Economic Development

Catalog description

Economic Development (3) Why are some countries rich and some countries poor? This course introduces students to the leading issues in development economics at both the macro and micro levels. It weaves a historical overview of the last century with economic theory and empirical investigations, beginning with a discussion of developing country macro growth policies, the role of the state, debt, and the recent liberalization of foreign trade and financial policies. The focus then shifts to more micro-development topics such as poverty, inequality, education, health, gender, corruption, and crime. Usually Offered: fall and spring. Prerequisite: ECON-603, SIS-601, or minimum economics placement exam score of 75%.