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Last updated:

October 22, 2022

Duration:

Unlimited Duration

FREE

This course includes:

Unlimited Duration

Badge on Completion

Certificate of completion

Unlimited Duration

Description

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.

At MIT, this course was team taught by Prof. Robert Townsend, who taught for the first half of the semester, and Prof. Abhijit Banerjee, who taught during the second half. On OCW we are only including materials associated with sessions one through 13, which comprise the first half of the class.

Course Curriculum

  • Finance, Growth, and Volatility Unlimited
  • Micro-Founded Macro Models Unlimited
  • Growth, TFP, and Inequality Unlimited
  • Growth, TFP, Domestic and International Capital Flows Unlimited
  • Measurement In Development Unlimited
  • Insurence Unlimited
  • Capital Asset Pricing Unlimited
  • Macro Approaches to Consumption Smoothing and Risk Sharing Unlimited
  • Labor and Development Unlimited
  • Dynamic Financial Constraints Unlimited
  • Evaluation of a Large Scale Microfinance Experiment Unlimited
  • From Reduced Form to Structural Evaluation Unlimited

About the instructor

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Massachusetts Institute of Technology