OVERVIEW: Economic development policy seeks to improve the welfare of a population –
usually interpreted as inducing rapid and sustained economic growth (creating wealth) and
alleviating poverty (spreading wealth). This course will analyze a few key dimensions of how
this might be accomplished, and some of the main challenges for the poorest economies. It will
stress issues related to data and measurement of key variables. Much of the course will focus
on “growth” – what is current thinking about the types of policies most important to foster
growth? Working both individually and in groups, students will study experiences of a specific
country, resulting in 2 short papers and at least one presentation.
PRE-REQUISITES: Economics 101, Economics 102 (Micro and Macro Principles) and at least one
additional social science course.