This course provides both a general overview of topics in Development Economics during the first half of the class, and a special focus on Risk-Coping Mechanisms during the second half of the class. The topics covered for the first half include sustainable development, poverty and vulnerability, inequality, agricultural household models and impact assessment of development policies and programs. After that we will focus on how poor people in rural areas can cope with adverse risks. Hereby we will cover topics such as credit, insurance, migration and risk sharing agreements in social networks. We will look at economic theory, empirical applications, as well as related lab-in-the-field experiments. Prerequisite(s): ECON 800.3 and ECON 808.3 or permission of the instructor.
This course provides both a general overview of topics in Development Economics during the first half of the class, and a special focus on Risk-Coping Mechanisms during the second half of the class. The topics covered for the first half include sustainable development, poverty and vulnerability, inequality, agricultural household models and impact assessment of development policies and programs. After that we will focus on how poor people in rural areas can cope with adverse risks. Hereby we will cover topics such as credit, insurance, migration and risk sharing agreements in social networks. We will look at economic theory, empirical applications, as well as related lab-in-the-field experiments. Prerequisite(s): ECON 800.3 and ECON 808.3 or permission of the instructor.
