Microeconomic Aspects of Economic Development
This course discusses various aspects of microeconomics of development using both theoretical and empirical evidence from the literature.
This is an elective course in the Economics major, designed for students who have taken all six core courses in the major and uses foundation knowledge acquired in earlier courses. It introduces students to an economic analysis of the development process at the micro-level of firms, households, and individuals. The process of development is situated in a historical perspective. Classic concerns such as poverty, land, credit are combined with newer issues such as global value chains, in-kind versus cash transfers, employment guarantee versus universal basic incomes, gender-based differences in the labor market, and the role of the environment in the process of development.