1. Economics 172 Issues in African Economic Development
Lecture 2
January 19, 2006

2. Lecture 2: Course Information Reminder
Lecturer: Prof. Ted Miguel
Office hours: Mondays 9-11:30am, Evans 647
GSIs:
John Bellows
Jessica Leino
Enrollment issues: Desiree Schaan, GSI Coordinator Evans 508-2
Economics 172: Lecture 2

3. Reading packets at Bancroft Copy Central
Syllabus and other course information online
Economics 172: Lecture 2

4. 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

5. 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

6. Inputs into economic production
Physical capital (K): factories, tractors, infrastructure
Economics 172: Lecture 2

7. Inputs into economic production
Physical capital (K): factories, tractors, infrastructure
Human capital (H): education, health
Economics 172: Lecture 2

8. 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

9. Course Outline: Part I
Health and development
Economics 172: Lecture 2

10. Course Outline: Part I Health and development Geography
Economics 172: Lecture 2

11. Course Outline: Part I Health and development Geography Education
Economics 172: Lecture 2

12. Course Outline: Part I Health and development Geography Education
Saving and investment
Economics 172: Lecture 2

13. Causal impacts
Low A, H, K  Poverty
Economics 172: Lecture 2

14. Causal impacts Deeper factors?  Low A, H, K  Poverty
Economics 172: Lecture 2

15. Course Outline: Part II
Historical legacies
Economics 172: Lecture 2

16. Course Outline: Part II
Historical legacies
Ethnic and social divisions
Economics 172: Lecture 2

17. Course Outline: Part II
Historical legacies
Ethnic and social divisions
Violence and war
Economics 172: Lecture 2

18. Course Outline: Part II
Historical legacies
Ethnic and social divisions
Violence and war
Democracy and accountability
Economics 172: Lecture 2

19. The Solow Model of Economic Growth
Economics 172: Lecture 2

20. The Solow Model of Economic Growth
Economics 172: Lecture 2

21. Economics 172: Lecture 2

22. For next time: Read Week 1 and Week 2 articles, especially Easterly (2001)
Economics 172: Lecture 2

23. Whiteboard #1
Economics 172: Lecture 2

24. Whiteboard #2
Economics 172: Lecture 2

25. Whiteboard #3
Economics 172: Lecture 2

26. Whiteboard #4
Economics 172: Lecture 2

27. Whiteboard #5
Economics 172: Lecture 2

28. Map of Africa
Economics 172: Lecture 2