ECON 313 Study Guide - Final Guide: Sample Size Determination, Clearcutting, W. M. Keck Observatory
8 May 2012
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What is development economics how is it different from traditional economics and political economy. What is development: k, b, c, d, e. Amartya sen development as freedom of availability of commodities, functioning, capabilities. To help categorize, developed versus developing countries, ldcs (world bank definition) Increase the availability and widen the distribution of basic life sustaining goods. Expand the range of economic and social choices. Higher levels of inequality and absolute poverty. Larger rural populations, but rapid rural-urban migration. Lower levels of industrialization and manufacture exports. *note: this is not a comprehensive list of common features. For most of these points, it is unclear if they are causes and/or results of underdevelopment. The change in economic structure: declining share of agriculture in output and employment, declining proportion of disposable income spent on food. Urbanization: migration from rural areas to cities (arrival cities!, rise of urban poverty.
