Emerging Markets

Undergraduate

Emerging markets are economies transitioning from low- to middle-income status, experiencing rapid urbanization, increasing integration into global trade, and strengthening financial institutions. These countries, which include China, India, Brazil, Indonesia, South Africa, and Mexico, are characterized by stronger state capacity compared to other developing economies. This course exposes students to the challenges and opportunities faced by people and firms in emerging markets, with a special focus on policy reforms aimed at addressing such challenges. We cover contemporary issues in trade policy, taxation, labor markets, and welfare programs. Each theme is explored through empirical research published in leading economics journals, allowing students to derive evidence-based insights into policy effectiveness. Prerequisites: ECON 117 and ECON 121, or permission from the instructor. SO Th 4pm-5:55pm