Development economics is a branch of economics that examines the interconnected processes of social and economic development. Internationally, research in this area addresses global macroeconomic issues such as the determinants of economic growth as well as social, institutional, and political issues in developing countries that result in poor welfare outcomes (lack of income mobility, food security, social capital, and access to hygiene and healthcare services). At the local, microeconomic level research looks at project and program impact, community organization, strategic decisions, microfinance, trust and other relational issues that complement the macroeconomic research.
Closer to home, regional and community economics addresses economic development issues in Arizona by examining the linkages between economic sectors. Applied research and Cooperative Extension outreach activities within this focal area include economic base analysis and industry contribution/impact analysis.