Vorlesung: 32400 Micro Development Economics - Details

Vorlesung: 32400 Micro Development Economics - Details

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Veranstaltungsname Vorlesung: 32400 Micro Development Economics
Untertitel Englisch
Veranstaltungsnummer 32400
Semester WiSe 23/24
Aktuelle Anzahl der Teilnehmenden 31
erwartete Teilnehmendenanzahl 75
Heimat-Einrichtung Lehrstuhl für Development Economics
beteiligte Einrichtungen Graduiertenzentrum
Veranstaltungstyp Vorlesung in der Kategorie Lehre (mit Prüfung)
Erster Termin Montag, 16.10.2023 10:00 - 12:00 Uhr, Ort: (WIWI) SR 027
Art/Form Präsenz
Voraussetzungen
An understanding of intermediate micro and macro‐economics and basic econometrics is required. Prior knowledge in development economics is an advantage. Students without any prior knowledge in development economics may read the books by either Perkins (2012), Ray (1998) or Todaro and Smith (2006) (see course book for details).
Lernorganisation
This lecture is organised in a set of lectures and tutorials (Übungen). Students are explicitly invited to actively participate in the lecture through questions and input for discussion. In the tutorials students solve set problems in relation to the lecture. In addition, students are invited to indicate those parts of the course for which they need additional training. This may refer to a particular theoretical model, an empirical method or a certain debate in development politics. Readings are essential to prepare the class and the exam.
Leistungsnachweis
Written exam 90 min
SWS
2
Literatur
Material
  • Course book with detailed information about the course.
  • Readings
  • Presentation Slides (script)
  • Set problems (tutorial/Übung)

General background readings
  • Banerjee, A.V. and E. Duflo (2005), Growth Theory through the Lens of Development Economics. In Philippe Aghion and Steven Durlauf (eds.), Handbook of Economic Growth, edition 1, volume 1, chapter 7, pages 473‐552 Elsevier. A working paper version can be downloaded at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=651483
  • Banerjee, A.V. and E. Duflo (2011), Poor Economics, Penguin Books.
  • Bardhan, P. and C. Udry (1999), Development Microeconomics. Oxford University Press: Oxford.
  • Basu K. (1997), Analytical Development Economics, Cambridge: MIT Press.
  • De Janvry, A. and E. Sadoulet (2016), Development Economics. Theory and Practice. Routledge, London.
  • Fafchamps, M. (2003), Rural Poverty, Risk and Development. Edward Elgar Publishing, Cheltenham.
  • Platteau, J.P. (2000), Institutions, social norms and economic development. Harwood Academic Publishers.
  • Perkins, D.H., S. Radelet, D.L. Lindauer and S.A. Block (2012), Economics of Development, Norton &
Company.
  • Ravallion, M. (2001), The Mystery of the Vanishing Benefits: An Introduction to Impact Evaluation.
  • World Bank Economic Review 15 (1): 115‐140. [Download: http://www.eclac.cl/ilpes/noticias/paginas/2/40352/ravallion__mystery_2001.pdf]
  • Ray D. (1998), Development Economics. Princeton University Press: Princeton.
  • Todaro M.P. and S.C. Smith (2006), Economic Development. 9th edition (or newer), Pearson: Essex.

"Economic Development" by Michael P. Todaro and Stephen C. Smith is available as an e-book in our university library. You can also use this direct link: https://elibrary.pearson.de/book/99.150005/9781292291208
Turnus
im Wintersemester
Qualifikationsziele
Students who have successfully participated in the Module “Micro Development Economics”

• understand the role of incentives and institutions in driving economic growth, reducing inequality and poverty, enhancing human development.
• apply advanced micro-economic theory to real world problems of development.
• assess and analyze the relevant economic and non-economic relations underlying the response of different agents such as individuals, households, firms, and government to processes of change.
• explain various methods to test micro-economic models empirically.
• interpret the findings from evaluations of targeted policy interventions and quasi-experiments.
Workload
Lecture 2 SWS (28 h Contact hours and 48 h Self study)
Tutorial 2 SWS (24 h Contact hours and 24 h Self study)
Exam Preparation (2 h Contact hours and 24 h Self study)

We are calculating with 15 semester weeks (14 lecture + 1 examination week).
Each SWS is included in the calculation with 60 minutes.
ECTS-Punkte
5

Studienbereiche

Die Angaben zu den Anrechenbarkeiten an der FIM sind ohne Gewähr. Bitte beachten Sie die verbindliche Liste der Anrechenbarkeiten .

Modulzuordnungen

Kommentar/Beschreibung

This course is motivated by the idea that development requires a transformation in economic processes and changes in the underlying micro structures of a country so that the development potential of a country may be released. Accordingly, the aim of this course is to study and analyse households, firms and institutions engaged in the process of economic development. The course will rely mainly on micro economic analysis to study the interactions between these various agents. The course is broadly conceived and will draw on material from neoclassical economics, institutional economics, and behavioural/experimental economics.

The course will introduce students to current debates and research in the microeconomics of development and examine the role of market imperfections, market failure and non-market institutions in shaping decisions. For example, the decision to attend school or to work may depend on credit constraints, the social and cultural environment in which households are located and investments made by the government in the availability and quality of schooling. The source of market imperfections, and the evolution of various non-market and governance institutions may in turn depend on various factors (e.g., history, location, factor endowments), which can help provide explanations of development or the lack of it.

Current research in this area blends theoretical models and empirical application. Accordingly, the course will draw on both types of work and will be divided into three broader blocks.