International Development Policy
Faculty
Description
This course will be composed of lectures on graduate-level development economics. Topics covered will be:
1. Economic growth and human capital
2. Economics of aid, growth, and poverty reduction
3. Agricultural household models
4. Agency theory applied to the agricultural labor contracts in LDCs
5. LC-PIH, credit constraints, and poverty dynamics
6. Natural disasters and poverty dynamics
7. Economics of ROSCAs and micro-finance
8. The Arrow-Debreu model, risk-sharing, and repeated interactions
9. Designing micro-development programs to target the poor
10. Market externalities, coordination failure, and multiple equilibria
11. LC-PIH applied to current account dynamics
12. Models of debt and currency crises