About the content
This course is part of the MITx MicroMasters program in Data, Economics, and Development Policy (DEDP). To enroll in the MicroMasters track or to learn more about this program and how it integrates with MIT’s Master’s Program in DEDP, please visit the MicroMasters portal.
The DEDP MicroMasters is part of edX’s free Online Campus program. Participating university affiliates can take DEDP MicroMasters courses free if you register before June 30th. If you are from a university participating in this edX opportunity,click here to redeem your coupon.
The DEDP MicroMasters is also part of the Workforce Recovery Acceleration Program. To apply for this program please click here.
In this course, we will study the different facets of human development in topics such as education, health, gender, the family, land relations, risk, informal and formal norms, public policy, and institutions. While studying each of these topics, we will delve into the following questions:
- What determines the decisions of poor households in developing countries?
- What constraints are poor households subject to?
- What is the scope for policy interventions (implemented by the government, international organizations, or NGOs)?
- What policies have been tried out? Have they been successful?
At the same time, you will discover modern empirical methods in economics, in particular Randomized Control Trials (RCTs). Throughout the course, we will expose you to all facets of empirical projects, from experimental design and ethical issues, to data collection and data analysis.You will have the chance to gain experience working with real data using software for statistical analysis during weekly assignments.
Our course previews are meant to give prospective learners the opportunity to get a taste of the content and exercises that will be covered in each course. If you are new to these subjects, or eager to refresh your memory, each course preview also includes some available resources. These resources may also be useful to refer to over the course of the semester.
A score of 60% or above in the course previews indicates that you are ready to take the course, while a score below 60% indicates that you should further review the concepts covered before beginning the course.
Please use the this link to access the course preview.
- Lessons from cutting edge research in development across a range of topics
- How to build and apply economic models relevant to concrete development situations
- How to design and conduct a randomized control trial to learn more about these questions
- Data management and analysis using the software R
Familiarity with high school calculus Basic understanding of statistics or econometrics Familiarity with introductory microeconomics
14.740x – Foundations of Development Policy
Week One: Introduction
Week Two: Nutrition and Productivity
Week Three: Education
Week Four: Gender & The Family
Week Five: Insurance
Week Six: Land and Property Rights
Week Seven: Credit
Week Eight: Savings
Week Nine: Public Finance
Week Ten: Political Economy
Week Eleven: Corruption
Abhijit Vinayak Banerjee
Ford Foundation International Professor of Economics, winner of the 2019 Nobel Prize in Economic Sciences
Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics, winner of the 2019 Nobel Prize in Economic Sciences
Professor of Economics
MIT is a world-class educational institution where teaching and research — with relevance to the practical world as a guiding principle — continue to be its primary purpose.
MIT is independent, coeducational, and privately endowed. Its five schools and one college encompass numerous academic departments, divisions and degree-granting programs, as well as interdisciplinary centers, laboratories and programs whose work cuts across traditional departmental boundaries.
Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with EdX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.