ECON 313 Lecture Notes - Lecture 18: Sub-Saharan Africa, Agricultural Productivity, Human Capital

• School: McGill University
• Department: Economics
• Course: ECON 313
• Professor: Sonya Laszlo

Document Summary

Introduction: macroeconomic models: education important for growth, microeconomic models: education important in many dimensions, health/fertility, better jobs/higher incomes, agricultural productivity, technology/r&d, democracy. Age: net increase in enrollment regardless of country, low-income countries are catching up with high-income countries, figure 17. 1: net primary school enrollment rates in. Saharan africa: figure 17. 2: net secondary school enrollment rates in. 2007 (%: highest in oecd, lowest in sub-saharan. Africa: table 17. 2: gender disparities in education, higher youth literacy rate than primary completion, low disparity in high income countries, slight disparity in middle income countries, largest disparity in low income countries. Ma(cid:272)(cid:396)oe(cid:272)o(cid:374)o(cid:373)i(cid:272) (cid:396)elatio(cid:374)ship: de(cid:448)elop(cid:373)e(cid:374)t(cid:859)s effe(cid:272)t o(cid:374) edu(cid:272)atio(cid:374: structural change. Macroeconomic relationship: edu(cid:272)atio(cid:374)(cid:859)s effe(cid:272)t o(cid:374) health, more and better education improves health outcomes, more knowledge and access to medication and health services. Improves nutrition, especially for children: edu(cid:272)atio(cid:374)(cid:859)s effect on fertility, awareness of family planning methods, opportunity cost of having children (higher labor market opportunities for women, net effect: education fertility rates.