Economics – 1/19/11

I.  Bellwork: Q&A

• Economic Analysis  p 457
• Economic Analysis  p 459
• Economic Analysis  p 460

II. Objective:

Assess how factors such as availability of natural resources, investments in human and physical capital, technical assistance, public attitudes and beliefs, property rights, and free trade can affect economic growth in developing nations.

III.  Video:  Cameroon: Pipeline to Prosperity?

1. What project was to happen in Cameroon?
2. What was supposed to happen to the people of Cameroon as a result of the project?
3. What happened to the fishing near the project?
4. What company was involved in creating the project?
5. How much money was Cameroon to receive each year from the project?
6. What type of jobs were people given for the projects construction?
7. What problems were the Bumè people experiencing?
8. What would the World Bank do if Chad or Cameroon decided to act against the project?

IV. Classwork

A. Page 477 1-8 Q&A

V.  Chapter 16 test Tomorrow

VI.  Begin turning in your books

Economics F2010