ECON 507
Global Poverty and Economic Development Spring 2023
Division II Difference, Power, and Equity
Cross-listed ENVI 234
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Why are some nations rich while other nations are poor, and what can be done to end global poverty and promote shared prosperity? This course explores the historical determinants of global poverty and inequality, and analyzes the range of policy options available to promote economic development and equalize opportunities. Drawing on research in development economics, development studies, political science, and anthropology, we seek to understand the factors that shaped the global economy and contributed to the cross-country income disparities observed today. In addition, we’ll use the tools of modern empirical microeconomics to assess the possibilities for eliminating global poverty and underdevelopment in the future. Undergraduate students will receive 200-level credit and should not register at the 500-level.
The Class: Format: lecture; discussion
Limit: 25
Expected: 25
Class#: 3989
Grading: no pass/fail option, yes fifth course option
Requirements/Evaluation: short written assignments and empirical exercises; two individual take-home exams; final group project
Prerequisites: one economics course or permission of instructor
Enrollment Preferences: first-year and sophomore students
Distributions: Division II Difference, Power, and Equity
Notes: This course is cross-listed and the prefixes carry the following divisional credit:
ECON 204 Division II ENVI 234 Division II ECON 507 Division II
DPE Notes: This course provides a setting for students to learn about the causes and consequences of poverty in developing countries. It requires students to engage with questions of political and economic power, stressing attentiveness to how market relationships may not generate welfare-maximizing opportunities for poor and marginalized populations. Through exercises and a group project, the course builds analytical and empirical skills for diagnosing and addressing constraints on economic development.
Attributes: ENVI Environmental Policy
GBST African Studies
GBST Economic Development Studies
POEC Comparative POEC/Public Policy Courses

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