ECON 4760 - Microeconomics of Development

5 credit hours
People in developing countries face a large number of issues that affect their well-being negatively. Most have low income that vary substantially over time, significant health risk, and markets that are either missing or do not work as efficiently as in developed countries. The purpose of this class is to examine how much people respond when faced with markets that are non-perfect and especially what policies can be introduced to improve people’s lives. focus will be on the microeconomic aspects of devlopment, especially on how households behave, and we will show how to extend and adapt the standard economics tools to analyze real-world situations.

Prerequisite Course(s): ECON 2110, 3100