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The aim of this course is to introduce students the field of development economics. Students would understand fiscal discipline, monetary policy regimes, and exchange rate regimes as well as microcredits and income distribution.
Introduction to Macroeconomic Relationship and Market Structure. Explain Fiscal Deficits, Public Solvency and The Macroeconomy. Analyze Financial Markets, Capital Mobility and Monetary Policy. Exchange Rate Management. Analysis of Stabilization Programs. Growth, Debt and Stabilization Programs. Inequality and Poverty. Microcredits. Foreign Aid and Income Distribution.
Upon succesful completion of this course, a student will be able to
1. Discuss exchange rate management and monetary policy management.
2. Analyze stabilization programs and their impacts on the economy.
3. Review poverty and income distribution.
4. Discuss some simple economic models related to economic development and economic growth.
5. Place economic development theories in the social and political context.
6. Analyze the impacts of foreign aid and microcredits on the economy and development.
7. Explain capital mobility and its effects on financial markets.