Development Economics
MIT OpenCourseWare offers this advanced microeconomics course examining why some countries remain poor and how markets in developing economies function differently from those in wealthy ones. The curriculum works through human capital formation including education and health investment, then moves through labor markets, credit markets, and land markets before examining firm behavior and the public sector's role. The approach pairs theoretical models with empirical studies testing those models against real data from developing countries. Materials include lecture notes, readings, and assignments as posted on MIT OpenCourseWare, following MIT's standard free and open format with no enrollment or certificate. The course suits students who already have grounding in microeconomic theory and want to see it applied to poverty, market failure, and institutional gaps in low-income settings.