Summary: Today we will continue to discuss the effects of poverty on individual economic behavior.
Inquiry Question: How does poverty shape individual economic behavior in South/Southeast Asia?
You should bring your position paper to class today and be prepared to do an oral defense of your claims, evidence, and reasoning.
ORAL DEFENSE: Meet with your teacher and answer questions about your research based on your claims, evidence, and reasoning. You will do this individually for about 5 minutes each.
READ: Read this article. It will introduce you to the content that we will be studying in our next topic. You will do this while waiting to do your oral defense. While you read, complete this reading guide. We will begin next class with a discussion of this article.
Required: Finish the article linked above and be ready for your TQE discussion.
Optional: Listen to this podcast. Focus on this question as you listen: How do new ideas differ from changes in the capital stock in regard to their effects on economic growth?
Paul Romer, Stanford University professor and Hoover Institution Senior Fellow talks with EconTalk host Russ Roberts about growth, China, innovation, and the role of human capital. Also discussed are ideas in creating growth, the idea that ideas allow for increasing returns, and intellectual property and how it should be treated. This 75 minute podcast is a wonderful introduction to thinking about what creates and sustains our standard of living in the modern world.