The full title of this section from the IGCSE syllabus is:

‘Developed and developing economies: trends in production, population and living standards’

Image: Some rights reserved by souravdas

Here is what the syllabus requires of us:

Candidates should be able to:
• describe why some countries are classified as developed and others are not;
• recognise and discuss policies to alleviate poverty;
• describe the factors that affect population growth (birth rate, death rate, fertility rate, net migration) and discuss reasons for the different rates of growth in different countries;
• analyse the problems and consequences of these population changes for countries at different stages of development;
• describe the effects of changing size and structure of population on an economy;
• discuss differences in living standards within countries and between countries, both developed and
developing.

Light bulb There is a lot of overlap between this section of IGCSE Economics syllabus and the Geography (I)GCSE – if you are studying that subject, you will be able to use some of your Geography notes and resources too. Some of the websites given below are Geography revision pages.

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a) describe why some countries are classified as developed and others are not;

http://bit.ly/iiXPXW

http://bit.ly/i27iUG

http://bit.ly/fhv3iX

http://bbc.in/hTLPaP

http://bit.ly/gXBBzN

Quite a detailed, interactive site: http://bbc.in/hZmNJh

Note: development is bigger than economci growth. Think of economic growth as a key ingredient of development, a sub set of development. This video by geographyalltheway shows us that development can mean a lot of things:

b) recognise and discuss policies to alleviate poverty;

http://bit.ly/ePzkwQ

Aid

http://bbc.in/fs7CMa

http://bit.ly/eCmg2q

Fair Trade

http://bbc.in/gZG4k4

mobiuslive posted an excerpt video from eq.tv on fair trade:

And DiagramConsultores gives us this video on Fair Trade in the Domincan Republic:

Microfinance

http://bit.ly/hxHKEG

http://bit.ly/f4Ipbu

Video from Opportunity International:

WorldBank provides an example from Mauritania:

c) describe the factors that affect population growth (birth rate, death rate, fertility rate, net migration)

http://bit.ly/gXdxHd

Image: Some rights reserved by Aidan Jones

d) discuss reasons for the different rates of growth in different countries;

e) analyse the problems and consequences of these population changes for countries at different stages of development;

cheergalsal offers this summary of the Demographic Transition Model:

And geographyalltheway gives us this animated explanation:

http://bbc.in/htA601– and follow the links to the pages that follow this first one

Test your understanding here: http://bit.ly/g9Spcs

f) describe the effects of changing size and structure of population on an economy;

http://bit.ly/hTHYYU

g) discuss differences in living standards within countries and between countries, both developed and developing.

Wealth-Distribution_R9

Source: http://www.mint.com/blog/trends/mint-map-global-wealth-distribution/

Budget Planner – Mint.com

http://bit.ly/gsSV06