What are the main features of the Harris-Todaro model of rural-urban migration?
Answer:
Explain carefully the opportunity costs of a mother’s time, what may lead these to
change over time, and what effects these changes have on family decisions.
Answer:
Economists frequently urge governments of developing countries to replace import
quotas with import tariffs as a first step in a strategy that aims to reduce import
protection. What is the reasoning offered by economists to support this recommendation
to developing countries?
Answer:
Are developing countries experiencing a demographic transition much like the one
developed countries did at their earlier stages of economic development or are there
important differences?
Answer:
Describe briefly five major characteristics or problems of developing countries’
agricultural sector. Make reference to specific countries or regions where you can.
Answer:
Why do you think Uganda has been so successful at decreasing the prevalence of
HIV/AIDS?
Answer:
Assume a closed economy, perfectly elastic labor supply, and linear technology.
Suppose the incremental capital-output ratio (ICOR) is 3, the depreciation rate is 3%,
and the gross savings rate is 10%. Use the Harrod-Domar growth equation to determine
the rate of growth. What would the gross savings rate have to be to achieve 5% growth?
Assuming a perfectly elastic labor supply, state one criticism of this model from an
exogenous growth theory viewpoint and another criticism of this model from an
endogenous growth theory viewpoint.
Answer:
In what way is development economics greater in scope than traditional economics?
Answer:
Although Progresa/Oportunidades has been successful in Mexico, why might a similar
program not work elsewhere?
Answer: