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Foundations of Development Policy

Examine the different facets of human development, including education, health, gender, the family, land relations, risk, public policy, and institutions. At the same time, discover modern empirical methods in economics while working with real data.

Foundations of Development Policy

Examine the different facets of human development, including education, health, gender, the family, land relations, risk, public policy, and institutions. At the same time, discover modern empirical methods in economics while working with real data.

The course is free to audit. Learners can take a proctored exam and earn a course certificate by paying a fee, which varies by ability to pay. Please scroll down for more information on the verified and audit track features and see FAQ articles for more information on the pricing structure. Enroll now in this course by selecting the "enroll now" button at the top of the page.

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This is an ADVANCED elective course within the International Development Track of the MITx MicroMasters program in Data, Economics, and Design of Policy (DEDP), which provides a path toward the Master’s in DEDP at MIT. Five total courses (3 core, 2 electives) are needed to complete the International Development MicroMasters Program Credential in DEDP. For more information on DEDP MicroMasters program requirements, please visit our FAQ page.

In this course, we will study the different facets of human development in topics such as education, health, gender, the family, land relations, risk, informal and formal norms, public policy, and institutions. While studying each of these topics, we will delve into the following questions:

  • What determines the decisions of poor households in developing countries?
  • What constraints are poor households subject to?
  • What is the scope for policy interventions (implemented by the government, international organizations, or NGOs)?
  • What policies have been tried out? Have they been successful?

At the same time, you will discover modern empirical methods in economics, in particular Randomized Control Trials (RCTs). Throughout the course, we will expose you to all facets of empirical projects, from experimental design and ethical issues, to data collection and data analysis. You will have the chance to gain experience working with real data using software for statistical analysis during weekly assignments.

Course Previews:

Our course previews are meant to give prospective learners the opportunity to get a taste of the content and exercises that will be covered in each course. If you are new to these subjects, or eager to refresh your memory, each course preview also includes some available resources. These resources may also be useful to refer to over the course of the semester.

A score of 60% or above in the course previews indicates that you are ready to take the course, while a score below 60% indicates that you should further review the concepts covered before beginning the course.

Please use this link to access the syllabus and this link to access the course preview. Once you have completed this preview, use the answer key to check your answers.

Comparing the Audit and Certificate Tracks

Image is of a table explaining the different features of the verified and audit track. For an text table please use the link below.

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What you'll learn

  • Lessons from cutting edge research in development across a range of topics
  • How to build and apply economic models relevant to concrete development situations
  • How to design and conduct a randomized control trial to learn more about these questions
  • Data management and analysis using the software R

Prerequisites

  • Familiarity with high school calculus
  • Basic understanding of statistics or econometrics
  • Familiarity with introductory microeconomics

Meet your instructors

  • Featured image for Abhijit Vinayak Banerjee
    Ford Foundation International Professor of Economics
  • Featured image for Esther Duflo
    Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics
  • Featured image for Benjamin Olken
    Professor of Economics

Who can take this course?

Because of U.S. Office of Foreign Assets Control (OFAC) restrictions and other U.S. federal regulations, learners residing in one or more of the following countries or regions will not be able to register for this course: Iran, Cuba, Syria, North Korea and the Crimea, Donetsk People's Republic and Luhansk People's Republic regions of Ukraine.