ECON 315 Finance, Growth, and Development
This course will examine the role of finance and financial institutions in the process of economic growth and development. We will start with an overview of the various channels linking finance and economic growth, as well as the role of legal institutions and politics. Subsequently, the course will look at the evolution of finance in specific countries and the factors which might have facilitated (or served as a detriment to) the development of financial institutions. Next, the course will study the ability of various financial institutions to serve as efficient intermediaries and examine barriers to credit access faced by firms and households. The last part of the course will examine responses to financial crises and the aggregate effects of such crises.