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32401 Übung: Micro Development Economics (WiSe 22/23)
Course timesDo. 10:00 - 12:00 (wöchentlich), Ort: (HK 28) SR 010 (HA)
Course venue(HK 28) SR 010 (HA)
Start dateDo., 20.10.2022 10:00 - 12:00 Uhr, Ort: (HK 28) SR 010 (HA)
Teaching contact hours per week
Home institutionLehrstuhl f. Development Economics
Participants- To provide participants with the theoretical foundations of modern development economics, - To familiarize participants with the literature in the relevant domains, - To equip participants with the techniques necessary to derive hypotheses from the theory that can tested empirically, - To introduce participants to the key policy debates in the areas covered by this course.
Pre-requisitesAn understanding of intermediate micro and macro‐economics and basic econometrics is required. Prior knowledge in development economics is an advantage. Students without any prior knowledge in development economics may read the books by either Perkins (2012), Ray (1998) or Todaro and Smith (2006) (see course book for details).
Mode of studyThis lecture is organised in a set of lectures and tutorials (Übungen). Students are explicitly invited to actively participate in the lecture through questions and input for discussion. In the tutorials students solve set problems in relation to the lecture. In addition students are invited to indicate those parts of the course for which they need additional training. This may refer to a particular theoretical model, an empirical method or a certain debate in development politics. Readings are essential to prepare the class and the exam.
AssessmentsWritten exam 90 min
Indicative reading list
- Course book with detailed information about the course.
- Presentation Slides (script)
- Set problems (tutorial/Übung)
General background readings
- Banerjee, A.V. and E. Duflo (2005), Growth Theory through the Lens of Development Economics. In Philippe Aghion and Steven Durlauf (eds.), Handbook of Economic Growth, edition 1, volume 1, chapter 7, pages 473‐552 Elsevier. A working paper version can be downloaded at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=651483
- Banerjee, A.V. and E. Duflo (2011), Poor Economics, Penguin Books.
- Bardhan, P. and C. Udry (1999), Development Microeconomics. Oxford University Press: Oxford.
- Basu K. (1997), Analytical Development Economics, Cambridge: MIT Press.
- De Janvry, A. and E. Sadoulet (2016), Development Economics. Theory and Practice. Routledge, London.
- Fafchamps, M. (2003), Rural Poverty, Risk and Development. Edward Elgar Publishing, Cheltenham.
- Platteau, J.P. (2000), Institutions, social norms and economic development. Harwood Academic Publishers.
- Perkins, D.H., S. Radelet, D.L. Lindauer and S.A. Block (2012), Economics of Development, Norton &
- Ravallion, M. (2001), The Mystery of the Vanishing Benefits: An Introduction to Impact Evaluation.
- World Bank Economic Review 15 (1): 115‐140. [Download: http://www.eclac.cl/ilpes/noticias/paginas/2/40352/ravallion__mystery_2001.pdf]
- Ray D. (1998), Development Economics. Princeton University Press: Princeton.
- Todaro M.P. and S.C. Smith (2006), Economic Development. 9th edition (or newer), Pearson: Essex.
For further lectures and seminars offered by the faculties in German please refer to the German version of this website.