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) Jessica Leino (leino@econ.berkeley.edu) Enrollment issues: Desiree Schaan, GSI Coordinator (dschaan@econ.berkeley.edu), Evans 508-2 Economics 172: Lecture 2
Reading packets at Bancroft Copy Central Syllabus and other course information online Economics 172: Lecture 2
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
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
Inputs into economic production Physical capital (K): factories, tractors, infrastructure Economics 172: Lecture 2
Inputs into economic production Physical capital (K): factories, tractors, infrastructure Human capital (H): education, health Economics 172: Lecture 2
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
Course Outline: Part I Health and development Economics 172: Lecture 2
Course Outline: Part I Health and development Geography Economics 172: Lecture 2
Course Outline: Part I Health and development Geography Education Economics 172: Lecture 2
Course Outline: Part I Health and development Geography Education Saving and investment Economics 172: Lecture 2
Causal impacts Low A, H, K Poverty Economics 172: Lecture 2
Causal impacts Deeper factors? Low A, H, K Poverty Economics 172: Lecture 2
Course Outline: Part II Historical legacies Economics 172: Lecture 2
Course Outline: Part II Historical legacies Ethnic and social divisions Economics 172: Lecture 2
Course Outline: Part II Historical legacies Ethnic and social divisions Violence and war Economics 172: Lecture 2
Course Outline: Part II Historical legacies Ethnic and social divisions Violence and war Democracy and accountability Economics 172: Lecture 2
The Solow Model of Economic Growth Economics 172: Lecture 2
The Solow Model of Economic Growth Economics 172: Lecture 2
Economics 172: Lecture 2
For next time: Read Week 1 and Week 2 articles, especially Easterly (2001) Economics 172: Lecture 2
Whiteboard #1 Economics 172: Lecture 2
Whiteboard #2 Economics 172: Lecture 2
Whiteboard #3 Economics 172: Lecture 2
Whiteboard #4 Economics 172: Lecture 2
Whiteboard #5 Economics 172: Lecture 2
Map of Africa Economics 172: Lecture 2