Fri, Feb 10
Ch. 4, Political Economy
Discussion
- Answer the questions in your assigned box and offer relevant, original insights.
- Explain the importance of each key term on your list and present an example.
- Connect any relevant terms on your list to your assigned report. Be specific.
- What in your report did you find most surprising? Interesting? Useful? Why?
- For each Q4 answer, propose an appropriate/workable action we could take.
Terms, Etc.
Group 1
Box: IiA (132)
Report:
WHR
- capitalism
- central bank
- comparative advantage
- deflation
- economic liberalization
Group 2
Box: QM (136)
Report:
HDR
- Gini index
- gross domestic product (GDP)
- Human Development Index (HDI)
- hyperinflation
Group 3
Box: IiA (132)
Report:
WHR
- inflation
- laissez-faire
- market
- mercantilism
Group 4
Box: QM (136)
Report:
HDR
- monopoly
- nontariff regulatory barriers
- parastatal
- political-economic system
Group 5
Box: IiA (132)
Report:
WHR
- political economy
- property
- public goods
- purchasing power parity (PPP)
Group 6
Box: QM (136)
Report:
HDR
- quota
- regulation
- social expenditures
- tariff