ECONOMIC DEVELOPMENT

Catalog description

How do families decide who gets educated and who goes to work? Why do some people remain unemployed even when jobs are available? How do institutions, laws, and cultural norms shape who works, where, and for how much - and what are the consequences of these decisions around the world? ECON GU4321 explores the economic lives of people in low- and middle-income countries, with a focus on family and labor market issues. We'll examine how individuals and families make decisions about work, education, and marriage - and how these choices are shaped by social norms, market failures, and government policies. The course tackles contemporary development challenges including women's labor force participation, discrimination in hiring and wages, the relationship between marriage markets and human capital investment, and how climate change reshapes employment opportunities. Using both theoretical and empirical tools, we'll analyze the policy implications of these issues