Development Economics 01:220:439:01
Rutgers University, Professor Ira N. Gang, Email: gang at rutgers.edu Include 439 in the subject line
Prerequisites: Intermediate Microeconomics, Intermediate Macroeconomics, Econometrics

Make sure to visit the 5 other webpages comprising the course syllabus: Grading  Exams  Text_vs_NoText  BBB  Catalog_Description

Fall 2021
Mon/Wed/Fall 2021  01:00PM - 02:20PM
Van Dyck 211 CAC

Lecture Schedule, Exam Dates, Readings, Problems, There is no warranty on the dates, order or topics. To complete the picture of the class, please read carefull our other syllabus webpages. No text or other purchases are required for this class. Everything is online, on our SAKAI pages.
Prerequisites: Intermediate Microeconomics, Intermediate Macroeconomics, Econometrics

LG

SAKAI 

The course management software we will be using is SAKAI. Please familiarize yoursef with it. All readings and related materials are under the Resources tab.  Videos are under the Media Gallery tab. Exams will be online, under the Tests & Quizzes tab. Office Hours will be held under the Meetings tab.  Etc. All communications will be to your official Rutgers email. For tech help with  Sakai, please visit https://it.rutgers.edu/help-support.

Lectures

Classes this term are in-person in Van Dyck 211 CAC. If there are any changes causing us not to be able to meet in-person, we will seemlessly switch to live, synchronous, online classes on SAKAI. The classes will meet at their regularly scheduled time. You will be able to access these live classes through the SAKAI Meetings tab.  Click on the appropriate meeting listed. These classes will not be recorded.  Please enter with your microphones turned off.

Pandemic Matters

I have created a folder in Resources titled 'Pandemic Matters' as a place to deposit emails I receive from the Economics Department and various Rutgers administrators that are  relevant to how our class runs. These are fluid times with best practices rarely agreed upon and rapidly changing. The nature of an active pandemic requires that we, as a class, be prepared for sudden changes during the term while ensuring academic standards are maintained in a safe environment. Masks must be worn during class meetings. 

Please read this document, which repeats the relevant sections of Announcement 1..

Teaching Assistant

Altug Yildiz, ay319 at economics.rutgers.edu

Office Hours :  Office Hours: OH with our TA, Altug Yildiz <ay319 at economics.rutgers.edu> will be on line from noon to 1:00PM on Wednesdays. If you are not able to make it at this time please email him and arrange a mutually convenient time. You may also email Prof. Gang <gang at rutgers.edu> with questions and to set up online appointments.  Meetings will be in BBB (Big Blue Button, this is the Meetings tab on our Sakai page): Go to Sakai->Meetings->Office Hours to join office hours.
Graded Elements of Course 1. Exam 01. Monday 11 October on Sakai.multiple choice.
2. Exam 02. Monday 15 November on Sakai multiple choice
3. Exam 03 (Final Exam), Wednesday 22 December on Sakai. Up to 60 multiple choice type questions.
Important I post selcted Review Notes (under Reveiw in Sakai -> Resources) prior to the class and suggest you review them prior to the lectures and add to them duirng  the lectures. The posts are designed highlight the main points and will offer a good picture when combined with your class notes. They also contain some handouts and exercises (not to be turned in)
Exercises, Exam Practice, Handouts, Readings & Related Located in SAKAI->Resources,. Note: These are designed to help you  understand the main points and include notes on the highlights of class, worked exercise, and some handouts.

Please watch three class lectures and other (short) videos at the appropriate points in material. All are under the Media Gallery tab on the left-hand side of our home Sakai  page. They are listed here under the relevant course topics.

THREE CLASS LECTURES ONLINE - I will be unable to be present for classes on Sept 08, 22 & 29 (classes #02, #06 & #08, respectively). These are early in the semester. For continuity & to help establish a strong foundation on the course material, I am recording and posting the appropriate lecture for each of these days. These  three videos "count" as if I delivered them in-class in-person..
Class 02: 
will be posted at appropriate time
Class 06: n
will be posted at appropriate time
Class 08: 
will be posted at appropriate time

PART ONE: PERSPECTIVES -The videos in Part One, Part Two and Part Two are not required. They are for your use and I think they will be helpful in developing and expanding your understanding of development economics.

Shubhashis Gangopadhyay,  Unintended Consequences: Primaer to Critical Thinkingsee SAKAI-->Media Gallery
Amartya K. Sen on Development Research the Last Thirty Years; see SAKAI-->Media Gallery

PART TWO: MEASUREMENT-The videos in Part One, Part Two and Part Three are not required. They are for your use and I think they will be helpful in developing and expanding your understanding of development economics.
Angus Deaton, Nobel Laureate, Subjective Well-Being and Policy: Interview; see SAKAI-->Media Gallery
Angus Deaton, Nobel Laureate, on Measuring and understanding behavior, welfare and poverty; ssee SAKAI-->Media Gallery
HansRosling on the Washing Machine; see SAKAI-->Media Gallery
2019 Multidimensional Poverty; see SAKAI-->Media Gallery

PAER THREE: TOPICS
-The videos in Part One, Part Two and Part Three are not required. They are for your use and I think they will be helpful in developing and expanding your understanding of development economics.
Drought and Famine Craseh Course World History #208; see SAKAI-->Media Gallery
Ralitza Dimova-Food Security: see SAKAI-->Media Gallery

PART ONE

DEVELOPMENT ECONOMICS PERSPECTIVES

1

Wednesday 01 Sept
Class #01

Objectives:  Introduction. What is development economics?
Readings: [1_BEG] Chapters: Introduction and 1, 2, 3, 4. 5, 6 Glossary  [4_Ray - Development Economics, Palgrave article]

*deJanvry & Sadoulet, Preface, Ch. 1 (pp. 13-26)

*deJanvry & Sadoulet, Ch. 3, (pp. 129-143)
Explore: 5_Global Development Network Website
Review Notes for Development Economics Perspectives
Please review National Income Accounting, the Neo-Classical Growth Model  and the New Growth Model from Intermediate Macro; Math  http://www.mathcentre.ac.uk   

Monday 06 Sept

Labor Day Holiday - No Class
Wednesday 08 Sept
Class 2
No in-person lecture. Watch class 02 lecture in Media Gallery.

Objectives: Growth. Capital fundamentalism. immiserizing growth. National income accounting, purchasing power parity.
Readings:  [1_BEG] Chapters:  7, 8 , 9, 10. [11.0_Big Mac Index][11_1_GDPtrouble-Eco][11_2_DeatonSummary] [12_OECD-PPP FAQ] [6_Solow-Swan Growth]  [7_Harrod-Domar Growth] 

*deJanvry & Sadoulet, Ch. 8 and Appendix 8.1; Ch. 2 (pp. 79-87).

Review-Perspectives 01


Objectives: Models of Economic Growth.  Harrod-Domar, Solow-Swan, "New"
Readings:  [1_BEG] Chapters:  11, 12, 13, 14; [8_Romer]
*deJanvry & Sadoulet, Ch. 9.  

Review-Perspectives 02

Review-Perspectives 03

Objectives: 
Models of Economic Growth. Dualism, Lewis, Surplus Labor, Overview of "modern" development economics.
Readings:  [9_Thorbecke]  [10_Fields] [1_BEG] Chapters: 15, 16, 17, Appendices  [76_New Green Revolution] 

Review-Perspectives 04 

Watch Video: Amartya K. Sen on Development Research the Last Thirty Years; see SAKAI-->Media Gallery

Monday 13 Sept
Class #03

Wednesday 15 Sept
Class #04

Monday 20 Sept
Class #05

Wednesday 22 Sept
Class 6
No in-person lecture. Watch class 06 lecture in Media Gallery.

Monday 27 Sept
Class #07

Wednesday 29 Sept
Class 8
No in-person lecture. Watch class 08 lecture in Media Gallery.

Monday 04 Oct
Class #09
Wednesday 06 Oct
Class #10

Monday 11 Oct
Class #11

Exam 01. The exam will be on Sakai. You can take the exam any tim on 11 Oct. Once you begin you have 90 minutes to complete it. Please see relevant web page. Everything we have done so far, review relevant sample exam questions, Reviews, & whatever else helps. 

PART TWO

MEASUREMENT

2

Wednesday 13 Oct
Class #12
Objectives:  Measuring Development. Poverty and Inequality. The Development Game
Readings:    [74_UN-Poverty Handbook] Chapters 2, 3
Review-Measurement 00
Watch Video: Angus Deaton, Nobel Laureate, Subjective Well-Being and Policy: Interview; see SAKAI-->Media Gallery

Objectives: Measuring Development.  Poverty and Inequality Axioms.
Readings:   [15_Licthfield] [34_TP2003_4 Poverty and inequality Measures]  

Review-Measurement 01
Monday 18 Oct
Class #13
Wednesday 20 Oct
Class #14

Objectives:   More on Measurement; Links between poverty, inequality and output, Kuznets Inverted U. Does inequality matter?; Poverty, Inequality and Growth.
Readings:   [16_Basu, Foster, Subramanian] [72_Poverty: Not Always With Us] [17_Ferreira]
*deJanvry & Sadoulet, Ch. 7 (pp. 255-279). 

Review-Measurement 02

Objectives:  Literacy.
Readings: 4_Ray - Development Economics, Palgrave article

Review-Measurement 03

Monday 25 Oct
Class #15

Wednesday 27 Oct
Class #16

Monday 01 Nov
Class #17

Wednesday 03 Nov
Class #18

Monday 08 Nov
Class #19

Wednesday 10 Nov
Class #20

Monday  15 Nov
Class #21

Exam 02. The exam will be on Sakai. You can take the exam any tim on 15 Nov. Once you begin you have 90 minutes to complete it. Please see relevant web page. Everything we have done so far, review relevant sample exam questions, Reviews, etcEmphasis on material not covered in the first exam.

PART THREE

TOPICS (subject to change)

3

Wednesday 17 Nov
Class #22

Objectives: Impact evaluation

Readings: [10_1_SadouletImpactEvaluation] [10_2_Blattman] [10_3_StataCausality]

*deJanvry & Sadoulet, Ch. 4; Ch. 14.

Review-Slides-All-Topics-Sectiion _Part 3_ 439 Fall 2021
Monday 22 Nov
Class #23
Wednesday 14 Nov
No Class
Thanksgiving Break

Monday 29 Nov
Class #24

In Rutgers land = Wed

Objectives: Famines and government failure.
Readings:  [18_Devereux] [19_Sen] [39_Imai]  [19_5_IsEraOfGreatFaminesOver?]
Watch Video: Drought and Famine Crash Course World History #208; see SAKAI-->Media Gallery

Wednesday 01 Dec
Class #25

Objectives:  Population. Malthus. Mortality. Fertility. Household models.
Readings:   [20_Economist 23Dec1999] [21_Economist-12Aug2009] [35_Bangladesh_ Out of the basket] [36_Bangladesh and development]
*deJanvry & Sadoulet, Ch. 11

Monday 06 Dec
Class #26

Objectives:  Rural Markets - complications of missing Markets for risk, Sharecropping, Microfinance
Readings: [22_Mashall diagram][38_Ghalib_Microfinance & Poverty]
Watch Video: Ralitza Dimova-Food Security: see SAKAI-->Media Gallery 

Wednesday 08 Dec
Class #27
Objectives:  Rural Markets - complications of missing Markets for risk, Sharecropping, Microfinance
Readings: [22_Marshall diagram][38_Ghalib_Microfinance & Poverty]  [77_Small Band of Women] 
*deJanvry & Sadoulet, Ch. 13,18, 20, 22 

Monday 13 Dec
Class #28

Objectives:  Labor Markets, Migration, Outsourcing, Brain Drain, Remittances.
Readings:  [37_Banks]  [23_MPI]
*deJanvry & Sadoulet, Ch. 12. 

 

As Time Permits

Objectives:  Planning, Industrial Policy, Choice of Techniques, Infant Industry. *deJanvry & Sadoulet, Ch. 3 (skim); Ch. 21.

As Time Permits

Objectives: Education, Trade, Aid, Standards, Environment.
Readings:  [24_EnvKuzCur] [40_Manoj Roy] [75_WhoPrefersCashTransfers?] *deJanvry & Sadoulet, Ch. 17, Ch. 19

Wednesday 22 Dec 

FINAL EXAM: Comprehensive.  It will cover the entire semester's work,  Once you begin you have 3 hours to complete it. Please see relevant web page.