TAILIEUCHUNG - Lecture Microeconomics (20/e): Chapter 25W - Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

In this chapter we will begin by distinguishing between industrially advanced countries and developing countries. We will look at the differences in incomes and GDP and the impact of poverty on humanity. Developing countries often face large obstacles to growth, so we will investigate these obstacles. Lastly we will discuss the role of government in the developing countries’ economies as well as the role of the industrially advanced economies. | The Economics of Developing Countries Chapter 25W Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. In this chapter we will begin by distinguishing between industrially advanced countries and developing countries. We will look at the differences in incomes and GDP and the impact of poverty on humanity. Developing countries often face large obstacles to growth, so we will investigate these obstacles. Lastly we will discuss the role of government in the developing countries’ economies as well as the role of the industrially advanced economies. Classifications Industrially advanced countries High income nations Well-developed market economies Per capita income $38,745 in 2010 Developing countries Middle income nations Low income nations Wide variation in income per capita LO1 LO1 The World Bank classifies countries into high-income, middle-income, and low-income brackets. The .

• Quản lý Nhà nước
• Lecture Microeconomics
• Economic problem
• Economic principles
• Economic policies
• Industrially advanced countries
• Obstacles to development
• Microeconomics theory
• Microeconomics applications
• Kinh tế vĩ mô
• Scope of microeconomic theory
• Normative analyses
• Demand curves
• Supply curves
• Consumer choice
• Theory of consumer choice
• Consumption choices
• Substitution effects
• Consumer choice theory
• Excise subsidies
• Economic efficiency
• Competitive equilibrium
• Relating output to inputs
• Empirical estimation
• Cost of production
• Shortrun cost
• Profit maximization
• Perfectly competitive markets
• Competitive model
• Excise taxation
• Monopolist’s demand
• Marginal revenue curves
• Product pricing
• Monopoly power
• Monopolistic competition
• Cournot model
• Game theory
• Economics of information
• Noncompetitive market models
• Iterated dominance
• Input demand curve
• Leisure choice
• Wage rates
• Minimum wage
• Hidden costs
• General equilibrium analysis
• Public goods