Video Lectures

The following short video clips of Professor Robert M. Townsend were taken in Spring 2013 as part of MIT's 14.772 course, Development Economics: Macroeconomic Issues.  The full length course -- including lectures, reading materials, and student research projects -- is available on MIT's OpenCourseWare site at


Finance, Volatility, and Growth


Applying an Applied General Equilibrium Approach in Development Economics


Goal of the General Equilibrium Development Approach


An Overview of Micro-Founded Macro Models


Overview of Measurement in Economics


Optimal Risk-Sharing