User Account

All Pages

What is human development?

Assignment Help Microeconomics
Reference no: EM13696764

1. What is human development? How does the idea of the human development index help to capture aspects of development that are not only to do with income?

2. What happens over time in each graph? What is the trend in each variable in Mexico?
Using only these graphs, can we make any causative statements about the relationship between PROGRESA/Oportunidades and the changes in Mexico's HDI and GNI? That is, from the figures, can you say PROGRESA/Oportunidades caused changes in GNI or HDI?

3. Given what you explained in b. ii., why is IFPRI able to claim that PROGRESA caused these changes? Explain how the Mexican government (with IFPRI) could do a microeconomic impact evaluation (or randomized controlled trial) that helps to isolate causation.

4. Given the results reported by IFPRI (and other results explained in the textbook and in Poor Economics), what do you think the consequences of PROGRESA/Oportunidades will be for Mexico's human development index? Why? Do you think you can make any causative statements now between PROGRESA/Oportunidades and HDI?

5. With a model of household utility using indifference curves provide a graph to show the effect of a household getting a PROGRESA (or Oportunidades) grant from the government on its consumption of agricultural or food goods (x) and other goods (y). Explain what changes in your graph when a household receives the grant (show a 'before' and 'after' on the same set of axes in your graph).

Reference no: EM13696764

Questions Cloud

The federal government and the federal reserve bank : The Federal Government and the Federal Reserve Bank both use their respective policy tools to make "corrections" to the economy. As we learned, both entities are able to stimulate a sluggish economy, as well as "cool down" one that may be growi..
Market demand function for a local monopoly : Suppose P = 20 ? 2Q is the market demand function for a local monopoly. The marginal cost is 2Q. The firm currently uses a standard pricing strategy. Which of the following will allow the firm to enhance the profits?
A monopoly produces widgets at a marginal cost : A monopoly produces widgets at a marginal cost of $8 per unit and zero fixed costs. It faces an inverse demand function given by P = 38 ? Q. Suppose fixed costs rise to $200. What will happen in the market?
Management and a labor union are bargaining : Management and a labor union are bargaining over how much of a $50 surplus to give to the union. The $50 is divisible up to one cent. The players have one shot to reach an agreement. Management has the ability to announce what it wants first, and the..
What is human development? : 1. What is human development? How does the idea of the human development index help to capture aspects of development that are not only to do with income?
Track exchange rates-interest rates and gdp : Track exchange rates, interest rates, and GDP (and any other relevant measures) for Dominican Republic for the past 10-20 years (compared to the United States or another relevant country) and discuss the numbers in terms of the theory we have covered..
How much profit will the monopolist make : How much profit will the monopolist make if she maximizes her profit? What would be the value of consumer surplus in this monopoly market?How much consumer surplus would there be if this market was perfectly competitive? What is the value of the dead..
The recent dominican republic economic history : The recent Dominican Republic' economic history (since WWII) of the country or region with a focus on international finance, especially foreign exchange.
Dominican republic domestic economy : Discuss the impact of the recent (2008 to the present) international financial upheaval on Dominican Republic domestic economy and its international transactions.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd