ECON 173 CM - Economic Development

This course surveys contemporary economic thinking as to why some countries are poor and others are rich, and how underdeveloped economies function. This course will explore the conditions under which markets fail and investigate the role of government intervention as a means to correct such failures. The course will examine five main topics: growth and development, poverty and inequality, the role of institutions, formal and informal financial markets, and investment and trade.

Prerequisite: ECON 101 CM

Offered: Every other year

Credit: 1

Course Number: ECON173 CM