Erick Eschker
E-mail: ee3@humboldt.edu
Phone: (707) 826-3216
Office: Siemens Hall 213A
Office Hours: MW 12-1, and by appointment
Required Reading: Economic Development by Todaro, 7th Edition, Course Web Page, Reserve Materials, Handouts
Recommended Reading: Todaro Text Website, The Wall Street Journal, The Economist
Course Goals: The student will be able to 1) identify the characteristics that distinguish developed from developing countries 2) identify the functions of international organizations that assist developing countries 3) compare and contrast current theories of economic development 4) explain the history of, and current problems faced by, developing and recently developed nations 5) identify sources of economic data for developing countries and 6) explain the policy choices and tools that governments in developing countries face.
Course Grade: The grade for this course is based on four parts: an oral presentation (10%), a group presentation (30%), a midterm exam (30%), and a final exam (30%).
Group Presentation: A 25 minute group presentation will identify the most pressing problems currently facing a developing nation and make specific suggestions to achieve faster/better economic development. Economic development is understood to be, at the very least, a rise in GDP per capita. However, other considerations may be important and any additional development goals should be indicated. The group is to act as an advisor to the government of the country. It is to be assumed that the government desires economic development but that it is not particularly aware of the issues it faces. Therefore, your presentation should include 1) brief background on relevant statistics/conditions of the country 2) identification of the biggest challenges to development 3) specific policy recommendations and priorities to achieve development 4) an explanation of why certain policies would be less helpful and should not be tried and 5) an outlook or timeline for the country's development. A one page summary of recommendation and a full list of all references is to be turned in during the presentation. Your grade is based on the quality of your presentation and the quality of your economic analysis. Handouts, overheads, etc. are encouraged. Groups will be assigned at the beginning of the semester. Countries must be approved by the instructor and two groups may not analize the same country. Each group must notify the instructor no later than September 18 of their proposed country. Requests will be honored on a first come basis. A one page initial summary recommendation, including references and country background, is due Monday, November 6.
Midterm: The Midterm is Wednesday, October 18. No alternate time will be provided.
Final: The final for this class will be on the official day listed by the registrar's office: Monday, Decebmer 18, 12:40-2:30pm. The final is comprehensive. No alternate time will be provided.
Cheating: The only collaboration allowed is on the group presentation. "Formula" sheets are not allowed in the exams. Any one caught cheating will be prosecuted to the fullest extent.
Internet Access: This course will make much use of the Internet:
Our homepage is at http://www.humboldt.edu/~ee3/econ306/index.html. This page contains important course related information, such as the calendar, news and practice exam questions. Please visit it often. I check my e-mail quite often. An e-mail question will likely have the greatest chance for a speedy reply. Even if I cannot be found in person or by phone, I will usually be able to answer your e-mail messages. You should make a point to regularly check this class’ Internet sites. I assume you have a functional understanding of, and access to, e-mail and the World Wide Web. If not, please see me or one of the many specialists on campus who can assist you.
Course Outline: The following is a guide to the topics we will cover. Chapters refer to the Todaro text. Other readings are listed by author or title. Adjustments may be made if warranted.
Introduction
Heilbroner
Chapter 1
Characteristics of Development
Chapter 2
Theories of Development
Chapter 3
Historical Growth
Landes
Chapter 4
Poverty
Chapter 5
Population
Chapter 6
Somalia famine
AIDS in Uganda
Unemployment
Chapter 7
Urbanization
Chapter 8
Education
Chapter 9
Educating Girls
Agriculture
Chapter 10
The Environment
Chapter 11
Debt for Nature Swap
Gains from Trade
Chapter 12
Trade Policy
Chapter 13
Cypher and Dietz
Debt
Chapter 14
Multinational Corporations
Foreign Investment and Aid
Chapter 15
Financial Reform
Chapter 17
Remember that I am available to help you with the class. If you have any concerns, it is always best to see me earlier rather than later. Don’t hesitate to contact me.