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Economics 172 Issues in African Economic Development

Economics 172 Issues in African Economic Development. Lecture 2 January 19, 2006. Lecture 2: Course Information Reminder. Lecturer: Prof. Ted Miguel Email: emiguel@econ.berkeley.edu Office hours: Mondays 9-11:30am, Evans 647 GSIs: John Bellows ( jbellows@econ.berkeley.edu )

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Economics 172 Issues in African Economic Development

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  1. Economics 172Issues in African Economic Development Lecture 2 January 19, 2006

  2. Lecture 2: Course Information Reminder • Lecturer: Prof. Ted Miguel Email: emiguel@econ.berkeley.edu Office hours: Mondays 9-11:30am, Evans 647 • GSIs: John Bellows (jbellows@econ.berkeley.edu) Jessica Leino (leino@econ.berkeley.edu) • Enrollment issues: Desiree Schaan, GSI Coordinator (dschaan@econ.berkeley.edu), Evans 508-2 Economics 172: Lecture 2

  3. Reading packets at Bancroft Copy Central • Syllabus and other course information online Economics 172: Lecture 2

  4. Patterns of Global Economic Development • Of the four Sub-Saharan Africa has had by far the worst economic performance since 1975 • Africa has the lowest income, worst health measures, worst physical infrastructure, most political violence … Economics 172: Lecture 2

  5. Patterns of Global Economic Development • Of the four Sub-Saharan Africa has had by far the worst economic performance since 1975 • Africa has the lowest income, worst health measures, worst physical infrastructure, most political violence … • Africa has also had negative per capita economic growth (on average -1%) since 1975 • The goal of this course is to understand why Africa is so poor and what can be done about it Economics 172: Lecture 2

  6. Inputs into economic production • Physical capital (K): factories, tractors, infrastructure Economics 172: Lecture 2

  7. Inputs into economic production • Physical capital (K): factories, tractors, infrastructure • Human capital (H): education, health Economics 172: Lecture 2

  8. Inputs into economic production • Physical capital (K): factories, tractors, infrastructure • Human capital (H): education, health • Technology, broadly defined (A): production processes, government institutions, social structures Economics 172: Lecture 2

  9. Course Outline: Part I • Health and development Economics 172: Lecture 2

  10. Course Outline: Part I • Health and development • Geography Economics 172: Lecture 2

  11. Course Outline: Part I • Health and development • Geography • Education Economics 172: Lecture 2

  12. Course Outline: Part I • Health and development • Geography • Education • Saving and investment Economics 172: Lecture 2

  13. Causal impacts Low A, H, K  Poverty Economics 172: Lecture 2

  14. Causal impacts Deeper factors?  Low A, H, K  Poverty Economics 172: Lecture 2

  15. Course Outline: Part II • Historical legacies Economics 172: Lecture 2

  16. Course Outline: Part II • Historical legacies • Ethnic and social divisions Economics 172: Lecture 2

  17. Course Outline: Part II • Historical legacies • Ethnic and social divisions • Violence and war Economics 172: Lecture 2

  18. Course Outline: Part II • Historical legacies • Ethnic and social divisions • Violence and war • Democracy and accountability Economics 172: Lecture 2

  19. The Solow Model of Economic Growth Economics 172: Lecture 2

  20. The Solow Model of Economic Growth Economics 172: Lecture 2

  21. Economics 172: Lecture 2

  22. For next time: Read Week 1 and Week 2 articles, especially Easterly (2001) Economics 172: Lecture 2

  23. Whiteboard #1 Economics 172: Lecture 2

  24. Whiteboard #2 Economics 172: Lecture 2

  25. Whiteboard #3 Economics 172: Lecture 2

  26. Whiteboard #4 Economics 172: Lecture 2

  27. Whiteboard #5 Economics 172: Lecture 2

  28. Map of Africa Economics 172: Lecture 2

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