lecture_1_f09w10 - Economics 324 Economic Development...

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Lecture 1 Slide 1 of 23 Economics 324 Economic Development Professor Gustavo J. Bobonis Department of Economics University of Toronto
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Lecture 1 Slide 2 of 23 Economics 324 Economic Development Lecture 1 – September 14 th , 2009
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Lecture 1 Slide 3 of 23 Lecture 1 : Introduction to Economics 324 ± Lecturer: Prof. Gustavo J. Bobonis Email: gustavo.bobonis@utoronto.ca Office hours: 150 Saint George Street, Room 304 Tuesdays 3:00p – 4:00p (by appointment; for undergraduate and graduate students) Tuesdays 4:00p – 5:00p (drop-in [no appointment required] for Economics 324 students) Link to schedule Office Hours appointment: http://my.timedriver.com/V3CW6 (or click on my personal webpage – teaching page: http://www.chass.utoronto.ca/~bobonis/teaching.htm )
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Lecture 1 Slide 4 of 23 Lecture 1 : Introduction to Economics 324 ± Lecturer: Prof. Gustavo J. Bobonis Email: gustavo.bobonis@utoronto.ca Office hours: 150 Saint George Street, Room 304 Tuesdays 3:00p – 4:00p (by appointment) 4:00p – 5:00p (drop-in) ± TA: Mr. Eik Leong Swee Email: eik.swee@utoronto.ca Office hours: TBD ± Enrollment issues: Ms. Robbie Innes, Undergraduate Administrator, ( rinnes@chass.utoronto.ca ), 150 Saint George Street, 1 st floor
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Lecture 1 Slide 5 of 23 ± Course structure: Part I: Economic Theories and Methods Part II: Politics, Institutions, and History ± Course materials I: Required textbook Ray, Debraj. Development Economics . Princeton, NH: Princeton University Press. 1998. Available at: ± Short-Term Loan Service (Robarts Library 4th Floor; one copy). ± Used copies online (e.g., www.chapters.indigo.ca, www.amazon.ca) at substantial discounts.
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Lecture 1 Slide 6 of 23 ± Course materials II: Chapters 1 and 3 of the following book Besley, Timothy. Principled Agents? The Political Economy of Good Government . Oxford: Oxford University Press. 2006. Available at: ± Short-Term Loan Service (Robarts Library 4th Floor; one copy). ± U of Toronto E-book, in the following link: http://simplelink.library.utoronto.ca/url.cfm/85499 ± Course materials III: Articles and book chapters in the Course Outline and Readings Section Linked to the course Bb website as necessary
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Lecture 1 Slide 7 of 23 Syllabus Outline: Part I: Economic Theories and Methods 1. Overview: Economic Development and Development Economics 2. Social Welfare 3. Economic Growth 4. Human Capital Investments and Household Decision-Making 5. Inequality and Growth: Economic and Political Interconnections Part II: Politics, Institutions, and History 6. The Role(s) of the State 7. International Trade and Trade Policy 8. The Foreign Aid Debate 9. Geography, Institutions, and History
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Lecture 1 Slide 8 of 23 Applications of Economic Theory: 1. Economic growth theory 2. Partial equilibrium analysis 3. Political agency theory 4. Elementary game theory 5. General equilibrium analysis Tools: 1. Social welfare and poverty analysis 2. Ordinary least squares (OLS) regression 3. Randomized evaluation
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lecture_1_f09w10 - Economics 324 Economic Development...

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