Review Sheet, Final, Spring 2014, EC 340What are the 4 traps that Collier identifies in the Bottom Billion and what are the key underlying determinants of those traps?The different nature of the health problems in poor countries versus rich countriesHow the different nature of health problems (eg. Infectious vs. chronic diseases) in poor countries manifests itself in different public health prioritiesFactors that affect family investments in health inputsWhen are subsidies justified on economic efficiency grounds and at what levels of the system and for what kinds of services? The importance of externalities and market failures for this question. What is the empirical evidence related to this questionEconomics regarding combating HIV/AIDSWhat is the nature of the problem, where and who?Prevention versus treatment, at what costs, issues of quality of treatment delivery, opportunity costsOvervalued exchange rates as a form of taxation of farmersThe market and nonmarket returns to schoolingAllocative efficiency impacts of parental schooling on child schooling and child healthCosts of schooling: foregone income and cash costs and how they vary by level of schoolingPrivate and social rates of return to schooling: how they are computed and what they meanBe able to compute net present value of an investment if you are given benefits, costs and a risk-free market interest rateFactors that affect whether families send their children to school- economic model and evidenceProgresa, and other conditional cash transfer programsImportance and determinants of child laborStructural changeTypes of agriculture in poor countriesGreen revolution, its determinants and its impactsThe roles of private and public sectors in producing the green revolutionFactors explaining relative lack of green revolution in sub-Saharan AfricaThe types of taxation of agriculture: direct, indirect taxation and their definitions Historical differences between taxation of export crops and food cropsThe role of world commodity prices and industrial country trade and subsidy policies in success or not of agricultural exports from poor countriesIssues of intellectual property rights in agricultural and pharmaceutical researchHow does the informal sector contribute to firm growth?How do wage levels and other benefits of foreign firms compare to domestic firms in developingcountries?The role of families and friends in the startup and growth of small scale firmsMarginal product of capital in small scale versus large scale firms and its implicationMicrofinance- evidence pro and conGrameen Bank and how it worksWhat are economic models of fertility?How does family planning fit in?Demographic transitionImpacts of population growth on economic outcomesWhat is the economics of famines?Missing women and excess girl mortalityPoverty and inequality, measurement and relationships between the