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Political Economy and Economic Development 
offered by MIT University

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  • Estd. 1861

Political Economy and Economic Development
 at 
MIT University 
Overview

Gain a comprehensive overview of Political Economy and Economic Development

Duration

11 weeks

Total fee

20,703

Mode of learning

Online

Course Level

UG Certificate

Political Economy and Economic Development
 at 
MIT University 
Highlights

  • Earn a certificate after completion
Details Icon

Political Economy and Economic Development
 at 
MIT University 
Course details

What are the course deliverables?
  • Key theories and concepts in political economy and their application to studying economic development
  • Evidence from recent studies on the role of politics and institutions in economic development, and how to interpret their findings
  • Empirical techniques and econometric tools to study political economy and development
  • Data analysis using the software R
  • Understand some core theoretical concepts in political economy, with illustrations from developing countries
  • Understand empirical evidence in economics. What makes a good empirical study? How do we learn about the world empirically? What are some of the techniques we can use to better understand the world?
More about this course
  • In this class, we will study some of the key theoretical and empirical ideas for why and how politics and institutions affect economic development

Political Economy and Economic Development
 at 
MIT University 
Curriculum

Week One: Introduction to Political Economy and Economic Development

Introduction to Political Economy and Economic Development

Perspectives on Political Economy

Week Two: The Role of Leaders and Democratic Institutions

Leaders and Democratic Institutions

Week Three: The Deep Determinants of Economic Development I: Macro Evidence

Deep Determinants: Macro Evidence I & II

Week Four: The Deep Determinants of Economic Development I: Micro Evidence

Deep Determinants: Micro Evidence

Week Five: Voting I

Voting Systems: Theory

Week Six: Voting II

Voting Systems: Evidence

Week Seven: Voting III

Voting and Agency: Evidence

Voting in Practice: Vote Buying, Voter Intimidation, and Clientelism

Faculty Icon

Political Economy and Economic Development
 at 
MIT University 
Faculty details

Abhijit Vinayak Banerjee
Abhijit Banerjee is the winner of the 2019 Nobel Prize in Economic Sciences. He was educated at the University of Calcutta, Jawaharlal Nehru University, and Harvard University. He is currently the Ford Foundation International Professor of Economics at MIT. Banerjee is a past president of the Bureau for Research in the Economic Analysis of Development, a fellow of the American Academy of Arts and Sciences and the Econometric Society, and has been a Guggenheim Fellow and an Alfred P. Sloan Fellow. He is the recipient of many awards, including the inaugural Infosys Prize in 2009, and has been an honorary advisor to many organizations including the World Bank and the government of India.
Benjamin Olken
Benjamin A. Olken is the Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics at MIT. His research focuses on the public sector in developing countries, including work on social safety nets, taxation, and governance. He has worked extensively in Indonesia for over 20 years, as well as in other contexts. Olken earned his PhD in 2004 from Harvard University. He is a Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL) and Scientific Director of J-PAL Southeast Asia and previously served as a Co-Chair of J-PAL's Governance Initiative. He is also the Editor of American Economic Journal: Applied Economics and the Co-Director of the NBER Development Economics Program.

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Political Economy and Economic Development
 at 
MIT University 
Contact Information

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