth] [H28_SomeNotes 1] *deJanvry
& Sadoulet, Ch. 8 and Appendix 8.1; Ch. 2 (pp. 79-87). |
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| Thursday 12 Sept Class #4 |
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| Tuesday 17 Sept Class #5 |
Objectives: Models of Economic Growth. Harrod-Domar, Solow-Swan, "New" Readings: [1_BEG] Chapters: 11, 12, 13, 14; [8_Romer] *deJanvry & Sadoulet, Ch. 9. |
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| Thursday 19 Sept Class #6 |
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| Tuesday 24 Sept Class #7 |
Objectives: Models of Economic Growth. Dualism, Lewis, Surplus Labor, Overview of "modern" development economics. Readings: [9_Thorbecke] [10_Fields] [1_BEG] Chapters: 15, 16, 17, Appendices [H29_SomeNotes 2] [76_New Green Revolution] [10_1_SadouletImpactEvaluation] [10_2_Blattman] [10_3_StataCausality] |
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| Thursday 26 Sept Class #8 |
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| Tuesday 01 Oct Class #9 NO CLASS MEETING |
Watch Video: Amartya K. Sen on Development Research the Last Thirty Years; see SAKAI-->Resources-->Videos Watch Video: Joseph Stiglitz on the State of the Market; see SAKAI-->Resources-->Videos |
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| Thursday 03 Oct Class #10 |
FIRST EXAM: Everything we have done so far, review relevant sample exam questions, Reviews, Handouts. | |
| PART TWO | MEASUREMENT | 2 |
| Tuesday 08 Oct Class #11 |
Objectives: Measuring Development. Readings: [71_Economist: Boundary Problems] [13_Development Game - think about] *deJanvry & Sadoulet, Ch. 2 (pp. 37-73); Ch. 5; Ch. 6; Ch. 7 (pp. 248-254) Handout: Print out and bring to class H30a_Income Distribution Exercises. 004b Handout Additional Measurement Notes |
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| Thursday 10 Oct Class #12 |
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| Tuesday 15 Oct Class #13 NO CLASS MEETING |
Watch Video: HansRosling on the Washing
Machine;
see SAKAI-->Resources-->Videos Watch Video: Angus Deaton, Nobel Laureate, on Measuring and understanding behavior, welfare and poverty; see SAKAI-->Resources-->Videos Review Development Game: [13_Development Game] |
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| Thursday 17 Oct Class #14 Please note: this is an exam date in Education Economics 438. |
Objectives: Measuring Development. Poverty and Inequality. Readings: [74_UN-Poverty Handbook] Chapters 2, 3 [H31_SomeNotes 4], Economist-73_MultiDimensionalPovertyMeasures |
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| Tuesday 22 Oct Class #15 NO CLASS MEETING |
Watch Video: Angus Deaton, Nobel Laureate, Subjective Well-Being and Policy: Interview |
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| Thursday 24 Oct Class #16 |
Objectives: Measuring Development. Poverty and Inequality Axioms. Readings: [15_Licthfield] [H32_SomeNotes 5F] [34_TP2003_4 Poverty and inequality Measures] |
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| Tuesday 29 Oct Class #17 |
Objectives: Measuring Development. Poverty and Inequality Axioms. Readings: [H32a_SomeNotes5a] |
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| Thursday 31 Oct Class #18 |
Objectives: Literacy. Links between poverty, inequality and output, Kuznets Inverted U. Does inequality matter? Readings: [16_Basu, Foster, Subramanian] [H36_Some Notes 6] [72_Poverty: Not Always With Us] [17_Ferreira] *deJanvry & Sadoulet, Ch. 7 (pp. 255-279). |
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| Tuesday 05 Nov Class #19 |
Objectives: Poverty, Inequality and Growth. Readings: 4_Ray - Development Economics, Palgrave article |
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| Thursday 07 Nov Class #20 |
Catch-up or Move-on |
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Tuesday 12 Nov Class #21 Please note: this is an exam date in Education Economics 438. |
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| Thursday 14 Nov Class #22 |
SECOND EXAM: Everything
we have done so far, review relevant sample exam questions,
Reviews, Handouts.tc. Emphasis on material not covered in the first
exam. |
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| PART THREE | TOPICS (subject to change) | 3 |
| Tuesday 19 Nov Class #23 |
Objectives: Impact evaluation
*deJanvry & Sadoulet, Ch. 4; Ch. 14. |
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| Thursday 21 Nov Class #24 |
Objectives: Famines and government failure. Readings: [18_Devereux] [19_Sen] [39_Imai] [19_5_IsEraOfGreatFaminesOver?] Short video: Drought and Famine Craseh Course World History #208; see SAKAI-->Resources--Videos Handout: H90_PostingTopics-Slides on various issues under TOPICS |
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| Tuesday 26 Nov
Class #25 |
Objectives: Population. Malthus. Mortality. Fertility. Household models. Readings: [20_Economist 23Dec1999] [21_Economist-12Aug2009] [35_Bangladesh_ Out of the basket] [36_Bangladesh and development] *deJanvry & Sadoulet, Ch. 11 Objectives: Rural Markets - complications of missing Markets for risk, Sharecropping, Microfinance Readings: [22_Mashall diagram][38_Ghalib_Microfinance & Poverty] Short video: https://stream.manchester.ac.uk/Play.aspx?VideoId=30586 |
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| Thursday 28 Nov NO CLASS MEETING |
Thanksgiving |
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| Tuesday 03 Dec Class #26 |
Objectives: Rural Markets - complications of missing Markets for risk, Sharecropping, Microfinance Readings: [22_Mashall diagram][38_Ghalib_Microfinance & Poverty] |
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| Thursday 05 Dec Class #27 |
Objectives: Rural Markets - complications of missing Markets for risk, Sharecropping, Microfinance Readings: H53_What is Micro-Credit, H50_LandTenancy [77_Small Band of Women] *deJanvry & Sadoulet, Ch. 13,18, 20, 22 |
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| Tuesday 10 Dec Class #28 |
Objectives: Labor Markets, Migration, Outsourcing, Brain Drain, Remittances. Readings: [37_Banks] [23_MPI] *deJanvry & Sadoulet, Ch. 12. |
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| As Time Permits | Objectives: Planning, Industrial Policy, Choice of Techniques, Infant Industry. *deJanvry & Sadoulet, Ch. 3 (skim); Ch. 21. | |
| As Time Permits | Objectives: Education, Trade, Aid, Standards, Environment. Readings: [24_EnvKuzCur] [40_Manoj Roy] [75_WhoPrefersCashTransfers?] *deJanvry & Sadoulet, Ch. 17, Ch. 19 |
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| Friday 20 December 8:00AM to 11:00AM |
FINAL EXAM: Comprehensive. It will cover the entire semester's work, emphasizing material that was not covered on the previous two exams. | |