Development Economics (26:220:539)
Rutgers–Newark Division of Global Affairs
This course introduces macro and micro development models and issues. The first part gives an overview of growth theories and their empirical evaluation. Then institutional explanations of slow growth and underdevelopment are discussed. Students also learn about theories of market failure in credit and insurance markets, how the lack of financial markets affects households and firms in developing countries and the microfinance “revolution”. Furthermore, the course discusses issues and theories concerning poverty, nutrition and education. Before people can trade, invest, and be productive workers they need to have enough to eat, be free of disease and be sufficiently educated. The course also provides an introduction to the econometric evaluation of development programs. The course ends with a discussion of foreign aid and the controversy surrounding it.
Poverty in the United States (10:762:231)
Department of Planning and Public Policy, Edward J. Bloustein School of Planning and Public Policy
This course assesses of causes and consequences of poverty in the United States: economic, historical, and cultural factors, plus governmental solutions.