Development Economics

General knowledge: 6 CREDITS

Course	Credits
1. Research design	3
The course provides students with methodological thinking and research design on economic, statistical, business, and financial topics. The main skill in research design that economics PhD students require is the ability to identify a research problem and evaluate interventions on how to solve it in a way that contributes new knowledge and new contributions. The research design course will help students identify, construct and develop a research problem, design a research framework to solve that problem and transform this problem into a research question. Based on the research framework and the basis of foundation theories and relevant previous studies, the PhD student will be able to choose an appropriate research method, how to collect and analyze data, conduct qualitative, quantitative or mixed methods to answer the research questions, and finalize the research reports. This course is presented mainly using the case study approach. The lecturer will introduce and suggest case studies, readings, and research papers associated with a research design process according to international practices for PhD students to be analyzed and evaluated. Through case study analysis, PhD students will be able to grasp the main content of each subject. Based on existing research ideas, PhD students have to apply the ideas to all topics of the course with each step in the research process such as developing research problems, finding research gaps, designing research framework, selecting research methods, data sampling or data collection according to qualitative or quantitative or mixed approach, synthesize into a research proposal. By doing so, PhD Students create added value to the quality of the existing research proposal that the PhD student is pursuing.
2. Advanced Econometrics	3
This course will introduce advanced topics in econometrics, covering endogeneity and instrumental variable regressions, limited dependent variables, time series econometrics, and spatial econometrics. In each topic, the structure of the model will be introduced, followed by illustrations on the implementation of the model in software. Students will be introduced with available commands and packages to estimate the models, as well as the methods of programming to estimate the models by themselves.

Professional education knowledge: 14 CREDITS

Course	Credits
3. Advanced Microeconomic Theory	3
The Advanced Microeconomics course focuses on an in-depth analysis of microeconomic theories. The main content of this course is divided into three main topics: (1) Production theory, (2) Consumer choice and demand theory, and (3) Choice under uncertainty. Production theory begins with the concepts and applications of production functions, the common functional form, and related concepts such as cost and profit functions. Building on the foundation of production theory, students will delve into advanced topics related to efficiency and total factor productivity measurement, as well as the changes in these indicators over time when making decisions for the unit. The theory of consumer choice and demand concentrates on aspects of consumer preferences and tastes, demand theory, and welfare analysis. The theory of choice under uncertainty introduces theories related to risk preferences, expected utility theory, and prospect theory.
4. Advanced Macroeconomic Theory	3
This course consists of various topics pertaining to economic growth theory, economic cycles, and macroeconomic policies. Upon completion of this module, participants will attain a comprehensive understanding of foundational economic arguments, with a pronounced emphasis on analytical tools in economics that facilitate research endeavors in the realm of macroeconomics. This module is structured into three principal segments: • Part 1: Economic Cycle Theory, including the economic cycle models of Keynesian economics, models of the new classical school (Milton Friedman's model, Lucas model, real business cycle model), and models of the new Keynesian school. • Part 2: Growth Theory including topics such as the Solow growth model and novel growth models like the R&D model, human capital investment model, and learning-by-doing model. • Part 3: Economic Policies which focus on discussions regarding the tools and objectives of macroeconomic policies through the Tinbergen model, and the challenges of stabilization policies.
5. Advanced Topics in Econometrics	3

6. Advanced topics in Economics (Reading)	3
This reading course exposes doctoral researchers to cutting-edge work in the field of macro and micro-development economics and economics more broadly. In each lecture a reading topic/paper will be discussed critically. Reading are chosen in collaboration with participants. The course has the following learning objectives: 1. Learn how to read cutting-edge and technical papers in the field of development economics 2. Engage with the latest theoretical and empirical debates in the field 3. Learn how to write referee reports in preparation for academic service
7. Seminars	2
This course aims to equip doctoral students with different topics in development economics and economics in general by asking them to attend seminars. Ph.D students will select seminars, which are organized by UEH or other institutes, attend and write a short report with comments about the topic of the seminar. The doctoral students are expected to be exposed to diverse topics, approaches, research techniques as well as other parts of research like presentation skills and the presenter itself. This process would help the doctoral students to acquire the research diversity and network that potentially benefit their future academic career.

Doctoral dissertation knowledge: 70 CREDITS

Course	Credits
8. Proposal	8

9. Paper 1	4

10. Paper 2	4

11. Paper 3	4

12. Journal Article 1	4

13. Journal Article 2	4

14. Thesis	42

Total credits: 90 CREDITS