This course emphasizes dynamic models of growth and development. Topics covered include: migration, modernization, and technological change; static and dynamic models of political economy; the dynamics of income distribution and institutional change; firm structure in developing countries; development, transparency, and functioning of financial markets; privatization; and banks and credit market institutions in emerging markets.

This is a course for those who are interested in the challenge posed by massive and persistent world poverty, and are hopeful that economists might have something useful to say about this challenge. The questions we will take up include: Is extreme poverty a thing of the past? What is economic life like when living under a dollar per day? Why do some countries grow fast and others fall further behind? Does growth help the poor? Are famines unavoidable? How can we end child labor—or should we? How do we make schools work for poor citizens? How do we deal with the disease burden? Is micro finance invaluable or overrated? Without property rights, is life destined to be "nasty, brutish and short"? Has globalization been good to the poor? Should we leave economic development to the market? Should we leave economic development to non-governmental organizations (NGOs)? Does foreign aid help or hinder? Where is the best place to intervene?

When comparing apples to apples, a new study finds energy budget climate sensitivity estimates consistent with climate models. Scientists use a variety of approaches to estimate the Earth’s climate sensitivity

Earth’s record hottest 12 consecutive months were set in each month ending in September 2015 through May 2016 2014 and 2015 each set the record for hottest calendar year since we began measuring surface temperatures over 150 years ago, and 2016 is almost certain to break the record once again. It will be without precedent: the first time that we’ve seen three consecutive record-breaking hot years.