Data, Economics, and Development Policy (DEDP)

Program description & objectives

This course is part of the new program on Data, Economics, and Development Policy (DEDP). The program involves using economic theory and data analysis to explore the economic lives of the poor and the ways to design and implement effective development policy. In this course, we will study the different facets of human development in topics such as education, health, gender, the family, land relations, risks, informal and formal norms, public policy, and institutions. Delegates to the program would also have the opportunity to explore 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? Finally, participants will discover modern empirical methods in economics such as Randomized Control Trials (RCTs). Throughout the course, participants would further explore facets of empirical projects, from experimental design and ethical issues, to data collection and data analysis. Participants would have the opportunity to gain experience through working with real data and using relevant softwares for statistical analysis.

Learning Objectives

  • 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 relevant softwares

Venues, Dates & Cost

VenuesDublinLondonDubaiEdmonton (CAN)Lagos/Abuja
DatesTBDTBDTBDTBDTBD
Cost$3,800 per participant (USD)(=N=)

For whom:

  • Strategy & Policy Technocrats/Professionals
  • Relevant Staff Members of Development, Investment, & Industrial Banks
  • Senior Government Officials
  • Federal & State Legislators
  • Advocacy groups
  • NGOs
  • State & Local Govt Administrators

Snapshot of course content

MODULE 1: Introduction and the Cycle of Poverty

  • Introduction to the scale of the problem, disparities between rich and poor countries, and different approaches to understanding development.

MODULE 2: Nutrition and Productivity

  • Theoretical framework for the relationship between income, nutrition, and poverty.
  • Methodological concepts: causality problem, randomization design.
  • Case study of demand for and provision of health care in India.

MODULE 3: Education

  • Decisions about investing in children’s education.
  • Perceived returns to education.
  • Introduction to instrumental variables estimation and innovative data collection methods.

MODULE 4: Gender in the Family

  • Impact of development policy on gender and intrahousehold dynamics.
  • Introduction to ethical issues and solutions for working with human subjects.

MODULE 5: Insurance

  • How the poor deal with risk in the face of uncertainty and financial constraints.
  • Modeling how households smooth consumption over time.

MODULE 6: Land

  • Theoretical and historical perspectives on land reform and property rights.
  • Refresher of fixed effects and control variables in regression analysis.

MODULE 7: Credit

  • Market failures that microfinance seeks to address.
  • Impact of microfinance on the credit-constrained poor.

MODULE 8: Savings

  • Savings as a risk mitigation and consumption smoothing strategy.
  • Market and behavioral constraints on saving.

MODULE 9: The Role of Government

  • Functions played by government in provision of public goods.
  • How to effectively target and reach the poor.

MODULE 10: Political Economy

  • Persistent impact of historical factors and institutions on outcomes.
  • Instrumental variables and regression discontinuity design as identification strategies.

MODULE 11: Corruption

  • Strategies to measure and mitigate corruption.