Development economics: macroeconomics

Lectures: 2 sessions / week, 1.5 hours / session

Recitations: 1 session / week, 1 hour / session

This class contributes to the fulfillment of requirements for the Development field for Economics Ph.D. students at MIT. Students should have taken or be concurrently taking:

14.121 Microeconomic Theory I

14.451 Macroeconomic Theory I

14.382 Econometrics I

The grade will be based on:

Two problem sets will cover theoretical and empirical problems related to papers discussed in class. One problem set will consist of an empirical exercise that will extend material covered in class.

The research proposal should consist of a research strategy to address questions that came up during the class. Ideally such proposals could lead to a third year paper. We will discuss the proposals during the last lecture of the class. We plan to have three or four students presenting their proposals. All research proposals are due in the last lecture.

The students in this class were encouraged to attend the Development seminar or the Macro seminar on MIT's campus. The following topics were covered:

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