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ECS 3431 - Economics of the Caribbean Basin
The objective of this course is to introduce the student to the unique characteristics of the Caribbean Basin economies. These are small open economies that, although located in the same area, they are different in terms of their history, culture, language, population, as well as their social, political, and economic conditions. The students will learn about the Caribbean Basin region by sharing knowledge. It is intended to involve the students in an active learning experience to include many of the features that describe the Caribbean Basin area. Students will be required to participate in class discussions, work collaboratively with other classmates in group projects, as well as write individual essays and reports.
The Caribbean islands can be grouped into various classifications. By size, the Greater Antilles include Cuba, Dominican Republic, Haiti, Jamaica and Puerto Rico, while the other islands could be counted in among the Lesser Antilles. By language, English, Spanish, Dutch, and French are among those found. By political status some of these nations are independent while others are colonies or territories of the United Kingdom, France, the Netherlands, and the United States. With the exception of Cuba, all the other countries have some kind of democratic government. The common characteristic found is that all are small open economies. All these differences and similarities make the Caribbean an interesting area to study. As expressed by Dennis Pantin (2005), the study of “Caribbean Economics” started in 1950, with the paper “The Industrialization of the British West Indies” written by W. Arthur Lewis.
This course is offered during Summer B 2015 and all the work of a regular semester lasting 16 weeks has to be squeezed into 40 days. For this reason some of the assignments are due during weekends and/or national holidays. If you want to avoid working during those days, you are free to submit your work ahead of time. As group work is required for this course, it is very important that you coordinate with your team how work and responsibilities are is to be divided. You will affect others in the team and you will be affected by others in the team. Clear communication is necessary for the team to work properly. Remember that your grade in the course is your responsibility: if others do not submit their work you will have to take charge as it is your grade that is going to be affected. If you are not willing to work cooperatively then this course is not right for you.
These 25 countries will be divided into 10 groups as follows:
The class will be divided into ten groups to study the selected Caribbean countries. Data collection and research reports on the topics assigned will be prepared by each group. Adobe Connect will be utilized to communicate and record the collaboration between members of the groups. On a first-come, first-served basis, students will select to which group they want to belong to. There will be a maximum of 4 students per group. Essays and reports will be submitted for evaluation to turnitin.com, using the Assignment Dropbox.
Cuba, Cayman Islands
Dominican Republic, Turks & Caicos Islands
Jamaica, British Virgin Islands
Puerto Rico, US Virgin Islands
Haiti, Guadeloupe, Martinique
Trinidad & Tobago, Anguilla, St Kitts & Nevis
Bahamas, St. Lucia
Barbados, Antigua & Barbuda
Grenada, Dominica, Montserrat
St. Vincent & the Grenadines, Aruba, Bonaire, Curacao
http://hdrstats.undp.org/en/tables/ - This site allows the user to create custom tables based on indicators, countries, and years of choice.
ECLAC. (2011). Latin America and the Caribbean in the World Economy 2010-2011. The region in the decade of the emerging economies, available at: http://www.eclac.org/cgi-bin/getProd.asp?xml=/publicaciones/xml/4/44374/P44374.xml&xsl=/comercio/tpl-i/p9f.xsl&base=/comercio/tpl/top-bottom.xsl
The World Bank. Socio-Economic Database for Latin America and the Caribbean, available at: http://data.worldbank.org/data-catalog/sedlac
UNDP. Latin America and the Caribbean. Available at: http://web.undp.org/latinamerica/
UNDP. Caribbean Human Development Report, 2012. Available at: http://hdr.undp.org/en/reports/regional/latinamericathecaribbean/Caribbean_HDR2012.pdf
UNDP. First Human Development Report for Latin America and the Caribbean, 2010. Available at: http://content.undp.org/go/newsroom/2010/july/pnud-presenta-el-primer-informe-regional-sobre-desarrollo-humano.en
UNDP, Human Development Reports, available at: http://hdr.undp.org/en/
United Nations Statistical Division. Available at: http://unstats.un.org/unsd/methods/inter-natlinks/sd_natstat.asp
CARICOM Secretariat Regional Statistics. Available at: http://www.caricomstats.org/
Government Development Bank for Puerto Rico. Economic Indicators: Time Series. Available at: http://www.gdb-pur.com/economy/pr-monthly-economic-indicators-time-series.html
BIGS (The Brazilian Institute of Geography and Statistics), available at: http://www.ibge.gov.br/paisesat/main.php
World Bank – World Development Indicators. Available at: http://databank.worldbank.org/ddp/editReport?REQUEST_SOURCE=search&CNO=2&country=DOM&series=&period
United Nations, Millennium Development Goals, available at: http://www.un.org/millenniumgoals/bkgd.shtml
Other sources will be added throughout the semester, as needed.
This course has a pre-requisite of Principles of Economics, or instructor’s approval.
For more information about prerequisites, click here.
(Note to Developer: Use this for CAS)
COMMUNICATING WITH THE INSTRUCTOR
E-mail: Contact me via my Blackboard email, if needed, to discuss private matters related to course material. Expect a reply within 48 hours (if not sooner).
Discussion Forum: It will be used for class discussions and other postings of general interest that are directly related to the course. Everyone can read Discussion Forum postings; therefore, do not post private information that you don’t want others to read.
Adobe Connect: it will be used to record communication among groups of students working in groups to collect data and write reports. It can also be used to conduct Office Hours, as needed, at previously agreed dates and times.
COURSE REQUIREMENTS AND GRADES
A. The Meaning of Letter Grades.
"A" is given only for excellent work.
"B" is awarded for good work.
"C" is fair or satisfactory work.
"D" is given for poor work.
"F" is unsatisfactory or failing.
B. Assignment Values
MAXIMUM USABLE POINTS
Introduction (1 required)
Introduce yourself and welcome others in the Open Forum discussion board conference during the 1st week of course and join a study group.
Due by June 26, 2015
1 @ 10 pts
Syllabus Quiz (1 required)
Take during the 1st week of class as directed.
M2A1:Data collection to fill Tables 1-2-3-4-5-6-7 and Quiz # 1
10 points for data collection/collaboration/compilation, 10 points for the quiz and 10 points for submission of the data at the time the quiz is taken
M3A4Essay evaluating W. Arthur Lewis article
M3A1, M3A2,M3A3, M4A1, M4A2
10 points each
Essays evaluating social and economic conditions, to be submitted through turnitin.com: M3A1, M3A2,M3A3, M4A1, M4A2 (2 reports for each one) at 10 points each
5 quizzes corresponding to M3A1, M3A2, M3A3, M4A1 and M4A2 (10 points each + 5 points for the compiled tables to be submitted with each quiz)
MAXIMUM TOTAL USABLE POINTS IN THIS COURSE =
Your grade will be based on your performance on the course requirements. Points are earned based on the values for each course requirement stated above. Grading Criteria are used to evaluate these activities.
C. The following grade scale will be used to determine your semester grade.
POLICIES AND PROCEDURES
As a college, we care about and enforce the Policies and Procedures as they are important to the quality of the education we are providing to you. Details on FIU Policies can be found at:
As a college, we care about students with special needs. To receive these services it is required from the student to self-identify as a student with a disability and to present required documentation. For further information and to register at the Disability Resource Center, you can visit the DRC at the MMC in Graham Center, Room 190 or at the BBC in Wolfe University Center Room 131. To make an appointment you have the following options: call MMC at 305-348-3532, or send an email to: email@example.com; at the BBC you can call 305-919-5345 or send an email to: firstname.lastname@example.org
FIU LIBRARY SUPPORT
The FIU library provides a number of services to distance learning students. For example:
Students can request a chat session in Blackboard for an explanation on how to access library resources.
Students can request detailed instructions on how to access library resources.
One-on-One assistance from the Distance Learning Librarian.
Don't struggle through your library research alone! Help is available. For further information, contact Sarah Hammill, Distance Learning Librarian, via email at email@example.com or call 305-919-5604.
You can visit the FIU Library at: http://library.fiu.edu/
Each Module has specific assignments, as indicated for each Activity, with specific due dates. All assignments are to be evaluated by turnitin.com as they are submitted to the Assignment Dropbox. The Assignment Dropbox is linked to the Grade book and this is the only way in which grades are counted. Work submitted by emails will not be accepted as they are not evaluated by turnitin.com
EXPECTATION OF THIS COURSE
This is a fully online course, meaning that all course work (100%) will be conducted online. Expectations for performance in fully online courses are the same as for traditional courses; in fact, fully online courses require a degree of self-motivation, self-discipline, and technology skills that can make them more demanding for some students.
Fully online courses are not independent study courses. You will be expected to interact online with the professor and your fellow students; to do assignments; to meet deadlines; and in many classes, to work in virtual groups.
Tips for Success in your online course, click here.
It is very important that online etiquette be followed at all times. You should be aware of the common rules of netiquette and employ them at all times. In particular, follow the following rules: (1) do not use all CAPITAL LETTERS for a message, (2) always practice good grammar, (3) use spell check and proofread your messages before posting, and above all, (4) be respectful and considerate with your classmates,. For additional information on Online Etiquette, click here.
COURSE CALENDAR: June 22-July 31, 2015
Modules and Topics
Review and fully familiarize yourself with the course and site.
Print and read the course syllabus and course calendar.
Introduce yourself to the class including your picture.
Take the syllabus quiz.
Select a group you want to belong.
Submit your evaluation and analysis of a video dealing with a Caribbean issue.
June 27-July 1
M2A1: Getting to know the Caribbean region: Location of the countries, capital city, territorial extension, language, total population, overall GDP, currency, , population by gender, population urban/rural, population density, birth rate, mortality rate, life expectancy, literacy rate, historical aspects.
M3A1: Social Indicators
M3A2: Economic Indicators
M3A3: Changes in the economic sectors in the last 20/30 years: agriculture, mining, manufacturing, services
M3A4: W. Arthur Lewis and the Industrialization of the Caribbean economies