Todays plan is as follows:
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- Important announcement: for full-time EBA students, please note that the pre-requisite for this course is Micro II (2952303), not micro I (2952301). I have been informed that the registrars office will enforce this, so if you have not yet satisfied this requirement, unfortunately this course will not count for credit. These terms should not affect exchange students.
- Reminder: if you have not yet done so, please fill out the student details form.
- We will start by finishing our discussion of the concept of development.
- Next we will discuss Sen (1988)* and the ethical foundations of economic analysis.
- Time permitting, we will begin discussing institutions, review dependence theories, and start building on the core-periphery models and modify them with the class corrective.
- Next week we will discuss chapter 3, “The Making of Prosperity and Poverty,” in Acemoglu, D. and Robinson, J.A. (2012) Why Nations Fail: The Origins of Power, Prosperity, and Poverty. New York: Crown Business.
- If you really want to get a head start on the readings, in three weeks we will likely discuss chapter 2, “The Pentagon-CIA Archipelago,” in Chomsky, N. & Herman, E. S. (2015, 1979) The Political Economy of Human Rights Vol I: The Washington Connection and Third World Fascism. London: Pluto Press.
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- * Sen, A. (1988). The concept of development. Handbook of development economics, 1:9-26.