Labor / Development

Courses Offered


(Cross-listing: Applied Microeconomics – History / Institutions)
The course provides an overview of the historical and comparative approach to understanding how institutions evolve and shape growth. The historic approach is covered in the first half of the course; and, the law and finance literature is surveyed in the second half. Students will develop following tools that institutional economists use: 1) identifying a potentially useful natural experiment, 2) validating the natural experiment; 3) characterizing the inferences that can be drawn from this potential natural experiment; 4) manipulating general equilibrium, contract and game theory models for making predictions about the functioning of institutions. Sample syllabus

This course teaches core topics in the field of labor economics. The goal of this course is to synthesize theory, econometrics, and empirical work in labor economics. Topics such as wage determination, wage structure, discrimination, human capital, labor supply, schooling, immigration and household-decision making are covered.