Macroeconomics of Development

The principal problems of developing economies with a focus on policy.

In this course, you will learn to describe the basic structure of a dual economy and evaluate the supply and demand side approaches to the macroeconomy in the context of a developing country for policy implications. We will analyse mainstream and heterodox macroeconomic models of growth and structural change and extend them to make them more useful or realistic. You will apply these models to real data and write programmes in Stata/​R to estimate relationships between growth, employment, inequality and structural change.