Summary: Today we will continue to explore the determinants of economic growth and the barriers to it using Singapore as a case study.
Inquiry Question: What have been the most important factors in Singapore's economic development?
Listen to this podcast. Focus on this question as you listen: Zucman argues that there has been no change in income for the bottom half of the income distribution in the last 35 years, while the top 1% has gained greatly. If this is true why has it happened and what are the strengths and weaknesses of his conclusions?
Formative Assessment: You will have an assessment at the beginning of class. There will be three questions. I will use this rubric to assess your work.
Question #1 will be from my lecture (content knowledge).
Question #2 will be based on the podcast you listened to for homework (critical thinking).
Question #3 will require you to transfer what you've learned to a new problem (creativity).
WATCH Episode 3 of "The History of Singapore". We will only watch #3 but all all of the episodes are linked below, if you are interested or want to use them as part of your research.
We will have a summative discussion next class on this question: How does Singapore's history inform us about the determinants of economic growth and development generally? In order to be prepared for the discussion do the following.
COPY this document and COMPLETE the assignment to prepare for the discussion. Please print out your completed document and bring it to the discussion. This is your "Entry Ticket" for the discussion. If you do not have it your grade will be INC.
Upload the document from #1 to turnitin.com.
At least one of the cited works should be a scholarly source (a study by a PhD in Economics).
I will use this rubric to grade the discussion.