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Development Economics

Dienstag, 4. August 2009. How a GDP per Capita adjusted World Map looks like. I think this graph is just a stunning exercise. it depicts the relation of landmass to GDP per capita. It is just shocking but also amazing to see how distorted the world looks. Sub-Saharean Africa is virtually not existing. Also, check out the animation on worldmapper. It is an amimation that shows how the world map changes when moving from the number of people living of less than $1 per day to those living of $200 or more.

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Development Economics | fetzert.blogspot.com Reviews
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Dienstag, 4. August 2009. How a GDP per Capita adjusted World Map looks like. I think this graph is just a stunning exercise. it depicts the relation of landmass to GDP per capita. It is just shocking but also amazing to see how distorted the world looks. Sub-Saharean Africa is virtually not existing. Also, check out the animation on worldmapper. It is an amimation that shows how the world map changes when moving from the number of people living of less than $1 per day to those living of $200 or more.
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3 labels inequality
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7 labels microenterprises
8 microfinance
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10 investment in education
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Development Economics | fetzert.blogspot.com Reviews

https://fetzert.blogspot.com

Dienstag, 4. August 2009. How a GDP per Capita adjusted World Map looks like. I think this graph is just a stunning exercise. it depicts the relation of landmass to GDP per capita. It is just shocking but also amazing to see how distorted the world looks. Sub-Saharean Africa is virtually not existing. Also, check out the animation on worldmapper. It is an amimation that shows how the world map changes when moving from the number of people living of less than $1 per day to those living of $200 or more.

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Development Economics: Summary and thoughts on "The Economic Lives of the Poor" by Banerjee and Duflo (2007)

http://fetzert.blogspot.com/2009/08/test.html

Sonntag, 2. August 2009. Summary and thoughts on "The Economic Lives of the Poor" by Banerjee and Duflo (2007). This paper seeks to document the economic lives of the poor by looking at survey data from 13 developing countries. The definition of poverty is already one of the issues that poverty economists need to deal with. The paper presents the common $1 per day absolute poverty line. To get an idea on how poverty is distributed across the world, consider the map here. 56% - 78% of income on food.

2

Development Economics: Microenterprises and the Problem of Scale

http://fetzert.blogspot.com/2009/08/microenterprises-and-problem-of-scale.html

Dienstag, 4. August 2009. Microenterprises and the Problem of Scale. Banerjee and Duflo, in their paper, "The Economic Lives of the Poor" for which I wrote a small summary. Adress the problem of a lack of scale of microenterprises. This problem essentially means that many microenterprises operate at such a small scale, that they actually are not efficient. In microeconomic terms, efficiency is reached if average unit costs are minimized. Many of these businesses are probably operating at too small a.

3

Development Economics: How a GDP per Capita adjusted World Map looks like

http://fetzert.blogspot.com/2009/08/how-gdp-per-capita-adjusted-world-map.html

Dienstag, 4. August 2009. How a GDP per Capita adjusted World Map looks like. I think this graph is just a stunning exercise. it depicts the relation of landmass to GDP per capita. It is just shocking but also amazing to see how distorted the world looks. Sub-Saharean Africa is virtually not existing. Also, check out the animation on worldmapper. It is an amimation that shows how the world map changes when moving from the number of people living of less than $1 per day to those living of $200 or more.

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Microeconomic Principles: Features of Capitalist economics: trade and specialization, money and capital.

http://microeconomic-principles.blogspot.com/2009/08/features-of-capitalist-economics-trade.html

Thursday, 6 August 2009. Features of Capitalist economics: trade and specialization, money and capital. This article presents the three distinct features of any capitalist economy. Furthermore it explains the role of government in capitalist economies, which can be considered to be either fiscal policy or monetary policy. Specialization occurs, when people and countries concentrate their efforts. Individuals and countries then voluntarily trade. Capital is major factor of production; land and labor also ...

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Microeconomic Principles: What is a market? Who solves the three fundamental questions?

http://microeconomic-principles.blogspot.com/2009/08/what-is-market-who-solves-three.html

Monday, 3 August 2009. What is a market? Who solves the three fundamental questions? Is a mechanism through which buyers and sellers interact to set prices and exchange goods and services à in a market system, there are gains from trade! Through trade, one attains a good because he imposes a higher value on the good! At market equilibrium everybody who was willing to exchange goods has done so. Markets are steadily solving the three fundamental questions! How are the fundamental questions solved? Depends...

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Microeconomic Principles: What is Economics? The three fundamental questions of Economics.

http://microeconomic-principles.blogspot.com/2009/08/what-is-economics.html

Wednesday, 1 July 2009. The three fundamental questions of Economics. 8220;: An allocation is efficient, when it cannot make anyone economically better off without making someone else worse off. Two fields of economics studies. Microeconomics: branch of economics which today is concerned with the behaviour of individual entities such as markets, firms and households. Macroeconomics, concerned with the overall performance of the economy. Common fallacies in economic reasoning:. À the government answers th...

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Development Economics

Dienstag, 4. August 2009. How a GDP per Capita adjusted World Map looks like. I think this graph is just a stunning exercise. it depicts the relation of landmass to GDP per capita. It is just shocking but also amazing to see how distorted the world looks. Sub-Saharean Africa is virtually not existing. Also, check out the animation on worldmapper. It is an amimation that shows how the world map changes when moving from the number of people living of less than $1 per day to those living of $200 or more.

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HOME | John E. Fetzer Memorial Trust

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