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We will study economic development, focusing on its link with inequality and economic growth. After an introduction to standard growth models, we analyze recent microeconomics approaches to failures of land, credit and insurance markets and their impact on development.
D. Ray "Development Economics" Ch. 1-15 (chapter 13 excluded).
Author | Title | Publisher | Year | ISBN | Note |
DEBRAJ RAY | Development economics | Princeton University Press | 1998 | 0691017069 |
Written exam.
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