(Same as American Indian Studies M207.) Seminar, two hours; discussion, one hour. Limited to graduate students. Familiarization with fundamental concepts, themes, and principles of economic development. Focus on indigenous communities broadly and contrasted with other regions, countries, and communities. Introduction to important concepts such as opportunity cost, economic trade-offs, adverse selection, moral hazard, and discount rates through use of existing research and case studies. These basic concepts are important for graduate students who will be analyzing and evaluating research conducted on and for indigenous peoples and governments. S/U or letter grading.