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Course14.77212 lectures

Development Economics: Macroeconomics

Prof. Robert M. Townsend · Massachusetts Institute of Technology

Start with lecture 1 At MIT OpenCourseWare

About

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.

Lectures

Lecture Videos and Slides

  1. Lecture 1: Finance, Growth, and Volatility 1 h 17 min · Video
  2. Lecture 2: Micro-Founded Macro Models 1 h 24 min · Video
  3. Lecture 3: Growth, TFP, and Inequality YouTube
  4. Lecture 4: Growth, TFP, Domestic and International Capital Flows 1 h 23 min · Video
  5. Lecture 5: Measurement in Development 1 h 23 min · Video
  6. Lecture 6: Insurance 1 h 24 min · Video
  7. Lecture 7: Capital Asset Pricing 1 h 24 min · Video
  8. Lecture 8: Macro Approaches to Consumption Smoothing and Risk Sharing 1 h 19 min · Video
  9. Lecture 9: Labor and Development 1 h 23 min · Video
  10. Lecture 10: Dynamic Financial Constraints 1 h 11 min · Video
  11. Lecture 11: Evaluation of a Large Scale Microfinance Experiment 1 h 17 min · Video
  12. Lecture 12: From Reduced Form to Structural Evaluation 1 h 22 min · Video

Syllabus and materials

At MIT OpenCourseWare, as the course publishes them.

Credits and licence

Institution
Massachusetts Institute of Technology
Department
Economics
Teacher
Prof. Robert M. Townsend
Term
Spring 2013
Level
Graduate
Language
English
Subjects
Economics, Society and politics
Source
MIT OpenCourseWare
Licence
CC BY-NC-SA 4.0, as MIT OpenCourseWare states it. Non-commercial use only. MIT OpenCourseWare's terms
Attribution
Prof. Robert M. Townsend. Development Economics: Macroeconomics. Spring 2013. Massachusetts Institute of Technology: MIT OpenCourseWare, https://ocw.mit.edu/. License: Creative Commons BY-NC-SA.
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