Abegaz, Feldman, Y. Rodgers. A survey of theories that seek to explain the process of economic development and the contrasts in economic performance among low-income countries. Emphasis on the link between the economy and institutions, both market and non-market. Topics in Economics. Seminar classes, normally 10-15 junior or senior economics concentrators, focusing on specific topics in economic theory or policy.
Topics vary by section and semester to semester.
An investigation of contracts and other devices that harness self-interest. The aim is to determine the conditions under which the mechanisms generate socially optimal outcomes. Calculus is used to identify and evaluate outcomes. Cross Section Econometrics. Economic data often come as a cross-section of data points, frequently collected as part of a sample survey.