L3 Eco-Finance et CMI: Choix intertemporels et dans l'incertain
I. Economie de l'incertitude
Chapitre 1 Exercices Chapitre 1
Chapitre 2 Exercices Chapitre 2
Chapitre 3 Exercices Chapitres 3 et 4
II. Choix intertemporels
Bibliographie
Cayatte, Jean-Louis (2004). Introduction à l'économie de l'incertitude. De Boeck. (ouvrage de base disponible à la bibliothèque!)
Cayatte, Jean-Louis (2009). Microéconomie de l'incertitude. De Boeck. (très similaire à l'ouvrage cité supra, de nombreux exemplaires à la bibliothèque!)
Picard, Pierre (2007). Eléments de microéconomie. 1. Théorie et Applications. Montchretien, 7ème édition. (le chapitre 4, tout particulièrement la partie 4D p.109-120 traite de la prise de décision en présence de risque; de nombreux exemplaires sont à la bibliothèque)
Schotter, Andrew (1996). Microéconomie: une approche contemporaine. Vuibert. (le chapitre 14. Ouvrage disponible à la bibliothèque des cerclades.)
Cet article du FMI peut vous intéresser (Nota bene: incertitude knightienne=ambiguïté)
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L3 Eco-DU: Economics of time and uncertainty
Chapter 1 Exercices Chapitre 1
Chapter 2 Exercices Chapitre 2
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M1 Economics: Development economics (until April 2025)
Textbooks (you can find these three great books at the library):
Basu, Kaushik (2003). Analytical development economics: The less developed economies revisited. MIT Press.
Bardhan, Pranab, Udry, Christopher (1999). Development microeconomics. Oxford University Press.
Ray, Debraj (1998). Development economics. Princeton University Press.
Remark 1: The textbook by Kaushik Basu (2003) is the most important for the course.
Remark 2: Students are expected to read the slides, as well as the papers and the textbook chapters indicated with a *.
Chapter 1. The vicious circle of poverty
Basu, Kaushik (2003, Chapter 2)*
Bardhan, Pranab, Udry, Christopher (1999, Chapter 16)
Easterly, William (2006). Reliving the 1950s: The big push, poverty traps, and takeoffs in economic development. Journal of Economic Growth, 11, pp.289-318.
Easterly, William (2009). Can the West save Africa. Journal of Economic Literature, 47, pp.373-444.
Goldberg, Pinelopi, Reed, Tristan (2023). Demand side constraints in development. The role of market size, trade, and (in)equality. Econometrica, 91, pp.1915-1950.
Mankiw, Gregory, Romer, David, Weil, David (1992). A contribution to the empirics of economic gowth. Quarterly Journal of Economics, 107, pp.407-437.
Murphy, Kevin, Shleifer, Andrei, Vishny, Robert (1989). Industrialization and the big push. Journal of Political Economy, 97, pp.1003-1026.*
Ray, Debraj (2013). Notes for a course in development economics. Version 3.37.*
Parente, Stephen L., Prescott, Edward C. (2000). Barriers to Riches. Walras-Pareto Lectures, The MIT Press.
Pritchett, Lant (1997). Divergence, big time. Journal of Economic Perspectives, 11, pp.3-17.
Rosenstein-Rodan, Paul (1943). Problems of industrialization of Eastern and Southeastern Europe. Economic Journal, 53, pp.202-211.
You can find in The New Palgrave Dictionary of Economics, a twenty-volume reference work on economics, some interesting references on development economics. In particular, Matsuyama provides an explanation of what are poverty traps. There is also an explanation of what are institutional traps. You can also find some short biographies of two of the founding fathers of development economics, Nurkse and Rosenstein-Rodan. A third founding father of the field is Lewis. I do not talk about him in this chapter because his important contribution is more on dualism (see Chapter 7). Observe that the pecuniary externalities which allow an economy to escape from a poverty trap in the model of Murphy, Shleifer and Vishny -MSV- (1989) are only accessible in the sectors which have adopted the "new" technology. So asymmetries between sectors are also key in MSV, like in models of dualism.
Chapter 2. Insurance and credit -in rural economies-
Basu, Kaushik (2003, Chapter 13)*
Bardhan, Pranab, Udry, Christopher (Chapter 8-9, 1999).
Abramitzky, Ran (2011). Lessons from the Kibbutz on the equality-incentives trade-off. Journal of Economic Perspectives, 25, pp.185-208.
Rosenzweig, Mark R., Wolpin, Kenneth I. (1993). Credit market constraints, consumption smoothing, and the accumulation of durable production assets in low-income countries: investments in bullocks in India. Journal of Political Economy, 101, pp.223-244.
Chapter 3. Land
Basu, Kaushik (2003, Chapter 12)*
Bardhan, Pranab, Udry, Christopher (1999, Chapter 6)
Bowles, Samuel (2004, Chapter 9). Microeconomics: Behavior, institutions and evolution. Princeton University Press.
Bros, Catherine, Desdoigts, Alain, Kouadio, Hugues Kouassi (2017). Land tenure insecurity as an investment incentive. Dial WP.
Carter, Michael, Barham, Bradford, Mesbah, Dina (1996). Agro export booms and the rural poor in Chile, Guatemala and Paraguay. Latin American Research Review, 31, pp.33–66.
Desdoigts, Alain, Kouassi Kouadio, Hugues (2012). Deforestation, migration, land appropriation and reforms: Rural resilience against the backdrop of the Malthusian crisis in Ivory Coast. mimeo.
Ray, Debraj (1998, Chapter 12)
In The New Palgrave Dictionary of Economics, there is a short article on Access to Land and Development.
Chapter 5. Special topics: The economic lives of the extremely poor
This chapter is in fact a presentation of the article of Banerjee and Duflo (2007). It serves to discuss various elements that we have already seen in Chapters 2, 3 and 4, and permits to conclude about the micro part of the course. It also permits to discuss more in depth microfinance.
Banerjee Abhijit V., Duflo, Esther, (2007). The economic lives of the poor. Journal of Economic Perspectives, 21, pp.141-167.*
In The New Palgrave Dictionary of Economics, there are some articles on ROSCAs and Micro-Credit.
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M2 Economics: Development economics (2025-2026)
Textbooks (Again, like in the M1, you can find these great books at the library):
Basu, Kaushik (2003). Analytical development economics: The less developed economies revisited. MIT Press.
Bardhan, Pranab, Udry, Christopher (1999). Development microeconomics. Oxford University Press.
Remark 1: The textbook by Kaushik Basu (2003) is the most important for the course.
Remark 2: Students are expected to read the slides, as well as the papers and the textbook chapters indicated with a *.
Chapter 4. Migration -rural and urban-
Basu, Kaushik (2003, Chapter 8)*
Bardhan, Pranab, Udry, Christopher (Chapter 5, 1999)
Kesselman, Jonathan R. (1979). Formulating fiscal policies to expand employment in Indian industry. Economic and Political Weekly, 14, pp.1958-1973.
Lucas, Robert J. (2004). Life earnings and rural‐urban migration. Journal of Political Economy, 112, pp.S29-S59.
Chapter 5. The dual economy
Bardhan, Pranab, Udry, Christopher (1999, Chapter 15).
Matsuyama, Kiminori (1992). Agricultural productivity, comparative advantage, and economic growth, Journal of Economic Theory, 58, pp. 317-334
Ray, Debraj (2010). Uneven growth: A framework for research in development economics, Journal of Economic Perspectives, 24, pp.45-60.
As already said, you can find in The New Palgrave Dictionary of Economics some interesting references on development economics. You have a biography of Lewis, a founding father of development economics. And an entry for Dual economies.
Chapter 6. A note on treatment response, selection problem and randomized experiment
Manski, Charles F. (2007). Identification for prediction and decision. Harvard University Press.
Chapter 7. Macro perspectives and history
This chapter discusses macro policy in developing and emerging countries over the last 60 years using the article of Rodrik (2010). It serves to resume some elements that we have already seen in Chapter 1. It also permits to discuss about some macro policy debates that occured and see some ideas or concept that you should know (e.g., Engel law).
Rodrik, Dani, (2010). Diagnostics before prescription. Journal of Economic Perspectives, 24, pp.33-44.*
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M1 SPSGL: Choix dans l'incertain
Chapitre 1 Exercices Chapitre 1
Chapitre 2 Exercices Chapitre 2
Chapitre 3 Exercices Chapitre 3
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L1 Sc.Eco: Cours-TD Macroéconomie
Le support de cours est sur cette page.
Règle d'or (dans le modèle de Solow avec croissance démographique et progrès technique)
Mon collègue Agustín Pérez-Barahona propose des documents commentés.
NB: Agustín et moi avons les mêmes critiques concernant le Tableau 2 de l'exercice 2 du TD2. Pour que l'exercice ait du sens, il faut considérer différentes valeurs pour le taux d'épargne, comme ce que nous avions fait lorsque nous avions corrigé cet exercice!
Mon autre collègue, Erwan Moussault, a réalisé un court QCM sur la balance des paiements.
Les notes des étudiants des groupes de TD 4 et 13
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M2 CGSI: Economie managériale
Prédation (GlaxoSmithKline et Eurostar/British Airways) -Ces quelques transpartents sont extraits de slides de G. de Muizon (2011), Economie industrielle: concurrence et propriété intellectuelle, séance 2, Master Management de la Technologie et de l'Innovation)
Prédation et prix de transfert
La clémence (60 secondes pour comprendre- Autorité de la concurrence)
La brochure (sur la clémence toujours -Autorité de la concurrence)