Monday, April 29, 2019

Monday April 29

New Concepts
  • Strategies to help Increase Economic Development
    • Trade and protectionist strategies
    • Foreign Direct Investment
    • Aid
Resources:
  • Power Point - Strategies
  • List of Developing Countries

  • Names with countries of choice - If you haven't picked a country yet, look at the list and fill in your choice next to your name

    Power Point - Characteristics of Developing Countries
            Also includes Diversity among Developing Countries and the Millennial Goals

    UN Website - Millennial Development Goals

    UN Website - Data Reports

    CIA World Factbook
  • Homework:

    LDC Report

    You will be creating an ongoing visual presentation of your LDC
    Using your selected LDC...

    • Determine the characteristics that your LDC displays
      • Data breakdown
        • Population growth rate (Birth Rate)
        • Dependency Ratio
        • Unemployment data
        • Health indicators
        • Education Indicators
        • GDP, GNI and PPP
    • Give a breakdown of your LDC's diversity
      • Resources
      • Historical background
      • Geography and demographics
      • Ethnicity and Race
      • Structure of Industry (Jobs)
      • Per Capita Income levels
      • Political structures
    • Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
    • Use both single and composite measurements of development to analyze your LDC
      • Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
    • Create a Lorenz Curve for your LDC
    • Analyze your LDC's capability of economic development
      • domestic barriers of development
      • international barriers of development
      • What does your country need to help them reach the 17 Sustainable Development Goals?
    • Evaluate possible solutions that could help create economic development in your LDC

Wednesday, April 24, 2019

Wednesday April 24

New Concepts:

  • Measuring Economic Development
    • Single Indicators
      • Financial
      • Health
      • Education
    • Composite Indicators
      • HDI
      • Other Composite Indicators

Resources:

Power Point - Measuring Development

Understanding Purchasing Power Parity

Interactive Big Mac Index - The Economist

Power Point - Characteristics of Developing Countries
        Also includes Diversity among Developing Countries and the Millennial Goals

UN Website - Sustainable Development Goals

UN Website - Data Reports



CIA World Factbook

Homework:
You will be creating an ongoing visual presentation of your LDC
Using your selected LDC...

  • Determine the characteristics that your LDC displays
    • Data breakdown
      • Population growth rate (Birth Rate)
      • Dependency Ratio
      • Unemployment data
      • Health indicators
      • Education Indicators
      • GDP, GNI and PPP
  • Give a breakdown of your LDC's diversity
    • Resources
    • Historical background
    • Geography and demographics
    • Ethnicity and Race
    • Structure of Industry (Jobs)
    • Per Capita Income levels
    • Political structures
  • Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
  • Use both single and composite measurements of development to analyze your LDC
    • Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
  • Create a Lorenz Curve for your LDC
  • Analyze your LDC's capability of economic development
    • domestic barriers of development
    • international barriers of development
    • What does your country need to help them reach the 17 Sustainable Development Goals?
  • Evaluate possible solutions that could help create economic development in your LDC

Tuesday, April 23, 2019

Tuesday April 23

New Concepts:

  • Measuring Economic Development
    • Single Indicators
      • Financial
      • Health
      • Education
    • Composite Indicators
      • HDI
      • Other Composite Indicators

Resources:

Power Point - Measuring Development

Understanding Purchasing Power Parity

Interactive Big Mac Index - The Economist

Power Point - Characteristics of Developing Countries
        Also includes Diversity among Developing Countries and the Millennial Goals

UN Website - Sustainable Development Goals

UN Website - Data Reports



CIA World Factbook

Homework:
You will be creating an ongoing visual presentation of your LDC
Using your selected LDC...

  • Determine the characteristics that your LDC displays
    • Data breakdown
      • Population growth rate (Birth Rate)
      • Dependency Ratio
      • Unemployment data
      • Health indicators
      • Education Indicators
      • GDP, GNI and PPP
  • Give a breakdown of your LDC's diversity
    • Resources
    • Historical background
    • Geography and demographics
    • Ethnicity and Race
    • Structure of Industry (Jobs)
    • Per Capita Income levels
    • Political structures
  • Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
  • Use both single and composite measurements of development to analyze your LDC
    • Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
  • Create a Lorenz Curve for your LDC
  • Analyze your LDC's capability of economic development
    • domestic barriers of development
    • international barriers of development
    • What does your country need to help them reach the 17 Sustainable Development Goals?
  • Evaluate possible solutions that could help create economic development in your LDC

Thursday, April 18, 2019

Wednesday, April 17, 2019

Tuesday April 16

New Concepts:
  • Distinguish between economic growth and economic development
    • What makes countries wealthy?
  • Common characteristics of developing countries
  • Diversity between developing countries
Resources:
List of Developing Countries

Names with countries of choice - If you haven't picked a country yet, look at the list and fill in your choice next to your name

Power Point - Characteristics of Developing Countries
        Also includes Diversity among Developing Countries and the Millennial Goals

UN Website - Millennial Development Goals

UN Website - Data Reports

CIA World Factbook

Homework:
You will be creating an ongoing visual presentation of your LDC
Using your selected LDC...

  • Determine the characteristics that your LDC displays
    • Data breakdown
      • Population growth rate (Birth Rate)
      • Dependency Ratio
      • Unemployment data
      • Health indicators
      • Education Indicators
      • GDP, GNI and PPP
  • Give a breakdown of your LDC's diversity
    • Resources
    • Historical background
    • Geography and demographics
    • Ethnicity and Race
    • Structure of Industry (Jobs)
    • Per Capita Income levels
    • Political structures
  • Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
  • Use both single and composite measurements of development to analyze your LDC
    • Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
  • Create a Lorenz Curve for your LDC
  • Analyze your LDC's capability of economic development
    • domestic barriers of development
    • international barriers of development
    • What does your country need to help them erach the 17 Sustainable Development Goals?
  • Evaluate possible solutions that could help create economic development in your LDC

Monday, April 15, 2019

Monday April 15

Begin Developmental Economics:

New Concepts:
  • Distinguish between economic growth and economic development
    • What makes countries wealthy?
  • Common characteristics of developing countries
  • Diversity between developing countries
Resources:
List of Developing Countries

Names with countries of choice - If you haven't picked a country yet, look at the list and fill in your choice next to your name

Power Point - Characteristics of Developing Countries
        Also includes Diversity among Developing Countries and the Millennial Goals

UN Website - Millennial Development Goals

UN Website - Data Reports

CIA World Factbook

Homework:
You will be creating an ongoing visual presentation of your LDC
Using your selected LDC...

  • Determine the characteristics that your LDC displays
    • Data breakdown
      • Population growth rate (Birth Rate)
      • Dependency Ratio
      • Unemployment data
      • Health indicators
      • Education Indicators
      • GDP, GNI and PPP
  • Give a breakdown of your LDC's diversity
    • Resources
    • Historical background
    • Geography and demographics
    • Ethnicity and Race
    • Structure of Industry (Jobs)
    • Per Capita Income levels
    • Political structures
  • Using the Millennial Goals, determine if your LDC has reached those goals based on 2016 numbers
  • Use both single and composite measurements of development to analyze your LDC
    • Make sure to compare GDP and GNI and discuss any Foreign Direct Investment in your LDC
  • Create a Lorenz Curve for your LDC
  • Analyze your LDC's capability of economic development
    • domestic barriers of development
    • international barriers of development
    • What does your country need to help them erach the 17 Sustainable Development Goals?
  • Evaluate possible solutions that could help create economic development in your LDC

Friday, April 12, 2019

Friday April 12

New Topic:

  • World Trade Organization
    • Purpose, Functions and Objectives

Homework - Due Monday April 12

Thursday April 11

New Topic:

  • World Trade Organization
    • Purpose, Functions and Objectives

Homework   due Monday 4/15

Wednesday, April 10, 2019

Wednesday April 10

New Topic:

  • World Trade Organization
    • Purpose, Functions and Objectives

Homework

Tuesday, April 9, 2019

Monday April 8

New Topics
  • Economic Integration
    • Bi-Lateral and Multilateral Trade agreements
    • Trade Blocs
Resources
Homework:


Read Chapter 25 - Economic Integration

Friday, April 5, 2019

Friday April 5

New Topics
  • Economic Integration
    • Bi-Lateral and Multilateral Trade agreements
    • Trade Blocs
Resources
Homework:


Read Chapter 25 - Economic Integration

Thursday April 4

Pop Quiz - Balance of Payments

New Topics
  • Economic Integration
    • Bi-Lateral and Multilateral Trade agreements
    • Trade Blocs
Resources
Homework:
Read Chapter 25 - Economic Integration

Wednesday, April 3, 2019

Wednesday April 3

New Concepts:
  • Balance of Payments Problems
    • What is the capital account?
    • How do we balance the current and capital accounts?
    • Current Account deficit/surplus and impact on trade
Activity:



Resources:
Khan Academy Video - What is the Current Account?
     Describes what is in the Current Account and how we calculate a deficit or surplus

Khan Academy Video - What is the Capital Account?
      Describes the Capital account and how we calculate a deficit or surplus




Power Point - Balance of Payments




Homework:
End of Chapter Review - Do questions 1 and 2 only

Tuesday, April 2, 2019

Tuesday April 2

New Concepts:
  • Balance of Payments Problems
    • What is the capital account?
    • How do we balance the current and capital accounts?
Resources:
Khan Academy Video - What is the Current Account?
     Describes what is in the Current Account and how we calculate a deficit or surplus

Khan Academy Video - What is the Capital Account?
      Describes the Capital account and how we calculate a deficit or surplus




Power Point - Balance of Payments




Homework:
Imbalance of Payments  Due Wednesday April 3

Monday, April 1, 2019

Monday April 1

New Concepts:
  • Balance of Payments Problems
    • What is the current account?
Resources:
Khan Academy Video - What is the Current Account?
     Describes what is in the Current Account and how we calculate a deficit or surplus

Khan Academy Video - What is the Capital Account?
      Describes the Capital account and how we calculate a deficit or surplus




Power Point - Balance of Payments




Homework:
Read Chapter 24