Macroeconomics for Development
This module explores the key theories, models, policies and processes of development from a macroeconomic perspective, focusing on middle-income countries. These economies differ structurally from the advanced economies in important ways in their sectoral composition, relationship with international markets for goods, services and finance, and sources of dynamics. Examination of these structural features can help to explain the constraints to development in those economies, and their macroeconomic instability and vulnerability to crisis. The theories, models and policies examined in this module will help us to understand the long-term development of some of the largest, most dynamic, and most interesting economies in the world.