Development Microeconomicsis the first in a series of books which looks at the entire spectrum of development economics issues and combines the strengths of conventional developmental thought with the insights of contemporary mainstream economics. The main new conceptual tool used is the application of the theory of imperfect information and the effects this has on the behavior of economic agents. This book is designed specifically for graduate students.
Introduction Household Economics Population Fragmented Markets: Labour Migration Rural Land Market Fragmented Credit Markets Risk and Insurance in an Agricultural Economy Interlinkage of Transactions and Rural Development Human Capital and Income Distribution Poverty Alleviation: Efficiency and Equity Issues Technological Progress and Learning Environment and Development Trade and Development The Dual Economy Intersectoral Complementarities and Coordination Failures Institutional Economics and the State in Economic Development
Pranab Bardhanis currently Professor of Economics at the University of California at Berkeley. He has previously been Professor of Economics at the Delhi School of Economics and at the Indian Statistical Institute in New Delhi.
Christopher Udryis Professor of Economics at the Economic Growth Center in Yale University.