Macro Learning Objectives for questions over Exam 1 Form A

 

PCM

 ECON 2301 MACROECONOMICS   

Chapter 17

Below you will find the learning objective, concept, idea, term, or theory that each question on the exam will cover. The numbers in the list refer to the question number on Exam 4 that will test your knowledge of that specific learning objective. Each of these topics/learning objectives is discussed in the textbook in the order that they are listed below.  A much better understanding can often be attained by working through the "active graphs" and "smart graphs" connected to many of these objectives in the online material.

 
    After reading Chapter 17, you should be able to:
  1. Discuss the problems that are a priority for developing countries.
  2. Be able to identify which category of development a country is in and what characteristics it possesses in relation to life expectancy, per capita income, educational attainment, poverty, and population growth.
  3. Describe Rostow’s stages of economic development.
  4. Describe the goals on the United Nations’ development agenda.
  5. Discuss Malthus’ "dismal science" and population growth.
  6. Point out the incentives for population growth.
  7. Explain the connection between economic development and property rights.
  8. Identify the roles of the International Monetary Fund and the World Bank in economic development.
  9. Discuss the functions of the IMF.
  10. Describe how insecure property rights have hindered economic development in Russia.