Economics: Development Economics

Development Economics applies basic tools of economics to key policy issues in developing countries and transition economies. This specialization discusses topics like: the role of constraints (for example through exposure to risk) on the ability of households to escape from poverty through asset accumulation; the potential for sustainable land use in areas with rapid population growth; the economic implications of migration. and the scope for economic growth through industrial development. These topics, along with aggregate aspects of growth and inequality, and broader issues of human development, shape the curriculum of the Development Economics specialization.

The approach of the specialization is strongly empirical, using case studies or survey data for individual households or firms to test competing theories and to evaluate the impact of implemented policy initiatives and specific development projects.