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 2021 Syllabus: here**

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: Trends in inequality within countries

Lecture 7: The United States in international perspective

Lecture 8: Pre-tax vs. post-tax inequality

Lecture 9: Trends in inequality between countries

Lecture 10: Global income inequality dynamics

**Part III: Labor income inequality**

Lecture 11: Labor income inequality: the role of market forces

Lecture 12: Labor income inequality: the role of institutions

Lecture 13: Gender inequality in the labor market

Lecture 14: Racial economic disparities

*Midterm: March 2. Solutions*

**Part IV: Capital inequality**

Lecture 15: Private and public capital

Lecture 16: Global wealth inequality

Lecture 17: Models of the wealth distribution

Lecture 18: r>g

Lecture 19: Inherited versus self-made wealth

**Part V: Regulating inequality**

Lecture 20: Optimal labor income taxation

Lecture 21: Optimal capital taxation

Lecture 22: Taxation in a globalized world

*Final exam: May 14. Solutions. *

*Grade distribution.*