AØKA08088U Advanced Development Economics (Micro Aspects)
This course will cover the microeconomics of development, and
will focus on approaches to understanding the behavior of
households and firms, and the functioning of markets and
institutions in developing countries.
Since development is a field with a strong empirical tradition, most of the course will be centered around discussing and evaluating the empirical strategies used in the literature.
Key topics in micro development will be covered including:
(i) Household economics and intra household allocation, (ii) Health and nutrition (iii) Human capital and education (iv) Land markets and property rights (v) Savings and credit (vi) Risk and insurance (vii) Social networks and learning (viii) Institutions and corruption (ix) Constraints to doing business (x) Firm-level productivity dispersion (xi) Technology adoption and spillovers (xii) Economic transition issues such as privatization (xiii) Project and program evaluation.
- To provide the students a critical overview of the recent literature and important debates within the micro aspects of economic development.
- To provide insight into methodological issues that arise when doing research on microeconomics of development. The emphasis will be on (i) How theoretical microeconomic hypothesis may be tested with data and (ii) how to identify causal relationships. Therefore, one aim is to gain some insight into what makes a good empirical study.
- To provide students with a “hands-on” experience on how to replicate empirical results using relevant econometric software. This will hopefully prepare students for original independent empirical research and help identify possible interesting thesis topics.
By the end of the course the students should be able to:
- Explain the main concepts and issues relevant to microeconomic problems of less developed countries.
- Understand and solve presented theoretical models and be able to present the models’ empirical prediction.
- Be able to present empirical results in a precise and consistent manor, as well as demonstrate a thorough understanding of the identification problems faced when carrying out empirical work.
Bardhan, P. and Udry, C. (1999). ”Development Microeconomics”, Oxford University Press.
Series of academic articles which will be made available on the course homepage
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationA 3 hours written examination taking place at Peter Bangs Vej 36.
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
100 % censurship
- Exam period
- Will be updated before the start of the semester
- Same as ordinary. But if only a few students have registered for the re-exam, the exam might change to an oral exams with a synopsis to be handed in. This means that the examination date also will change.
Criteria for exam assesment