Economics 172 Issues in African Economic Development

Economics 172Issues in African Economic Development

Professor Ted MiguelDepartment of Economics

University of California, Berkeley

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Lecture 1: Introduction to Economics 172

• Lecturer: Prof. Ted MiguelEmail: [email protected] hours: Mondays 9-11:30am, Evans 647

• GSIs:John Bellows ([email protected])Jessica Leino ([email protected])

• Enrollment issues: Desiree Schaan, GSI Coordinator ([email protected]), Evans 508-2

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• Reading packets at Bancroft Copy Central

• Course structure:Part I: Economic Theories and IssuesPart II: History, Institutions, and Politics

• Prerequisites: Some economics and some statistics

• Grading: Three problem sets – 30%Midterm exam – 30%Final exam – 40%

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• The world’s four major less developed regions are East Asia, Latin America, South Asia, Sub-Saharan Africa

• Of the four Sub-Saharan Africa has had by far the worst economic performance since 1975

• The goal of this course is to understand why Africa is so poor and what can be done about it

Patterns of Global Economic Development

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• Other dimensions of human development:Infrastructure (e.g., roads, electricity)DemocracyViolence / armed conflict

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• For next time: Read Cooper (2002) and Kevane (2004)

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