International Economic Development

IED 401

Measuring Economic Growth and

Development

Ivan Borja
April, 2007
 Justification
 Poverty is a world issue (Sachs,
2005)
 Globalization requires a good
understanding of economic
development (Perkins, Radelet &
Lindauer, 2006)
 Historically, agriculture has been
the base of development
(Diamond, 2006)
 Facts, not paradigms
 Target Audience
 Senior agricultural development
major students in Zamorano
University, Honduras, Central
America
 Course Objective
 Concepts and patterns of economic
growth, economic growth and
development measurement, and
theories of economic growth will
be investigated to enhance the
analysis of countries’
performances.
 Purpose of the Course
 The primary purpose of this course
is to expose students with modern
theory and tools used by
economist in analyzing countries’
performances.
 Instructional Objectives
• Upon completion of this course,
International Economic Development
401 students will:
• Describe theoretical economic
development principles with
reference to the literature.
• Be able to order 10 developing
countries given the UN’s country
reports and based on their human
development index (HDI).
 Instructional Objectives
(cont.)
• Upon completion of this lesson,
International Economic Development
401 students will:
• Describe theoretical economic
development principles with
reference to the literature.
• Be able to order 10 developing
countries given the UN’s country
reports and based on their human
development index (HDI).
 Instructional Objectives
(cont.)
• Upon completion of this course,
International Economic Development
401 students will:
• Evaluate countries’ economic policies
with reference to appropriate
economic principles
• Elaborate a development country
report using economic theory,
performance indicators and own
analysis capabilities.
 Teaching Methods and
Delivery Systems
 Theoretical Foundations
 Discovery Learning (Bruner, J.)
 Teachers and students discuss issues and
concepts
 Situated Learning (Dewey)

Learning is part of daily living
 Teaching Methods and
Delivery Systems (cont.)
 Theoretical Foundations (continued)
 An Andragogical Model (Knowles et al.,
2005)

The need to know

The learners’ self-concept

The role of the learners’ experience

Readiness to learn

Orientation to learning

Motivation
 Critical Thinking
 “Achievement”
 Teaching Methods and
Delivery Systems (cont.)
 Lecture (knowledge, critical
thinking)
 Discussion (critical thinking)
 Discussion Leader (interest and
motivation)
 Knowledge-Experiences
(application, attitude change)
 Teaching Methods and
Delivery Systems (cont.)
 Guest Lecturer (fresh insight, new
information)
 Readings (knowledge, critical
thinking)
 Videos (interest)
 Projects (First-hand experience)
 Teaching Methods and
Delivery Systems (cont.)
 This Unit (3 hours):
 Video (creating interest)

Millennium Promise

Timing: 5 mins
 Readings (knowledge, critical thinking)
 Measuring Economic Growth and Development
(Perkins et al., 2006)

Preliminary Overview of the Economies of Latin Amer

Timing: Assigned before class
 Teaching Methods and
Delivery Systems (cont.)
 This Unit (cont.):
 Lecture and Discussion (knowledge, critical
thinking)

Measuring Economic Growth and Development (Perkins
et al., 2006)
 Timing: 60 mins
 Discussion Leader (interest and motivation)
 Preliminary Overview of the Economies of Latin America an

Timing: 45 mins
 Project (Hands-on experience)

Preliminary Overview of the Economies of Latin America an

Timing: 40 mins
 Feedback Methods
 Formative Evaluation
 Midterm Evaluation
 Students
 Course
 Evaluation Systems
 Summative Evaluation
 Performance Assessment
 Final Course Evaluation
 This Unit

Project (Instructional Objectives 1. and 2.)
 Key References
 Knowles, M.S., Holton, E.F., & Swanson,
R.A. (2005). The Adult Learner: The
Definitive Classic in Adult Education and
Human Resource Development (6th
ed.). Burlington, MA: Elsevier.
 Perkins, H.P., Radelet, S., & Lindauer,
D.L. (2006). Economics of Development
(6th ed.). New York, NY: Norton.
 Sachs, J.D. (2005). The End of Poverty:
Economic Possibilities for Our Time (1st
ed.). New York, NY: The Penguin Press.
Q&A