Solution to Homework Assignment #3

The suggested answers to homework Assignment number 3.

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Lecture notes from Aug 2nd and Aug 3rd

Here are the lecture notes from Tuesday Aug 2nd, and Wednesday Aug 4th.

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Lecture Notes from August 1st

Here are the lecture notes for Aug 1st.

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Stiglitz: A new paradigm for development

Towards a New Paradigm for Development by Joseph Stiglitz forms an important part of our readings for this week (together with James Dorn’s paper — link in the previous post), and Peter Bauer’s paper (see the previous post.)

We will discuss this paper in class tomorrow.

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Markets, Traders, and Development

On Monday August 1st, we will discuss two articles. The first is by Peter Bauer, “Subsistence, Trade, and Exchange: Understanding Developing Economies.” I had distributed a hard-copy of the article in class on Thursday.

The other is by James A Dorn, “Sustainable development: a market-liberal vision” (The Electronic Journal of Sustainable Development (2007)). (Here is a downloadable PDF copy of the paper.)

It will be useful to read those two papers before class so that we can discuss the important points during class.

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Homework Assignment #4

Here is the long-awaited homework assignment number 4. It is due at the start of class on Tuesday Aug 2nd. A neat printout of your answers would surely be appreciated. Have a good weekend and see you in class on Monday.

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Meeting of July 28th

In this meeting, we did not have a slide presentation. Instead, we had an “open house” meeting where we addressed questions that were raised during class.

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