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32400 Vorlesung: Micro Development Economics (WiSe 22/23)
Lecturers/instructors
Course times
Mo. 10:00 - 12:00 (wöchentlich), Ort: (PHIL) HS 3, Termine am Freitag. 27.01.23 14:00 - 18:00, Ort: (WIWI) HS 6Course venue
(PHIL) HS 3: Mo. 10:00 - 12:00 (11x), (WIWI) HS 6: Freitag. 27.01.23 14:00 - 18:00Start date
Mo., 17.10.2022 10:00 - 12:00 Uhr, Ort: (PHIL) HS 3ECTS credits
5Teaching contact hours per week
2
Description
This course is motivated by the idea that development requires a transformation in economic processes and changes in the underlying micro structures of a country so that the development potential of a country may be released. Accordingly, the aim of this course is to study and analyse households, firms and institutions engaged in the process of economic development. The course will rely mainly on micro economic analysis to study the interactions between these various agents. The course is broadly conceived and will draw on material from neoclassical economics, institutional economics, and behavioural/experimental economics.The course will introduce students to current debates and research in the microeconomics of development and examine the role of market imperfections, market failure and non-market institutions in shaping decisions. For example, the decision to attend school or to work may depend on credit constraints, the social and cultural environment in which households are located and investments made by the government in the availability and quality of schooling. The source of market imperfections, and the evolution of various non-market and governance institutions may in turn depend on various factors (e.g., history, location, factor endowments), which can help provide explanations of development or the lack of it.
Current research in this area blends theoretical models and empirical application. Accordingly, the course will draw on both types of work and will be divided into three broader blocks.
Home institution
Lehrstuhl f. Development EconomicsInvolved Institutions
Credit transfers
Sozial- und Bildungswissenschaftliche Fakultät > Master > Governance and Public Policy - Staatswissenschaften > Version WS 2015 > Gesamtkonto MR SW > Modulgruppe B: Schwerpunktmodule > Comparative Politics/Public Policy > 271080 | Micro Development Economics
Studienangebote in anderen Sprachen > Studienangebot in englischer Sprache
Philosophische Fakultät > Master > North and Latin American Studies > Version 1 > Gesamtkonto MR NLA > Modulgruppe C: Profilmodule > Management Marketing > 271080 | Micro Development Economics
Gefährdungspotenzial > Kein Gefährdungspotential der Veranstaltung für werdende und stillende Mütter (grün)
Sozial- und Bildungswissenschaftliche Fakultät > Master > Development Studies > Version WS 2015 > Gesamtkonto MR DVS > Specialisation > Economics > 271080 | Micro Development Economics
Sozial- und Bildungswissenschaftliche Fakultät > Master > Geographie: Kultur, Umwelt und Tourismus > Version WS 2018 > Gesamtkonto MR GKU > Modulbereich A: Kernmodulgruppen > Kernmodulgruppe Management und Marketing > 271080 | Micro Development Economics
Schwerpunkte der Universität > Nachhaltigkeit
Sozial- und Bildungswissenschaftliche Fakultät > Master > Geographie: Kultur, Umwelt und Tourismus > Version WS 2015 > Gesamtkonto MR GKU > Modulgruppe A: Kernmodule > Management und Marketing > 271080 | Micro Development Economics
Wirtschaftswissenschaftliche Fakultät > Master International Economics and Business > Version 1 > Gesamtkonto MR IEB > Governance, Institutions and Anticorruption > 271080 | Micro Development Economics
Sozial- und Bildungswissenschaftliche Fakultät > Master > Development Studies > Version WS 2015 > Gesamtkonto MR DVS > Study Skills > 271080 | Micro Development Economics
Geistes- und Kulturwissenschaftliche Fakultät > Master > Kulturwirtschaft / International Cultural and Business Studies > Version SS 2011 > Gesamtkonto MR ICB > Modulgruppe C: Schwerpunktmodule Wirtschaftswissenschaften > 271080 | Micro Development Economics
Online- und Hybridlehre > Präsenzveranstaltungen
Philosophische Fakultät > Master > North and Latin American Studies > Version WS 2015 > Gesamtkonto MR NLA > Bereich C: Profilmodulgruppen > Profilmodulgruppe II: Management Marketing > 271080 | Micro Development Economics
Geistes- und Kulturwissenschaftliche Fakultät > Master > Kulturwirtschaft / International Cultural and Business Studies > Version SS 2020 > Gesamtnote der Masterprüfung > Modulbereich C: \"Wirtschaftswissenschaften\" > Schwerpunktmodulgruppe \"Volkswirtschaftslehre\" > 271080 | Micro Development Economics
Wirtschaftswissenschaftliche Fakultät > Master Business Administration > Version 1 > Gesamtkonto MR BA > Lehrveranstaltungen aus anderen Masterprogrammen > 271080 | Micro Development Economics
Geistes- und Kulturwissenschaftliche Fakultät > Master > Kulturwirtschaft / International Cultural and Business Studies > Version WS 2014 > Gesamtkonto MR ICB > Modulgruppe C: Schwerpunktmodule Wirtschaftswissenschaften > 271080 | Micro Development Economics
Wirtschaftswissenschaftliche Fakultät > Master International Economics and Business > Version WS 2018 > Gesamtkonto MR IEB > Modulgruppe A: Core Courses > 271080 | Micro Development Economics
Sozial- und Bildungswissenschaftliche Fakultät > Master > Development Studies > Version SS 2019 > Gesamtkonto MR DVS > Modulbereich C: \"Specialisation\" > Modulgruppe \"Economics\": > 271080 | V+Ü Micro Development Economics
Fakultät für Informatik und Mathematik > Promotionsstudium
Juristische Fakultät > Promotionsstudium
Philosophische Fakultät > Promotionsstudium
Department für Katholische Theologie > Promotionsstudium
Wirtschaftswissenschaftliche Fakultät > Promotionsstudium
Pre-requisites
An 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 study
This 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.Assessments
Written exam 90 minIndicative reading list
Material
General background readings
"Economic Development" by Michael P. Todaro and Stephen C. Smith is available as an e-book in our university library. You can also use this direct link: https://elibrary.pearson.de/book/99.150005/9781292291208
- Course book with detailed information about the course.
- Readings
- 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.
"Economic Development" by Michael P. Todaro and Stephen C. Smith is available as an e-book in our university library. You can also use this direct link: https://elibrary.pearson.de/book/99.150005/9781292291208
For further lectures and seminars offered by the faculties in German please refer to the German version of this website.
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