Mr. Kuzma's Blog

Economics: Development Day 8, Weds/Thurs, April 17th/18th

• Amartya Sen: Development as Freedom excerpt
• Kerala and Bolivia articles (success through communism and socialism)
• Finish PPT lecture on Strategies for Development

No Homework

Question for your student: What should a country take into account when trying to lift itself out of poverty? What strategy do you believe is the best way forward?

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Economics: Development Day 6, Fri/Mon, April 12th/15th

• https://www.ted.com/talks/tshering_tobgay_this_country_isn_t_just_carbon_neutral_it_s_carbon_negative
• Bhutan article
• Development strategies and goals brainstorm
• Start Lecture on Chapter 32: Development Strategies

No Homework

Question for your student: Why does a nation work to increase output? Why does GDP matter? Does it?

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Economics: Development Day 4, Mon/Tues, April 8th/9th

• Barriers to growth articles and jigsaw discussion
• Review Chapter 31 (Barriers to growth)
• https://www.youtube.com/watch?v=docGVZFIMFI&t=358s

Homework: Rwanda test questions due at the end of the week

Question for your student: What are the cascading impacts of the video Widow’s Cry?

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Economics: Development Day 1, Tues/Weds, April 2rd/3rd

• Chapter 29 Lecture & Development Articles
• https://www.youtube.com/watch?v=d6fX8ovhxzk
• https://www.youtube.com/watch?v=Dd3KlOcUcak
• Rwanda Articles

No Homework

Question for your student: How might a high dependency ratio negatively impact a nation?

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Economics: International Trade Day 6, Tues, March 12th

• Protectionism review problems
• Start searching for Commentary articles

Homework: Start Looking for third and final commentary articles. Must be a new country and new newspaper. Key search terms: trade agreement, tariff, quota, subsidy, free trade, protectionism, duty.

Optional (OPTIONAL: due to snow days and need to finish IB commentaries before Spring Break) Trade Test on Wednesday March 20

• Reasons for protectionism, reasons for international trade, quotas, tariffs, subsidies, dumping, infant industries, sunset industries, strategic securities argument, health and safety protection
• Know and be able to label and explain quantities, prices, and revenue boxes for: Quotas, Subsidies, Tariffs, Free Trade
• Exhange Rates: shifting curves, impacts of low/high exchange rate, possible intervention
• Balance of Payments: Current account, Capital account
• Terms of Trade: Impacts of deteriorating and improving ToT

Question for you student: What are the main points of the article you are planning to use for your commentary?

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