Political Economy of Development

(3 Credit Hours) · Undergraduate

The course will focus on why and how political institutions affect economic development. The goal is to understand core theoretical concepts in political economy, discuss the political determinants of economic policy choices and learn how to understand and evaluate empirical evidence. The course will use evidence and examples from both developed and developing countries. Topics will include the determinants of economic development, the role of historical circumstances and political leaders, the role of politics in creating or resolving economic crises and the constraints posed by corruption and political instability. Readings for the class will comprise selected academic papers, case studies and sections from books. Class assignments will include problem sets, exams and short paper/book reports.