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Development Economics: Macroeconomic Approach
Development Economics: Macroeconomic Approach
Understand key policy issues in macro development from both theoretical and empirical perspectives. First, students are expected to build theoretical foundations through neo-classical growth theory and the new growth theory. Second, students are expected to build empirical foundations through key data analyses for the catch-up process of developing countries. Third, students are expected to recognize various barriers for economic development, effects of removing barriers in the development process (of now advanced countries), and policy implications from the related studies. In addition, students are expected to find that key barriers lie in the financial system and the labor markets as well as in the social institutions (e.g., family and gender issues).
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