14.772 Development Economics: Macroeconomics

As taught in: Spring 2009

Photograph of landscape of rice fields on a plain surrounded by mountains. The mountains are wooded and the rice fields are bright green.

View of rice fields on top of Wat Khao Chong Pran, Thailand. (Courtesy of IRRI Images on Flickr.)

Level:

Graduate

Instructors:

Prof. Michael Kremer

Prof. Robert Townsend

Course Features

Course Description

This course emphasizes dynamic models of growth and development. Topics covered include: migration, modernization, and technological change; static and dynamic models of political economy; the dynamics of income distribution and institutional change; firm structure in developing countries; development, transparency, and functioning of financial markets; privatization; and, banks and credit market institutions in emerging markets.

This course contributes to the fulfillment of requirements for the Development field for Economics Ph.D. students at both Harvard and MIT. This course is jointly taught by Harvard and MIT instructors. The Harvard course is Economics 2390c Development Economics II: Macroeconomic Issues.

Technical Requirements

Special software is required to use some of the files in this course: .dta and .xls.