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30 Years of economics for development

Courses on Development Economics

For master's-level students in Helsinki, UNU-WIDER and HECER offer a joint course in development economics. For more information please contact UNU-WIDER course assistant, Caroline Schimanski 

Development Economics I

The course will cover modern theories of economic growth, their relevance for low-income countries, and dual-economy models. A major part of the course will deal with various aspects of poverty and inequality, including measurement issues, recent trends, and the impacts of inequality on growth. The course will end with a discussion of market mechanisms in the rural sector, with a special emphasis on labour arrangements and finance, including recent work on microfinance.

For more information about Development Economics I, visit the course website

Development Economics II

This course is a continuation of the course ‘Development Economics I: Fundamentals’. Instead of basic theories, it will be more oriented towards some of the key policy issues in developing countries. The course will start from the analysis of political economy decision-making and the fundamental question of the correct role of the state in economic development, which is reflected, for example, in decisions on industrial policy.

It will examine how monetary and fiscal policies are implemented in developing countries, and includes discussions on trade and industrial policy and the impact of globalization on developing countries. In the second part of the course, lecturers will cover development topics related to agriculture, labour markets, gender, ethnicity, climate change economics, decentralization, and local governance. The course will also contain a lecture on successful case studies from the developing world.

For more information about Development Economics II, visit the course website
Students who have completed Development Economics I and II, or are planning to do so, can apply for supervision from UNU-WIDER academic staff. Upon finishing the supervised master’s thesis, the student is eligible for a certificate from HECER and UNU-WIDER.  For more information:


For more information on the HECER Master’s Degree in Economics, see here.  

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