Intermediate Development Economics
The course first provides a macroeconomic perspective, which discusses what we know, and do not know, about the relation between growth and poverty reduction. Some of the questions addressed are: What might drive economic growth? Are there reasons to believe that average income levels will converge across the world? Does growth reduce poverty?
The second part of the course will then present a microeconomic perspective on the lives of the poor. First, we will talk about different reasons why "poverty traps" might emerge, situations where people in poverty stay poor because they are poor.
We will then talk about the role of credit and insurance markets. The course will devote separate lectures to the role of education and market integration as well as the role of agriculture for economic development. In doing so, we will discuss simple formal economic theories as well as evidence using a wide range of empirical methods.
This is a 7.5 credit course. Course material will be available on the learning platform.
Teaching Format
Instruction is given in the form of lectures. The language of instruction is English.
Assessment
The course is examined on the basis of a written exam and an oral presentation.
Examiner
See syllabus.





