Development Economics: Macroeconomics free videos and free material uploaded by Massachusetts Institute of Technology Staff .
- Micro-founded macro models
- Models with limited commitment
- Beyond limited commitment: Adverse selection, moral hazard, and their interaction
- Measurement: Financial accounts; household to national levels
- Risk-sharing and targeting
- Finance, CAPM
- Links to the macro literature: Incomplete markets
- Labor: Intensive / extensive and aggregation
- Explicit barriers and obstacles
- Program evaluation
- Expanding financial service and impact: Reduced form to structural method
This course emphasizes dynamic models of growth and development. Topics covered include: migration, modernization, and technological change; static and dynamic models of political economy; the dynamics of income distribution and institutional change; firm structure in developing countries; development, transparency, and functioning of financial markets; privatization; and banks and credit market institutions in emerging markets.
At MIT, this course was team taught by Prof. Robert Townsend, who taught for the first half of the semester, and Prof. Abhijit Banerjee, who taught during the second half. On OCW we are only including materials associated with sessions one through 13, which comprise the first half of the class.
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