4 Egypt

4 Egypt - Macroeconomics: Click to edit Master subtitle...

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Click to edit Master subtitle style 4/18/11 Macroeconomics: A Case Study of No Chapter. Reading is Just Slideshow
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4/18/11 Why Talk About Egypt Now? So far we have had just 4 lectures. Egypt this week is a great example of everything we have talked about. Macroeconomics is not meaningless book knowledge. It is a way of explaining current events!
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4/18/11 What Is Going On Street protests are happening in Egypt demanding the removal of President Hosni Mubarak and more democracy. Quick timeline President Anwar Sadat is assassinated in 1981. Mubarak takes over, is elected 5 times in a row. 2006 Mubarak declares he is president for
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4/18/11 Why Do You Care? World is economically interconnected Example: Refugees Example: Wheat sales Key idea for Business / SHA students Many countries have instability. Need to make contingency plans for instability. Need to ensure projects are profitable in shorter time frame than in stable country. Many people hold wealth in stocks. Friday USA markets fell between 1.3% (Dow)
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4/18/11 Key Point CIA World Factbook “Despite the relatively high levels of economic growth over the past few years, living conditions for the average Egyptian remain poor.” What does this mean for economic and political stability?
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4/18/11 Diamond Book “Those past collapses tended to follow somewhat similar courses constituting variations on a theme. Population growth forced people to adop
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Click to edit Master subtitle style 4/18/11 Is Egypt Following Diamond Model?
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4/18/11 Egypt’s Population In 1960 Egypt has 28 million people. Today it has 83 million Population has grown by factor of 3. Graph from WDI shows Steady growth 0 2 4 6 8 10 12 Egypt's Population
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4/18/11 Size (land area) of Egypt Egypt is a very large country 1 million square kilometers Three times size of New Mexico 30th biggest country in world Bigger than France, Spain, Japan Italy, Turkey, Chile,
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This note was uploaded on 04/17/2011 for the course EC 102 taught by Professor Zagorsky during the Spring '08 term at BU.

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4 Egypt - Macroeconomics: Click to edit Master subtitle...

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