This combined regular and online course is designed for students to understand the concept and process of economic development using the relevant economic theories and models. To the extent development process involves social, political, institutional, historical and cultural aspects, the role of these non-economic factors and their interactions with economic approaches are discussed. Research in development economics ranges from macroeconomic theme (fiscal, monetary, industrialization, productivity, etc) to more micro subjects (infrastructure, institutions, family decision, etc) and external factors (capital flows, international cooperation, global institutions, etc).
Central to all topics are the policy implications and the corresponding impact analysis. Given the breadth of coverage, a selective approach is taken, and cases in developing countries including Indonesia will be used.
*This course is also available in Bahasa Indonesia