Learn to evaluate the effectiveness of policies that tackle issues facing the US and other high-income economies. This program covers local issues such as minimum wage and employment, food stamps and consumer welfare, and economics of risk and safety regulation, as well as global issues such as trade, climate change, and immigration that are at the forefront of public policy debates.
Take five Data, Economics, and Design of Policy (DEDP) courses and their corresponding proctored exams in any sequence to complete the Public Policy MicroMasters Program Credential in DEDP.
Use economic models to learn how prices and markets benefit society in the face of scarcity.
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Gain the practical skills for running evaluations in the field, learn the foundations of randomizations and research design, and get practical insights on how to collect high quality, reliable data in the field.
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Learn methods for harnessing and analyzing data to answer questions of cultural, social, economic, and policy interest.
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Learn how current applied economics uses data to tackle some of the most pressing issues in the United States and other advanced economies. Taught by Nobel-prize winning MIT professors Abhijit Banerjee and Esther Duflo.
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Understand microeconomic research at every level, from theory to empirical testing. Then, apply this understanding to the public policies that affect the US and other similar industrialized nations.
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Abhijit Banerjee is the winner of the 2019 Nobel Prize in Economic Sciences. He was educated at the University of Calcutta, Jawaharlal Nehru University, and Harvard University.
Esther Duflo is the winner of the 2019 Nobel Prize in Economic Sciences. She is also the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at MIT.
Sara Fisher Ellison is a Senior Lecturer in the MIT Economics Department. She was an undergraduate at Purdue University and received graduate degrees from both Cambridge University and MIT.
Benjamin Olken is a Professor of Economics at MIT. His research focuses on political economy and public sector issues in developing countries, with a particular interest in corruption.
Dr. Jonathan Gruber is the Ford Professor of Economics at the Massachusetts Institute of Technology, where he has taught since 1992.
Rachel Glennerster is an associate professor of economics in the Division of Social Science at the University of Chicago. She is also an affiliated professor and former Executive Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL).
Abhijit Banerjee is the winner of the 2019 Nobel Prize in Economic Sciences. He was educated at the University of Calcutta, Jawaharlal Nehru University, and Harvard University. He is currently the Ford Foundation International Professor of Economics at MIT. Banerjee is a past president of the Bureau for Research in the Economic Analysis of Development, a fellow of the American Academy of Arts and Sciences and the Econometric Society, and has been a Guggenheim Fellow and an Alfred P. Sloan Fellow. He is the recipient of many awards, including the inaugural Infosys Prize in 2009, and has been an honorary advisor to many organizations including the World Bank and the government of India.
Esther Duflo is the winner of the 2019 Nobel Prize in Economic Sciences. She is also the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at MIT. She was educated at the Ecole Normale Supérieure, in Paris, and at MIT. She has received numerous honors and prizes including a John Bates Clark Medal for the best American economist under 40 in 2010, a MacArthur “Genius” Fellowship in 2009. She was recognized as one of the best eight young economists by The Economist magazine, one of the 100 most influential thinkers by Foreign Policy since the list exists, and one of the “Forty under 40” most influential business leaders under forty by Fortune magazine in 2010.
Sara Fisher Ellison is a Senior Lecturer in the MIT Economics Department. She was an undergraduate at Purdue University and received graduate degrees from both Cambridge University and MIT. She has been a fellow at both the Institute for Advanced Study and the Hoover Institute. Her recent research has investigated a number of questions in industrial organization, with a focus on the pharmaceutical industry and ecommerce. She serves on a number of editorial boards. She has taught at the undergraduate, MBA, and Ph.D. levels, and has received awards for both outstanding teaching and pedagogical innovation.
Benjamin Olken is a Professor of Economics at MIT. His research focuses on political economy and public sector issues in developing countries, with a particular interest in corruption. He is a faculty Director of the Abdul Latif Jameel Poverty Action Lab at MIT, Co-Scientific Director of the Lab’s Southeast Asia office in Jakarta, and Co-Chair of the Lab’s Governance Initiative. Olken received his BA _summa cum laude _as a double-major in Mathematics and Ethics, Politics, and Economics from Yale University in 1997, and his Ph.D. in Economics from Harvard University in 2004. In 1997-1998 he was a Henry Luce Scholar, living in Jakarta, Indonesia. He joined the MIT faculty as a tenured faculty member in 2008, directly after a three-year term as a Junior Fellow of the Harvard Society of Fellows and a one-year post-doctoral fellowship at the NBER.
Dr. Jonathan Gruber is the Ford Professor of Economics at the Massachusetts Institute of Technology, where he has taught since 1992. He is also the Director of the Health Care Program at the National Bureau of Economic Research, where he is a Research Associate, and President of the American Society of Health Economists. He is a member of the Institute of Medicine, the American Academy of Arts and Sciences, and the National Academy of Social Insurance. He has published more than 150 research articles, has edited six research volumes, and is the author of Public Finance and Public Policy, a leading undergraduate text, and Health Care Reform, a graphic novel. In 2006 he received the American Society of Health Economists Inaugural Medal for the best health economist in the nation aged 40 and under.
Rachel Glennerster is an associate professor of economics in the Division of Social Science at the University of Chicago. She is also an affiliated professor and former Executive Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). She uses randomized trials to study democracy and accountability, health, education, microfinance, and women’s empowerment mainly in West Africa and South Asia. She has also written on strategies to stimulate innovation, promoting more equitable access to vaccines, and the response to Ebola and COVID-19 pandemics.
Understand the fundamentals of microeconomics, development economics, probability, and statistics
Identify and analyze the root causes of underdevelopment using principles of economics
Consider the unique constraints and trade-offs the poor face when making decisions
Interpret the findings of empirical research that evaluates the effectiveness of anti-poverty strategies, policies, and interventions
Design and implement rigorous randomized evaluations and other econometric methods of evaluating policies and programs
Conduct comparative cost-effectiveness analysis for informed policy-making
Hands-on skills in data analysis using the R programming language
