Macroeconomic Principles: Underdevelopment, Unemployment, Poverty Cycle (Econ 103, Lec 13), Study notes of Introduction to Macroeconomics

A lecture note from the university of illinois' econ 103 macroeconomic principles course, focusing on the topics of underdevelopment, disguised unemployment, and the vicious cycle of poverty. The lecture covers the general characteristics of underdevelopment, the definition and potential uses of disguised unemployment in development, and the problems associated with the vicious cycle of poverty.

Typology: Study notes

Pre 2010

Uploaded on 03/11/2009

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Lecture 13 page 1/1
https://netfiles.uiuc.edu/camara/econ103/fall08/lecture13.pdf
University of Illinois Nov/21/2008
Econ 103 – Macroeconomic Principles TA Odilon Camara
Read Chapter 18 (Book)
1. Underdevelopment and Economics of Development (Chapter 18)
- General Characteristics of Underdevelopment
2. Disguised Unemployment (Read you notes from class)
- Definition
- How can it be used to start the development process?
- Problems
3. Vicious Cycle of Poverty (Read you notes from class)

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Download Macroeconomic Principles: Underdevelopment, Unemployment, Poverty Cycle (Econ 103, Lec 13) and more Study notes Introduction to Macroeconomics in PDF only on Docsity!

Lecture 13 page 1/

https://netfiles.uiuc.edu/camara/econ103/fall08/lecture13.pdf

University of Illinois Nov/21/ Econ 103 – Macroeconomic Principles TA Odilon Camara

Read Chapter 18 (Book)

  1. Underdevelopment and Economics of Development (Chapter 18)
    • General Characteristics of Underdevelopment
  2. Disguised Unemployment (Read you notes from class)
    • Definition
    • How can it be used to start the development process?
    • Problems
  3. Vicious Cycle of Poverty (Read you notes from class)