date_range Starts on June 2, 2020
event_note End date August 19, 2020
list 11 sequences
assignment Level : Advanced
chat_bubble_outline Language : English
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Key Information

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timer 132 hours in total

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’sMaster’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 class, we will study some of the key theoretical and empirical ideas for why and how politics and institutions affect economic development. We will also look at a variety of empirical examples drawn from throughout the developing world.

We have three basic goals for this class:

  • Build a foundation for critical thinking about the role of political economy in understanding economic development.
  • Understand some core theoretical concepts in political economy, with illustrations from developing countries.
  • Understand empirical evidence in economics. What makes a good empirical study? How do we learn about the world empirically? What are some of the techniques we can use to better understand the world?

Course Previews:

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.

  • Key theories and concepts in political economy and their application to studying economic development.
  • Evidence from recent studies on the role of politics and institutions in economic development, and how to interpret their findings.
  • Empirical techniques and econometric tools to study political economy and development.
  • Data analysis using the software R.

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Prerequisite

Basic understanding of statistics and familiarity with microeconomics will be helpful for this course. There are no prerequisites, but you may find it helpful to take 14.100x (Microeconomics) and 14.310x (Data Analysis for Social Scientists) before this course.

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Syllabus

14.750x - Political Economy and Economic Development

Week One: Introduction
Week Two: Leaders and Democratic Institutions
Week Three: Deep Determinants of Economic Development: Macro Evidence
Week Four: Deep Determinants of Economic Development: Micro Evidence
Week Five: Voting Systems I
Week Six: Voting Systems II
Week Seven: Voting and Agency
Week Eight: Corruption I
Week Nine: Corruption II
Week Ten: Service Delivery and Discrimination
Week Eleven: Media

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Instructors

Abhijit Vinayak Banerjee
Ford Foundation International Professor of Economics, winner of the 2019 Nobel Prize in Economic Sciences
MIT

Benjamin Olken
Professor of Economics
MIT

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Content Designer

MIT

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.

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