OAFP 5405 - Development Economics

This course surveys the challenges faced by emerging economies and the main debates in development economics. For each topic, we discuss the questions raised, the academic research addressing them, and the possible policy responses. Much of this course deals with topics in micro-development: consumption, health, education, gender, marriage, fertility, firms and labor markets, and relies on a combination of theory and empirical analysis. By the end of the course, students should be able to understand, evaluate and design interventions in developing countries.

Students will build both quantitative skills (reading empirical evidence, understanding identification and the basic econometrics of impact evaluation, interpreting economic models) and qualitative skills (critical assessment of policy, intervention design and clear communication). The group project develops collaboration and the ability to connect theory and real evidence to real-world constraints.

Familiarity with basic statistical concepts and regression analysis is required.

The course will be delivered through a combination of lectures, group work, and case studies. Guest lecturers with expertise in development economics might also contribute to one of the sessions. Students will engage in hands-on projects to apply theoretical concepts in practical scenarios.

Project: 30%; Midterm exam: 20%; Final exam 50%

The grade will be entirely based on a group project, carried out in groups randomly formed at the beginning of the semester. The students will be required to design and evaluate an intervention in a developing-country context, document it in a report, present it in class, and defend it in a structured debate against another group. The grade will be based on the written report, the oral presentation, and the debate.

Students are expected to complete weekly readings and participate in group discussions. Regular review of lecture materials and engagement with supplementary resources are crucial for mastering the course content.