Joao Paulo de Souza

Assistant Professor of Economics

 Tuesdays 11:00 AM - 12:30 PM, Thursdays 4:30 PM - 6:00 PM or by appointment.

Joao de Souza joined the Economics department at Middlebury College in the Fall of 2015. His research and teaching interests focus on the intersection of Macroeconomics and Economic Development. His doctoral research examined the relation between technical change in agriculture and industrial growth from theoretical and empirical perspectives, as well as the political economy of biased technical change in Brazilian agriculture during 1950-1980.

Joao holds a Ph.D. in Economics from the University of Massachusetts-Amherst, and both an M.A. and a B.A. in Economics from the University of Sao Paulo. He teaches courses in macroeconomic theory and the macroeconomics of economic development.  

For more information, visit Joao's website, at



Course List: 

Courses offered in the past four years.
indicates offered in the current term
indicates offered in the upcoming term[s]

ECON 0250 - Macro Theory      

Macroeconomic Theory
Macroeconomic theory analyzes whether the market effectively coordinates individuals' decisions so that they lead to acceptable results. It considers the effectiveness of monetary, fiscal, and other policies in achieving desirable levels of unemployment, inflation, and growth. The theories held by various schools of economic thought such as Keynesians, monetarists, and new classicals are considered along with their proposed policies. (MATH 0121 and ECON 0150) 3 hrs. lect.

Fall 2015, Spring 2016, Fall 2016, Spring 2017, Fall 2017, Spring 2018, Fall 2018, Spring 2019

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ECON 0352 - Structuralist Macroeconomics      

Structuralist Macroeconomics: Theory and Policies for Developing Countries
In this course we will examine key macroeconomics challenges faced by developing countries . In contrast to the senior seminar in Macroeconomics of Development, which focuses on long-run growth, this course focuses on short-run and medium-run macroeconomic issues; as such, it builds more closely on the Macroeconomic Theory core course. The topics covered include structural constraints on aggregate demand, fiscal and monetary policies, distributive conflict, and debt. We will examine these topics through a combination of formal theoretical models and real-world applications. (MATH 0121 and ECON 0240 or ECON 0250) 3 hrs. lect. AAL CW SAF

Spring 2018, Spring 2019

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ECON 0415 - Macroeconomics of Development      

The Macroeconomics of Economic Development
In this course we will examine macroeconomic aspects of economic development. We will explore theoretical models combining insights from growth theory, classical development theory, and structuralist macroeconomics. Topics include dualism, surplus labor, increasing returns, poverty traps, and the role of external and demand constraints in the growth process. We will also review applied work and case studies, in order to understand how these theories illuminate concrete issues that have faced developing countries (ECON 0240 or ECON 0250) 3 hrs. sem.

Fall 2015, Fall 2016, Spring 2017, Fall 2017, Fall 2018

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ECON 0500 - Individual Special Project      

Individual Special Project
If you choose to pursue an area that we do not offer or go in depth in an area already covered, we recommend the Individual Special Project option. These ECON 0500 proposals MUST be passed by the entire department and are to be submitted to the chair by the first Friday of fall and spring semester, respectively. The proposals should contain a specific description of the course contents, its goals, and the mechanisms by which goals are to be realized. It should also include a bibliography. According to the College Handbook, ECON 0500 projects are a privilege open to those students with advanced preparation and superior records in their fields. A student needs to have a 3.5 or higher G.P.A. in Economics courses taken at Middlebury in order to pursue an Individual Special Project. ECON 0500 does not count towards the major or minor requirements.

Winter 2016, Spring 2016, Fall 2016, Winter 2017, Spring 2017, Fall 2017, Winter 2018, Spring 2018, Fall 2018, Winter 2019, Spring 2019, Winter 2020, Spring 2020

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IPEC 0700 - Intl.Pol.&Economics SR. Thesis      

Senior Thesis
(Approval Required)

Fall 2018, Winter 2019, Winter 2020

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Department of Economics

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Middlebury College
Middlebury, VT 05753