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Course Criteria
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4.00 Credits
Designed for students who are interested in the challenge posed by massive and persistent world poverty. Examines extreme poverty over time to see if it is no longer a threat, why some countries grow fast and others fall further behind, if growth or foreign aid help the poor, what we can do about corruption, if markets or NGOs should be left to deal with poverty, where to intervene, and how to deal with the disease burden and improve schools.
Prerequisite:
Prereq: None
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4.00 Credits
Explores the foundations of policy making in developing countries. Goal is to spell out various policy options and to quantify the trade-offs between them. Special emphasis on education, health, gender, fertility, adoption of technological innovation, and the markets for land, credit, and labor. Students taking the graduate version complete additional assignments.
Prerequisite:
Prereq: 14.01, 14.30
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4.00 Credits
Explores the foundations of policy making in developing countries. Goal is to spell out various policy options and to quantify the trade-offs between them. Special emphasis on education, health, gender, fertility, adoption of technological innovation, and the markets for land, credit, and labor. Students taking the graduate version complete additional assignments.
Prerequisite:
Prereq: 14.01, 14.30
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4.00 Credits
Explores the relationship between political institutions and economic development, covering key theoretical issues as well as recent empirical evidence. Topics include corruption, democracy, the natural resource curse, and war.
Prerequisite:
Prereq: 14.01, 14.30
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4.00 Credits
Broad introduction to political economy. Covers topics from social choice theory to political agency models, including theories of voter turnout and comparison of political institutions.
Prerequisite:
Prereq: None
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5.00 Credits
Addresses agricultural issues, such as peasant behavior, land tenancy, and interlinked markets; credit and insurance market problems and institutions; and health, nutrition, and productivity. Also covers gender bias, education, technological change, and government failures.
Prerequisite:
Prereq: 14.121, 14.122
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5.00 Credits
Dynamic models of growth and development emphasizing 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.
Prerequisite:
Prereq: 14.121, 14.451
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5.00 Credits
Economists and policymakers increasingly realize the importance of political institutions in shaping economic performance, especially in the context of understanding economic development. Work on the determinants of economic policies and institutions is in its infancy, but is growing rapidly. Subject provides an introduction to this area. Topics covered: the economic role of institutions; the effects of social conflict and class conflict on economic development; political economic determinants of macro policies; political development; theories of income distribution and distributional conflict; the efficiency effects of distributional conflict; the causes and consequences of corruption; the role of colonial history; and others. Both theoretical and empirical approaches discussed. Subject can be taken either as part of the Development Economics or the Positive Political Economy fields.
Prerequisite:
Prereq: 14.121,14.451
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3.00 Credits
Considers how institutions have been incorporated theoretically into explorations of growth and development. Four sets of institutions are examined in detail: the corporate sector, to study how ownership, strategy, and structure affect growth-related policies; financial institutions, to analyze how they condition savings and investment; labor market institutions, to investigate their impact on the determination of wage and production-related productivity; and the institutions associated with technology, such as universities, research laboratories, and corporate training centers, to consider how skill formulation is accomplished.
Prerequisite:
Prereq: 11.203
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3.00 Credits
Critical analysis of liberal, neoclassical, and Marxist perspectives on modern society. Alternative theories of economic growth, historical change, the state, classes, and ideology.
Prerequisite:
Prereq: Permission of instructor
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