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最終更新日:2024年3月15日

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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 to economic development, the 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 environment).
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時間割/共通科目コード
コース名
教員
学期
時限
5113190
GPP-MP5E10L3
Development Economics: Macroeconomic Approach
植田 健一
S1 S2
木曜4限
マイリストに追加
マイリストから削除
講義使用言語
英語
単位
2
実務経験のある教員による授業科目
NO
他学部履修
開講所属
公共政策学教育部
授業計画
This course will be organized as in the following outline (subject to some changes). Each topic will be based on a few academic papers or chapters of books. 1. Overview 2. Neo-classical growth theory I a.Kaldore’s facts b.Solow-Swan model 3. Neo-classical growth theory II a.Ramsey-Cass-Koopmans model 4. New growth theory I: linear technology a.AK model b.MRW (AKH) model c.Uzawa-Lucas model 5. New growth theory II: externality a.Romer model b.Division of labor c.Variety, quality, and R&D 6. Catch-up process in data a.Factor accumulation b.TFP difference 7. Barriers to development a.Lucas Paradox b.Labor boycott c.Productivity dispersion 8. Finance, institutions, and development a.Finance and growth regressions b.Institutions and finance regressions c.Theory-based approach on finance, institutions, and development 9. Heterogeneous agents a.Risk sharing, incomplete market, and moral hazard b.Aggregation and inequality 10. Occupational choice and migration a.Harris-Todaro model b.Occupational choice and general equilibrium c.Macroeconomics of micro finance 11. Family and life a.Altruism b.Fertility c.Value of life 12. Social issues a.Health b.Gender / Household production c.Environment 13. Final exam
授業の方法
Lecture (discussions encouraged)
成績評価方法
Class participation and final exam
教科書
No textbook
参考書
Daron Acemoglu, 2009, Introduction to Modern Economic Growth (Princeton University Press). Philippe Aghion, and Peter W. Howitt, 2009, The Economics of Growth (MIT Press). Robert J. Barro and Xavier I. Sala-i-Martin, 2003, Economic Growth, second edition (MIT Press). Gary S. Becker, 1993, Human Capital, third edition (University of Chicago Press). Kenichi Ueda, 2022-23, Macroeconomic Development (in Japanese), a series in Keizai Seminar, (Nihon Hyoronsha)
履修上の注意
Basic understanding of micro and macroeconomics as well as statistical methods / econometrics are necessary. A prerequisite is Macroeconomics for Public Policy (or its equivalent).