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Part B: Questions for Discussion (8 points)
a). How does the microeconomic theory of fertility relate to the theory of consumer choice?
b). Do you think that economic incentives and disincentives influence family size decisions? Explain your answer, giving some specific examples of such that incentives and disincentives.
Part C: Quantitative Analysis (Show all your work with graphical analysis).
Problem # 1: “Total Fertility Rate and Infant Mortality Rate” (10 points)
Please go to http://www.afdb.org/fileadmin/uploads/afdb/Documents/Publications/Selected_Statistics_African_Countries_2008_Volume_XXVII_01_Full_Report.pdf, and
a). Complete the following table that will depict total fertility and infant mortality rates for your African country in 1988-2007.
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