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Since Economics is a very broad study, it has been divided into different parts based on its importance as a basis for formulating the right policies. These policies are important to address economic development and address political economy issues.

The economy cannot function without any political stance which you will learn in this [course_title]. This is created for you to learn the relationship between political institutions and economic development that can affect the economy.


This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.


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Course Credit: MIT

Course Curriculum

Introduction 00:45:00
The Role of Leaders and Democratic Institutions 01:00:00
The Deep Determinants of Economic Development: Macro Evidence Part – 1 01:00:00
The Deep Determinants of Economic Development: Macro Evidence Part – 2 00:40:00
The Median Voter Theorem 01:30:00
Voting in Practice: Citizen-Candidate Models, Politician Identity and the Failure of the Median Voter Theorem 00:45:00
Voting in Practice: Agency Models 01:15:00
Sometimes It Gets Complicated: Condorcet’s Paradox and Arrow’s Impossibility Theorem 00:40:00
Good vs. Bad Dictatorships 01:40:00
The Logic of Collective Action 01:10:00
Ethnic Heterogeneity and Contributions to Public Goods 01:05:00
Recovery from Civil War. Special 01:50:00
Is Corruption Inefficient? 00:45:00
The Corrupt Official’s Decision Problem: Balancing Risks, Rents, and Incentives 01:15:00
The Industrial Organization of Corruption 00:50:00
Politicians and Firms 00:50:00
Submit Your Assignment 00:00:00
Certification 00:00:00

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