3013 Economic Development 1:30

This course emphasizes dynamic models of growth and development. It covers the meaning and of economic development, growth theories, poverty and economic distribution, the role of geography and institutions, fertility and population growth, the role of credit markets and microfinance, health and nutrition, education, female empowerment. 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. Macroeconomics deals primarily with the study and determination of economic activity. More specifically, topics for discussion include national income theory, monetary policy, fiscal policy, taxation, employment, price level, international trade, and economic development.