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