Economics 172 Issues in African Economic Development Professor Ted Miguel Department of Economics University of California, Berkeley Lecture 1: Introduction to Economics 172 • Lecturer: Prof. Ted Miguel Email: emiguel@econ.berkeley.edu Office hours: Mondays 9-11:30am, Evans 647 • GSIs: John Bellows (jbellows@econ.berkeley.edu) Jessica Leino (leino@econ.berkeley.edu) • Enrollment issues: Desiree Schaan, GSI Coordinator (dschaan@econ.berkeley.edu), Evans 508-2 Economics 172: Lecture 1 2 • Reading packets at Bancroft Copy Central • Course structure: Part I: Economic Theories and Issues Part II: History, Institutions, and Politics • Prerequisites: Some economics and some statistics • Grading: Three problem sets – 30% Midterm exam – 30% Final exam – 40% Economics 172: Lecture 1 3 Economics 172: Lecture 1 4 Patterns of Global Economic Development • 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 Economics 172: Lecture 1 5 Economics 172: Lecture 1 6 Economics 172: Lecture 1 7 Economics 172: Lecture 1 8 Economics 172: Lecture 1 9 Economics 172: Lecture 1 10 • Other dimensions of human development: Infrastructure (e.g., roads, electricity) Democracy Violence / armed conflict Economics 172: Lecture 1 11 Economics 172: Lecture 1 12 Economics 172: Lecture 1 13 • For next time: Read Cooper (2002) and Kevane (2004) Economics 172: Lecture 1 14 Economics 172: Lecture 1 15 Economics 172: Lecture 1 16 Economics 172: Lecture 1 17 Economics 172: Lecture 1 18 Economics 172: Lecture 1 19