This course provides an introduction to the analysis of economic inequalities and the interplay between inequality and economic growth. It deals with three sets of core questions: 1) How does inequality vary across countries and evolve over the path of development? 2) What are the theories that can explain the degree of economic inequalities and its dynamic? 3) How do policies affect inequalities, and what types of policies can foster equitable growth?

**Spring 2019 Syllabus: here**

Lectures on Tuesdays 5.00pm-8.00pm, in 4 LeConte

Sections on Mondays and Wednesdays. Section announcements and material available on bCourses.

Course material (including exams, solutions, grade statistics) for previous year available here.

**Part I: Core concepts**

Lecture 1: Introduction

Lecture 2: What is income?

Lecture 3: What is capital?

Lecture 4: Inequality between labor and capital

Lecture 5: Inequality between individuals

**Part II: Global growth and its distribution**

Lecture 6: Global income inequality dynamics

Lecture 7: Trends in inequality between countries

Lecture 8: Trends in inequality within countries

Lecture 9: The United States in international perspective

**Part III: Labor income inequality**

Lecture 10: Labor income inequality: the role of market forces

Lecture 11: Labor income inequality: the role of institutions

Lecture 12: Gender inequality in the labor market

Lecture 13: Racial economic disparities

**Part IV: Capital inequality**

Lecture 14: Private and public capital

Lecture 15: Global wealth inequality

Lecture 16: Models of the wealth distribution

Lecture 17: r>g

Lecture 18: Inherited versus self-made wealth

Lecture 19: Tax evasion and inequality

**Part V: Regulating inequality**

Lecture 20: Optimal labor income taxation

Lecture 21: Optimal capital taxation

Lecture 22: Taxation in a globalized world

Lecture 23: Review and conclusion

*Final exam: May 17. Solutions. *