Developmental Economics - Developmental economics delves into the complex dynamics of economic growth and social progress within developing nations. It scrutinizes the interplay of various factors, including income distribution, access to education and healthcare, the quality of infrastructure, technological innovation, and institutional frameworks. By analyzing these components, developmental economists seek to identify barriers to development and devise strategies to overcome them. The ultimate goal is to foster inclusive growth, alleviate poverty, and enhance the overall well-being of people in developing countries, ensuring that development is not only rapid but also sustainable in the long term.
International Economics - International economics explores the intricate dynamics of economic interactions between countries, delving into a myriad of topics and theories. At its core, it examines the flows of goods, services, capital, and labor across borders, and the resultant impact on economies worldwide.
Macroeconomics - Macroeconomics is the branch of economics that focuses on the overall performance of the economy, including factors like unemployment, inflation, economic growth, and monetary and fiscal policies. It analyzes how these factors interact to shape the economy as a whole and how government policies can influence them.