FRONTIERS IN DEVELOPMENT ECONOMICS 2
Theory and evidence on growth and development in emerging economies, with primary focus on globalization, trade, labor markets and human capital. We use open-economy general equilibrium models to examine welfare implications of global shocks and domestic economic policies.
Prerequisites & course information
Requisites: ECON 709 and 711 Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2025 Learning Outcomes: 1. Understand the general equilibrium approach to problems of economic growth and development. Audience: Graduate 2. Understand intersectoral linkages in factor and product markets as well as the constraints imposed by resource endowments, international markets, and domestic technology and preferences. Audience: Graduate 3. Apply models to parse the economic effects of exogenous events such as resource export booms, world market shocks and domestic policy innovations on prices, sectoral production, investment incentives, incomes and income distribution, and key measures of poverty and household welfare. Audience: Graduate 4. Interpret the implications of these results for long-run economic growth and development, including some political economy aspects. Audience: Graduate 5. Understand and work creatively with models of international trade and globalization insofar as they inform the development process. Audience: Graduate Learning Outcomes: 1. Understand the general equilibrium approach to problems of economic growth and development. Audience: Graduate 2. Understand intersectoral linkages in factor and product markets as well as the constraints imposed by resource endowments, international markets, and domestic technology and preferences. Audience: Graduate 3. Apply models to parse the economic effects of exogenous events such as resource export booms, world market shocks and domestic policy innovations on prices, sectoral production, investment incentives, incomes and income distribution, and key measures of poverty and household welfare. Audience: Graduate 4. Interpret the implications of these results for long-run economic growth and development, including some political economy aspects. Audience: Graduate 5. Understand and work creatively with models of international trade and globalization insofar as they inform the development process. Audience: Graduate
Sources
- Course catalogue ↗2026-2027