Development Economics

О курсе

Explore how economies develop, why poverty and inequality persist, and how policies can shape long-term economic growth. This Development Economics course is designed for learners interested in economics, public policy, international development, finance, and related fields who want to understand the forces shaping prosperity and human well-being. Build a strong foundation in development economics by examining GDP, human development, Sen’s capability approach, the Human Development Index, and the multidimensional nature of development. Explore the structural features of developing economies, including demographic change, rural–urban migration, productivity, industrialization, structural transformation, international trade, and social conflict. Learn how development thinking has evolved through major theories and approaches, including Rostow, Harrod–Domar, Lewis, dependency theory, export-led development, and the Washington Consensus. Go deeper into economic growth, institutions, geography, poverty, inequality, and international trade. Understand concepts such as poverty traps, coordination failure, growth models, convergence, the role of institutions, multidimensional poverty, inequality measurement, comparative advantage, trade policy, and trade liberalization. Develop the economic reasoning needed to understand development challenges and evaluate policy choices affecting growth, poverty, inequality, and global trade. Enroll now and deepen your understanding of how economies grow and societies progress.

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Debajit Jha

Associate Professor