Study of the growth and diversification of developing economies and the causes of poverty and inequality. Analyze the impacts of human capital formation, markets, and public policy on development. Prereq: 2001 (200) or Econ 2001 (200). Not open to students with credit for 435 or 535, or IntStds 4535 (535) or 435, or PubAfrs 4535. Cross-listed in IntStds and PubAfrs.