Development Economics 01:220:439 A1 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 :  Wednesday starting 2:00PM NJH 203 (CAC) or by appointment Prerequisites: Intermediate Microeconomics, Intermediate Macroeconomics, Econometrics
10:00 AM - 12:55 SC-205	Section A1 Dates: 05/30/2017 - 06/23/2017 No text or other purchases are required for this class. Everything is online.	LG
PART ONE	DEVELOPMENT ECONOMICS QUICKLY	1
Tuesday 30 May Day 1	Objectives:  Introduction. Readings: [1_BEG] Chapters: Introduction and 1, 2, 3, 4. 5, 6 Glossary  [4_Ray - Development Economics, Palgrave article] Review:  Math Review  http://www.mathcentre.ac.uk Explore: 5_Global Development Network Website
Day 1	Objectives: Growth. Capital fundamentalism. immiserizing growth. Readings:  [1_BEG] Chapters:  7, 8 , 9, 10. [6_Solow-Swan Growth]  [7_Harrod-DoOct Growth] [H28_SomeNotes 1] Please review the Neo-Classical Growth Model  and the New Growth Model from Intermediate Macro.
Wednesday 31 May Day 2:  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 Watch Video: HansRosling on the Washing Machine; see SAKAI-->Resources-->Videos
Thursday 01 June Day 3:  No class meeting	Watch Video: Angus Deaton, Nobel Laureate, on Measuring and understanding behavior, welfare and poverty; see SAKAI-->Resources-->Videos Watch Video: Angus Deaton, Nobel Laureate, Subjective Well-Being and Policy: Interview Short video: https://stream.manchester.ac.uk/Play.aspx?VideoId=30586 Short video: Drought and Famine Craseh Course World History #208; see SAKAI-->Resources--Videos
Monday 05 June Day 4	Objectives: Models of Economic Growth.  Harrod-DoOct, Solow-Swan, "New" Readings:  [1_BEG] Chapters:  11, 12, 13, 14; [8_Romer]
Day 4	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]
PART TWO	MEASUREMENT	2
Tuesday 06 June Day 5	Objectives: Measuring Development. Output, purchasing power parity. Readings:  [71_Economist: Boundary Problems] [11_Big Mac Index][11_1_GDPtrouble-Eco][11_2_DeatonSummary] [12_OECD-PPP FAQ] [13_Development Game - think about]H30_SomeNotes 3]
Day 5	Objectives: Measuring Development. Output, purchasing power parity. Handout: Print out and bring to class H30a_Income Distribution Exercises.
Wednesday 07 June Day 6	Objectives:  Measuring Development. Poverty and Inequality. Readings:    [74_UN-Poverty Handbook] Chapters 2, 3  [H31_SomeNotes 4], Economist-73_MultiDimensionalPovertyMeasures
Day 6	Objectives: Measuring Development.  Poverty and Inequality Axioms. Readings:   [15_Licthfield] [H32_SomeNotes 5] [34_TP2003_4 Poverty and inequality Measures]
Thursday 08 June Day 7	Objectives: Measuring Development.  Poverty and Inequality Axioms. Readings: [H32a_SomeNotes5a]
Day 7	Objectives: Literacy. Links between poverty, inequality and output, Kuznets Inverted U. Readings:   [16_Basu, Foster, Subramanian] [H36_Some Notes 6]  [72_Poverty: Not Always With Us]
Monday 12 June Day 8	FIRST EXAM: Everything we have done so far, all the readings above, relevant sample exam questions.
Day 8	Objectives:  Does inequality matter? Readings:  [17_Ferreira]
Tuesday 13 June Day 9	Objectives: Poverty, Inequality and Growth. Readings: 4_Ray - Development Economics, Palgrave article
PART THREE	TOPICS (subject to change)	3
Day 9	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
Wednesday 14 June Day 10	Objectives:  Population. Malthus. Mortality. Fertility. Household models. Readings:   [20_Economist 23Dec1999] [21_Economist-12Aug2009] [35_Bangladesh_ Out of the basket] [36_Bangladesh and development]
Day 10	Catch-up, if needed
Thursday 15 June Day 11	Objectives:  Population. Malthus. Mortality. Fertility. Household models
Day 11	Objectives:  Rural Markets - complications of missing Octkets for risk, Sharecropping, Microfinance Readings: [22_Mashall diagram][38_Ghalib_Microfinance & Poverty]
Monday 19 June Day 12	Objectives:  Rural Markets - complications of missing Markets for risk, Sharecropping, Microfinance Readings: H53_What is Micro-Credit, H50_LandTenancy [77_Small Band of Women]
Day 12	Objectives:  Labor Markets, Migration, Outsourcing, Brain Drain, Remittances. Readings:  [37_Banks]  [23_MPI]
Tuesday  20 June Day 13	Objectives:  Labor Markets, Migration, Outsourcing, Brain Drain, Remittances. Readings:  [37_Banks]  [23_MPI]
Day 13	Objectives:  Planning, Industrial Policy, Choice of Techniques, Infant Industry.
Wednesday 21 June Day 14	Objectives:  Trade, Aid, Standards, Environment. Readings:  [24_EnvKuzCur] [40_Manoj Roy] [75_WhoPrefersCashTransfers?]
Day 14	Catch up.
Thursday 22 June Day 15	FINAL EXAM: Comprehensive.  It will cover the entire semester's work,  Review sample exam questions.