Econ 496: Economic Growth and Development October 4, 2004 D. Andolfatto Name

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Econ 496: Economic Growth and Development
October 4, 2004
D. Andolfatto
Name
Instructions. Please limit your answer to the space provided below each question. Do not write on the
back of the exam paper (it will not be graded). Pen or pencil is fine. Label all diagrams clearly and write
neatly (if I cannot read it, I cannot grade it).
1. [5 Marks]. Name five important technological innovations that occurred prior to 1700 A.D.
2. [5 Marks]. Describe (do not explain) in broad terms the pattern of economic development (and income
disparity across nations) prior to the Industrial Revolution and contrast this with patterns displayed
since then.
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3. [10 Marks]. Compare and contrast the Malthusian and Neoclassical perspectives on why population
tends to grow in response to technological advances that improve productivity. To the extent that a
policymaker wishes to legislate rules that improve per capita income, what sort of suggestions do these
two theories offer?
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