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Economic Development II Spring 2002 Department of Economics New ...
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Topic: Economic Development
Sort Desciption: important debates and recent empirical research on economic development. This semester we. will concentrate on microeconomic approaches to understanding ...
Content Inside: 1 Economic Development II Spring 2002 Department of Economics New York University Thursdays Room 715: 11:30 am 1:30 pm. Jonathan Morduch 269 Mercer Street Room 806b 4 Washington Square North Room 54 (212) 998-7515 Jonathan.Morduch@NYU.edu Office hours by appointment Objectives This course has multiple objectives. First is to introduce and evaluate some of the most important debates and recent empirical research on economic development. This semester we will concentrate on microeconomic approaches to understanding households markets and institutions. The second objective is to tackle methodological issues. In particular answering questions often involves disentangling causal relationships and avoiding biases due to unobserved heterogeneity (especially in behavioral responses unobservable personal characteristics and unobservable spatial variation). The lectures will review advantages and limits of new econometric techniques particularly those developed for analyzing panel data. The third objective is to provide an opportunity to write a research paper using household survey data. The research paper will be due at the end of the course in place of a final examination and individual topics will be determined over the course of the semester. 2 Course Requirements The course requirements are participation in class and the final paper. There will also be optional problem sets. Grades will be calculated according to: Class Participation 20% Final paper 80% Texts Two books will be used repeatedly and are worth buying: Angus Deaton The analysis of household surveys: A microeconometric approach to development policy. Johns Hopkins/World Bank 1997. Pranab Bardhan and Christopher Udry Readings in development economics volume II: Empirical microeconomics. MIT Press 2001. It will be assumed that students are familiar with basic concepts in modern development economics for which Debraj Rays course Development Economics I provides a thorough introduction (and f ...
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