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September 21, 2023


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14.772 Development Economics: Macroeconomics (Spring 2013, MIT OCW). Instructor: Professor Robert M. Townsend.

This course emphasizes dynamic models of growth and development. Topics covered include: 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. (from ocw.mit.edu)

Course Curriculum

  • Lecture 01 – Finance, Growth, and Volatility Unlimited
  • Lecture 02 – Micro-Founded Macro Models Unlimited
  • Lecture 03 – Growth, TFP, and Inequality Unlimited
  • Lecture 04 – Growth, TFP, Domestic and International Capital Flows Unlimited
  • Lecture 05 – Measurement in Development Unlimited
  • Lecture 06 – Insurance Unlimited
  • Lecture 07 – Capital Asset Pricing Unlimited
  • Lecture 08 – Macro Approaches to Consumption Smoothing and Risk Sharing Unlimited
  • Lecture 09 – Labor and Development Unlimited
  • Lecture 10 – Dynamic Financial Constraints Unlimited
  • Lecture 11 – Evaluation of a Large Scale Microfinance Experiment Unlimited
  • Lecture 12 – From Reduced Form to Structural Evaluation Unlimited

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