Jorge G. Gonzalez 2:30 - 3:45 MW CGC 104 Office: CGC N422 Phone: 736 - 7224 E-Mail: Jgonzal1@trinity.edu Web: www.trinity.edu/jgonzal1
Office Hrs: Tuesday 3:35 - 4:35 Wednesday 10:00 - 12:00 1:30 - 3:30 Thursday 3:35 - 4:35 And by appointment These office hours are designed to help you throughout the whole term. Please do not wait until the end of the term to use them. This course will be taught by Professor Salvucci and by Professor Gonzalez. Professor Gonzalez will teach from August 29 to October 17, while Professor Salvucci will teach from October 22 to December 10. This syllabus refers to the section of the course taught by Professor Gonzalez.
These office hours are designed to help you throughout the whole term. Please do not wait until the end of the term to use them.
This course will be taught by Professor Salvucci and by Professor Gonzalez. Professor Gonzalez will teach from August 29 to October 17, while Professor Salvucci will teach from October 22 to December 10. This syllabus refers to the section of the course taught by Professor Gonzalez.
The purpose of this section of the class is to give you an analytical framework that can be used to study economic development. Most countries in the world face important developing dilemmas and over three-fourths of the earth's population live in poverty. This class will study some of the pressing issues that these people face and it will evaluate different policies that have been used to deal with their problems.
PREREQUISITES: Economics 311 and 312. This course will make extensive use of economic tools. If you had Economics 311 and 312 some time ago, or you do not remember the material well, I strongly suggest that you review your notes from those classes. TEXT: Required: Todaro, Michael P., Economic Development, Sixth Edition, 1997. Recommended: Wall Street Journal. Additional readings will be put on reserve at the library or handed out in class. COURSE REQUIREMENTS: Exam 1 (Thursday, October 17) = 500 points Take-home Assignments = 400 points Class Participation = 100 points The take-home assignments will consist of problems sets that will be graded and several class assignments in the form of readings or problems to be done at home but that will not be handed in. Class participation is strongly encouraged. Class participation is not only 10% of your grade but also decisions on borderline grades will take into consideration the class participation of the student during the term. Although class attendance is not directly represented as part of your grade, if you are absent from class you will miss points from class assignments and class participation and this will be reflected in your grade. There will be no make-up exams. Problem sets are due at the beginning of the stated class period. Under no circumstances will problem sets be accepted late. GRADING SCALE: (For this part of the course) Total Points Grade 950 - 1000 A 900 - 949 A- 870 - 899 B+ 830 - 869 B 800 - 829 B- 770 - 799 C+ 730 - 769 C 700 - 729 C- 650 - 699 D+ 600 - 649 D Less than 600 F COURSE GRADE: The final grade for the course will be computed by finding the average between the grades obtained in the first part of the course with Professor Gonzalez (computed as detailed above) and in the second part with Professor Salvucci.
TEXT: Required: Todaro, Michael P., Economic Development, Sixth Edition, 1997. Recommended: Wall Street Journal. Additional readings will be put on reserve at the library or handed out in class. COURSE REQUIREMENTS: Exam 1 (Thursday, October 17) = 500 points Take-home Assignments = 400 points Class Participation = 100 points The take-home assignments will consist of problems sets that will be graded and several class assignments in the form of readings or problems to be done at home but that will not be handed in. Class participation is strongly encouraged. Class participation is not only 10% of your grade but also decisions on borderline grades will take into consideration the class participation of the student during the term. Although class attendance is not directly represented as part of your grade, if you are absent from class you will miss points from class assignments and class participation and this will be reflected in your grade. There will be no make-up exams. Problem sets are due at the beginning of the stated class period. Under no circumstances will problem sets be accepted late. GRADING SCALE: (For this part of the course) Total Points Grade 950 - 1000 A 900 - 949 A- 870 - 899 B+ 830 - 869 B 800 - 829 B- 770 - 799 C+ 730 - 769 C 700 - 729 C- 650 - 699 D+ 600 - 649 D Less than 600 F COURSE GRADE: The final grade for the course will be computed by finding the average between the grades obtained in the first part of the course with Professor Gonzalez (computed as detailed above) and in the second part with Professor Salvucci.
Required: Todaro, Michael P., Economic Development, Sixth Edition, 1997.
Recommended: Wall Street Journal.
Additional readings will be put on reserve at the library or handed out in class.
COURSE REQUIREMENTS: Exam 1 (Thursday, October 17) = 500 points Take-home Assignments = 400 points Class Participation = 100 points The take-home assignments will consist of problems sets that will be graded and several class assignments in the form of readings or problems to be done at home but that will not be handed in. Class participation is strongly encouraged. Class participation is not only 10% of your grade but also decisions on borderline grades will take into consideration the class participation of the student during the term. Although class attendance is not directly represented as part of your grade, if you are absent from class you will miss points from class assignments and class participation and this will be reflected in your grade. There will be no make-up exams. Problem sets are due at the beginning of the stated class period. Under no circumstances will problem sets be accepted late. GRADING SCALE: (For this part of the course) Total Points Grade 950 - 1000 A 900 - 949 A- 870 - 899 B+ 830 - 869 B 800 - 829 B- 770 - 799 C+ 730 - 769 C 700 - 729 C- 650 - 699 D+ 600 - 649 D Less than 600 F COURSE GRADE: The final grade for the course will be computed by finding the average between the grades obtained in the first part of the course with Professor Gonzalez (computed as detailed above) and in the second part with Professor Salvucci.
The take-home assignments will consist of problems sets that will be graded and several class assignments in the form of readings or problems to be done at home but that will not be handed in.
Class participation is strongly encouraged. Class participation is not only 10% of your grade but also decisions on borderline grades will take into consideration the class participation of the student during the term.
Although class attendance is not directly represented as part of your grade, if you are absent from class you will miss points from class assignments and class participation and this will be reflected in your grade.
There will be no make-up exams.
Problem sets are due at the beginning of the stated class period. Under no circumstances will problem sets be accepted late.
GRADING SCALE: (For this part of the course) Total Points Grade 950 - 1000 A 900 - 949 A- 870 - 899 B+ 830 - 869 B 800 - 829 B- 770 - 799 C+ 730 - 769 C 700 - 729 C- 650 - 699 D+ 600 - 649 D Less than 600 F COURSE GRADE: The final grade for the course will be computed by finding the average between the grades obtained in the first part of the course with Professor Gonzalez (computed as detailed above) and in the second part with Professor Salvucci.
COURSE GRADE: The final grade for the course will be computed by finding the average between the grades obtained in the first part of the course with Professor Gonzalez (computed as detailed above) and in the second part with Professor Salvucci.
COURSE OUTLINE: I. ECONOMIC DEVELOPMENT a) The Relevance of Conventional Economic Theory Todaro Chapter 1. Goulet, D., "The Shock of Underdevelopment," in M.P. Todaro, ed., The Struggle For Economic Development, Readings in Problems and Policies, First Edition, New York: Longman Inc., 1983, pp. 3-9. b) The Meaning and Measurement of "Less Developed" Todaro Chapter 2. Meier, G., "What is Economic Development?-Note" in G.M. Meier, ed., Leading Issues in Economic Development, Sixth Edition, New York: Oxford University Press, 1995, pp. 7-12. Stern, N., "Measurement of Key Indicators," in Meier, pp. 13-19. World Bank, "Burden of Poverty," in Meier, pp. 25-28. Meier, G., "Why Does Absolute Poverty Persist?-Note" in Meier, pp. 28-30. Landes, D.S., "Why Are We So Rich and They So Poor?," The American Economic Review, Vol. 80, No. 2, May 1990, pp. 1-13. Sen, A., "The Economics of Life and Death," Scientific American, May 1993, pp. 40-47. II. MODELS OF DEVELOPMENT AND GROWTH Todaro Chapter 3 and pp. 280-287. Meier, G., "Sequence of Stages-Note" and "Evolution of Development Economics-Note," in Meier, pp. 69-72 and 86-90. Gould, D., and R. Ruffin, "What Determines Economic Growth?," Economic Review, Federal Reserve Bank of Dallas, Second Quarter 1993, pp. 25-40. Todaro Chapter 4. Kuznets, S., "Modern Economic Growth: Findings and Reflections," The American Economic Review, Vol. 63, No. 3, June 1973, pp. 247-258. Summers, L., and V. Thomas, "Recent Lessons of Development," The World Bank Research Observer, Vol. 8, No. 2, July 1993, pp. 241-254. Grant, J.P., "Jumpstarting Development," Foreign Policy, No. 91, Summer 1993, pp. 124-137. III. INCOME DISTRIBUTION AND GROWTH Todaro Chapter 5. Meier, G., "Comment: Lorenz Curve and Gini Coefficient," "Comment: Inverted-U Hypothesis of Inequality," and "Comment: Inequality and Growth" in Meier, pp. 17-23. Ahluwalia, M., and H. Chenery, "Distributional Weights," in Meier, pp. 23-24. IV. THE POPULATION AND EMPLOYMENT PROBLEMS (Time Permitting) Todaro Chapters 6 and 7.
I. ECONOMIC DEVELOPMENT
a) The Relevance of Conventional Economic Theory
Todaro Chapter 1.
Goulet, D., "The Shock of Underdevelopment," in M.P. Todaro, ed., The Struggle For Economic Development, Readings in Problems and Policies, First Edition, New York: Longman Inc., 1983, pp. 3-9.
b) The Meaning and Measurement of "Less Developed"
Todaro Chapter 2.
Meier, G., "What is Economic Development?-Note" in G.M. Meier, ed., Leading Issues in Economic Development, Sixth Edition, New York: Oxford University Press, 1995, pp. 7-12.
Stern, N., "Measurement of Key Indicators," in Meier, pp. 13-19.
World Bank, "Burden of Poverty," in Meier, pp. 25-28.
Meier, G., "Why Does Absolute Poverty Persist?-Note" in Meier, pp. 28-30.
Landes, D.S., "Why Are We So Rich and They So Poor?," The American Economic Review, Vol. 80, No. 2, May 1990, pp. 1-13.
Sen, A., "The Economics of Life and Death," Scientific American, May 1993, pp. 40-47.
Todaro Chapter 3 and pp. 280-287.
Meier, G., "Sequence of Stages-Note" and "Evolution of Development Economics-Note," in Meier, pp. 69-72 and 86-90.
Gould, D., and R. Ruffin, "What Determines Economic Growth?," Economic Review, Federal Reserve Bank of Dallas, Second Quarter 1993, pp. 25-40.
Todaro Chapter 4.
Kuznets, S., "Modern Economic Growth: Findings and Reflections," The American Economic Review, Vol. 63, No. 3, June 1973, pp. 247-258.
Summers, L., and V. Thomas, "Recent Lessons of Development," The World Bank Research Observer, Vol. 8, No. 2, July 1993, pp. 241-254.
Grant, J.P., "Jumpstarting Development," Foreign Policy, No. 91, Summer 1993, pp. 124-137.
Todaro Chapter 5.
Meier, G., "Comment: Lorenz Curve and Gini Coefficient," "Comment: Inverted-U Hypothesis of Inequality," and "Comment: Inequality and Growth" in Meier, pp. 17-23.
Ahluwalia, M., and H. Chenery, "Distributional Weights," in Meier, pp. 23-24.
Todaro Chapters 6 and 7.
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