Courses

Introductory course in Economic Development, designed for non-majors. Students are introduced to the major issues in development economics. Students will explore empirical, theoretical, and policy issues in economic development. Emphasis is placed on the controversial issues in this literature, requiring students to explore competing, and often conflicting, perspectives of these issues. Prereqs., ECON 1000 or ECON 2010 and 2020. Restricted to non-majors. Prerequisites: Economic (ECON) majors are restricted from taking this course.

Explores competing paradigms of economic development, emphasizing the confrontation between the structuralist/dirigiste paradigm and the neoclassical public choice paradigm. Analyzes economic reforms under way in developing countries, including stabilization policy and structural adjustment. Also explores political reforms, including the pluralist revolution and the design of a constitutional framework in developing societies. Prereqs., ECON 3070 or 3080.

Explores empirical, theoretical, and policy issues ineconomic development. Examines topics with reference to the developing countries: income distribution and poverty, demographic change, labor force employment and migration, human capital, physical capital, natural resources and the environment, industrial structure, international trade, and finance. Prereqs., ECON 3070 or 3080.

Introduces theories explaining why differences in standards of living among countries are so large. Examines a variety of data on historical experiences of economic growth. Surveys recent research on why some countries are so rich and some are so poor, and why some countries grow so quickly and others grow so slowly. Prereqs., ECON 1088 or equivalent, and ECON 3070 or 3080.

Covers stabilization policy and structural adjustment. Specific topics include orthodox stabilization policies (fiscal, monetary, and exchange rate policies); heterodox stabilization policies (price, wage, and interest controls); trade liberalization; financial liberalization; privatization and deregulation. Prereqs., ECON 6070 and 6080.

Focuses on the problems encountered in countries evolving from planned to market economies. Emphasizes applications of new and traditional models of economic growth and analysis of problems unique to formerly planned economies. Prereq., ECON 6774 or 7010.

Explores empirical, theoretical, and policy issues in economic development. Examines political economy, income distribution and poverty, demographic change, labor force employment and migration, human capital, physical capital, natural resources and the environment, industrial structure, international trade and finance, stabilization policy, and structural adjustment. Prereqs., ECON 6774 or 7010. Prerequisites: Restricted to Graduate Students only.