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  • Chapter 30: Growth and The Less-Developed Countries: Learning Objectives

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    The document outlines the steps to achieve learning objectives about economic growth and less developed countries. It includes reading textbook sections, completing graphing exercises, and listening to video clips. The objectives are to: 1) Compare characteristics of industrially advanced vs less developed countries. Advanced countries have high GDP per capita and technology-driven production, while less developed countries have lower output per person and less advanced capital. 2) Understand how private investment, the IMF, and World Bank aid poor countries through programs outlined in the textbook.

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    MACRO ECON QUIZ

    Titre original

    1133435068_372004

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    The document outlines the steps to achieve learning objectives about economic growth and less developed countries. It includes reading textbook sections, completing graphing exercises, and listening to video clips. The objectives are to: 1) Compare characteristics of industrially advanced vs less developed countries. Advanced countries have high GDP per capita and technology-driven production, while less developed countries have lower output per person and less advanced capital. 2) Understand how private investment, the IMF, and World Bank aid poor countries through programs outlined in the textbook.

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    12 vues1 page

    Chapter 30: Growth and The Less-Developed Countries: Learning Objectives

    Transféré par

    theplumber
    The document outlines the steps to achieve learning objectives about economic growth and less developed countries. It includes reading textbook sections, completing graphing exercises, and listening to video clips. The objectives are to: 1) Compare characteristics of industrially advanced vs less developed countries. Advanced countries have high GDP per capita and technology-driven production, while less developed countries have lower output per person and less advanced capital. 2) Understand how private investment, the IMF, and World Bank aid poor countries through programs outlined in the textbook.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme DOC, PDF, TXT ou lisez en ligne sur Scribd
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    sur 1

    Chapter 30: Growth and the Less-Developed Countries

    LEARNING OBJECTIVES
    The steps to achieve the learning objectives include reading sections from your textbook and the
    causation chain game, which is available directly on the Tucker web site. The steps also include
    references to Ask the Instructor Video Clips, the Graphing Workshop available through
    CourseMate on the Tucker website.
    #1 - Compare characteristics of industrially advanced countries (IACs) to characteristics of less
    developed countries (LDCs).
    Step 1

    Read the section in your textbook titled Comparing Developed and Less-Developed
    Countries.

    Step 2

    Read the Graphing Workshop Grasp It! exercise titled Production Possibilities.
    This exercise uses a slider bar to demonstrate economic growth based on the impact of
    technological change on the production possibilities curve for computers and cars.

    Step 3

    Create a new graph at the Graphing Workshop Try It! exercise titled Production
    Possibilities. This exercise illustrates an outward shift in the production possibilities
    curve.

    Step 4

    Play the Causation Chains Game titled Economic Growth.

    Step 5

    Listen to the Ask the Instructor Video Clip titled How Important Is the Rate of
    Economic Growth to You? You will learn how much the rate of growth means to the
    standard of living.

    Step 6

    Listen to the Ask the Instructor Video Clip titled Why Are Some Nations Rich, But
    Others Are Poor? You will learn the basic factors that determine which nations are rich
    and which are poor.

    The Result

    Following these steps, you have learned industrially advanced countries (IACs) are
    countries in which GDP per capita is high and output is produced by technologically
    advanced capital. Less-developed countries (LDCs) are countries with low production per
    person. In these countries, output is produced without large amounts of technologically
    advanced capital and well-educated labor.

    #2 - Understand the role of private investment, the International Monetary Fund (IMF), and World
    Bank in aiding poor countries.
    Step

    Read the section in your textbook titled The Helping Hand of Advanced Countries.

    The Result

    Following these steps, you have learned the role of private investment, the IMF, and
    World Bank in helping less-developed countries.

    Ch23-1

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