AEM 7620

Microeconomics of International Development

Course Description

Course information provided by the Courses of Study 2024-2025.

This course introduces students to the key theories, canonical papers, and current frontiers in the microeconomics of international development. We cover topics related to agricultural household models, consumption smoothing, labor markets, trade and search, relational contracts, and public finance. Paired with AEM 7621 to form a graduate sequence in development economics.

When Offered Fall.

Prerequisites/Corequisites Prerequisite: completion of first-year Ph.D. course sequence in AEM or ECON or permission of instructor.

Course Attribute (EC-SAP)

• Explain, use, and critically assess the findings of frontier research papers in the economics of developing countries.
• Understand and apply core models of consumer-producer households, consumption smoothing, labor markets, sectoral change, and domestic trade to problems of growth, poverty, and resource allocation in developing countries.
• Interpret and evaluate empirical research on the economic and social impacts of policies and programs.
• Formulate succinct, informed arguments on a specific research area of the student's choosing related to the economics of developing countries.

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