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