Concentrating in Development Economics
The concentration in development economics would be well suited for students who are interested in studying the challenge posed by massive and persistent world poverty and in learning how the tools of economics can be used to shape policies designed to remedy this serious social problem.
The Development Economics concentration requires three subjects:
14.73 The Challenge of World Poverty
14.01 Principles of Microeconomics
and a more advanced subject in development economics. Usually the third subject will be either:
14.74 Foundations of Development Policy*
or
14.75 Political Economy and Economic Development*
An acceptable alternative set of courses would be 14.01, 14.74, and 14.75.
*N.B. It should be noted that both 14.74 and 14.75 have a prerequisite of 14.30 or an equivalent class in probability and statistics.
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