AEM 6620

Development Economics

Course Description

Course information provided by the 2021-2022 Catalog.

This course introduces students to the key theories, canonical papers, and current frontiers in the microeconomics of international development. Most of our time will be spent reading, analyzing, and discussing empirical research, as that reflects the current priorities of the field and the interests of most students. Theory will also play an important role. As we move through topics, we will read and discuss the key theoretical models that motivate empirical research in the microeconomics of international development.

Prerequisites/Corequisites Prerequisite: AEM 6080, AEM 6120, AEM 6700. Substitutes accepted on a case-by-case basis.

Outcomes

• Explain, use, and critically assess the findings of frontier research papers in the economics of developing countries.
• Understand and apply core models of consumer-producer households, consumption smoothing, labor markets, sectoral change, and domestic trade to problems of growth, poverty, and resource allocation in developing countries.
• Interpret and evaluate empirical research on the economic and social impacts of policies and programs.
• Formulate succinct, informed arguments on a specific research area of the student's choosing related to the economics of developing countries.

When Offered Spring.

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