ECON: Fri., 4/19/13 (CHS); Mon., 4/22/13 (SHS)
- Projects overview (CHS)
- Overview of aid and indebtedness
-Official Development Assistance (ODA) v. Nongovernmental Organizations (NGOs)
-Grants, Concessional Long-Term Loans, Project Aid, Program Aid
-Bilateral v. Multilateral Aid
-International Monetary Fund (IMF) and World Bank
- Film: Life and Debt
- PED and PES of countries’ exports (SHS)
- IB answer forms overview (CHS)
Homework: Aid and Indebtedness (10 points)
- Read chapter 33 of the textbook, “Aid and indebtedness.”
- Explain what kinds of aid your country receives with specific reference to terms used in chapter 33.
- Discuss the potential benefits and drawbacks to accepting such aid for your particular nation. What strings are likely attached to the help it is getting? (There’s no such thing as a free lunch!) In particular, look for examples of “structural adjustment” programs. What kinds of aid would you prefer, if available?
Check out the World Bank website (http://www.worldbank.org/) and the International Monetary Fund (http://www.imf.org/) to get started. The CIA World Factbook may also give information on the kinds of aid you receive.
ECON: Wed., 4/17/13 (CHS); Thu., 4/18/13 (SHS)
- Overview of Human Development Index
- Class discussion: Examples of developing countries
- Projects Overview (SHS)
- IB answer forms overview (SHS)
- PED and PES of countries’ exports (CHS)
Homework (10 points):
Growth Models and Strategies
- Read pp. 344-354 in chapter 32 of the textbook, “Growth and development strategies.”
- Based on the information you gathered in earlier assignments and any new research necessary, type a brief paragraph evaluating the relevance of the growth models to your country (Harrod-Domar and Lewis structural change/dual sector). Which one is more relevant for your country and why?
- Type a brief paragraph evaluating the effectiveness of the growth strategies for your particular country (export-led, import substitution, foreign direct investment). Which one is more promising and why?
Draw and at least one diagram to support your points. These might include AD/AS, PPC, or trade barrier diagrams.
ECON: Mon., 4/15/13 (CHS); Tue., 4/16/12 (SHS)
- Finish: Black Gold film
- Debrief Ch. 30 essay question
- Development in context of curriculum: Return to scarcity
- Introduce development study
Homework (20 points):
- Select a country with medium to low human development from the United Nations’ human development rankings.
- Find and print out a recent news article about the country. You can use Google news, follow the “Sources For Current Events Commentaries” link on this page or go to
- Read chapter 31 of the textbook, “Barriers to economic growth and economic development.”
- Find three (3) examples of barriers to economic growth and development from the article you found and/or from other sources. If you have trouble finding enough information about your country from the article, try using the CIA World Factbook.
Type out and print your explanations of how these three examples demonstrate barriers to growth and/or development. Use proper MLA in-text citations and provide an MLA works cited entry for your source(s).
Some sobering statistics:
Churchill students, just a reminder that we are switching our meeting day from Alpha to Omega for the remainder of the school year. That means we will have class on Monday, Wednesday, and Friday of the coming week (April 15th, 17th and 19th). Thanks for your flexibility!
ECON: Thu., 4/11/13
- Watch Black Gold film, complete discussion questions
Homework (assigned last class): Read chapter 30. Respond to the essay question on page 328.
ECON: Tue., 4/9/13
- Debrief and feedback on trade test
- MLA works cited and in-text citation review
- Review of growth versus development concepts
- Discussion: Characteristics of developing countries (travel stories?)
Homework: Read chapter 30. Respond to the essay question on page 328. Due Monday, April 15 at Churchill, Tuesday, April 16 at Sheldon.
ECON: Fri., 4/5/13
- Projects reminder
- Trade Test on Krugman Reading
Homework: Read Chapter 29. Take 1/2 to 1 page of notes. Come to class prepared to discuss essay question on page 320.
ECON: Wed., 4/3/13
- New seating chart
- Review balance of payments homework (27.2)
- Wrap-up balance of payments (foreign reserves)
- Article analysis activity
- Return commentaries
Homework: Prepare for group test on trade. The test is worth 75 points, 25 of which is based on taking in-depth notes on the Paul Krugman reading handed out in class; 50 points are for the group response. Extra copies of the reading are on the white board in room J19 at Churchill.
Please note: The date and location of the second review session has changed.
Thu., April 4, 6:30-8:00 p.m. SEHS, Room 540/541
Topics: Test overview,
Tue., April 9, 6:30-8:00 p.m. SEHS, Room 540/541
Wed, April 17, 6:30-8:00 p.m. CHS, Room J-19
Wed., April 24, 6:30-8:00 p.m. SHS, Lecture hall (C-9)
Topics: International Economics,
Tue., April 30, 6:30-8:00 p.m. SEHS, Room 540/541
Topics: Mop-up, Q&A
IB Economics Test: Thursday, May 2, 12:30-1:30 p.m.; Friday May 3, 8:30-10:30 a.m.
ECON: Fri., 3/22/13
- Group presentations on exchange rate scenarios
- Introduction to balance of payments
- Review workpoint 27.1
Homework: Complete student workpoint 27.2 in Chapter 27. Review for group test on trade, Friday April 5. Complete final third quarter projects work by Monday, April 8th.