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IPEC-322 Economic Reforms and Corruption
Fall only
This topic course in political economy is focused on two sets of literature; the economic literature on political economy of economic reforms, and the literature on corruption. The purpose of the course is to offer you an overview over the findings in these two fields, but also to give you some training in economic methodology. The examination is in the form of two written term papers, so it also serves the purpose of giving you some practice in how to write, which will be useful when you write your senior thesis your last semester. The first part of the course covers the literature on the political economy of economic reforms, dealing with political reasons for why socially beneficial reforms are delayed or simply not implemented. Students should be aware of that this part of the course focuses on formal economic modeling, so an interest in the formal side of economics is recommendable. In the second part of the course we learn about corruption. The focus here is on the empirical part of the literature, which tries to understand what causes corruption, and what the consequences of corruption are. In terms of methodology this part gives us an opportunity to practice our skills in applied econometrics.
Credits: 3
Prerequisites: Econ 101 (microeconomic theory) and EconStat, and PECO 201 and Introductory to econometrics should have been taken or be taken concurrently
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