File Name: regional and urban economics and economic development theory and methods .zip
- Lecture Slides in Regional and Urban Economics
- [PDF Download] Regional and Urban Economics and Economic Development: Theory and Methods [PDF]
- Urban economics
- Economic geography
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Lecture Slides in Regional and Urban Economics
Regional economics is a sub-discipline of economics and is often regarded as one of the fields of the social sciences. It addresses the economic aspect of the regional problems that are spatially analyzable so that theoretical or policy implications can be the derived with respect to regions whose geographical scope ranges from local to global areas. Regional economics has shared many traditions with regional science , whose earlier development was propelled by Walter Isard and some economists' dissatisfaction with the existing regional economic analysis. Despite such a rather critical view of regional economics, however, it is hard to be denied that the "economic" approach to regional problems was and has been the most significant one throughout the development of regional science. As a sub-discipline of economics , it has also developed its independent traditions and approaches that conform with the subject matter or perspective of economics.
[PDF Download] Regional and Urban Economics and Economic Development: Theory and Methods [PDF]
Economic geography is the subfield of human geography which studies economic activity. It can also be considered a subfield or method in economics. Economic geography takes a variety of approaches to many different topics, including the location of industries, economies of agglomeration also known as "linkages" , transportation , international trade , development, real estate , gentrification , ethnic economies, gendered economies, core-periphery theory, the economics of urban form , the relationship between the environment and the economy tying into a long history of geographers studying culture-environment interaction , and globalization. There are varied methodological approaches. Neoclassical location theorists , following in the tradition of Alfred Weber , tend to focus on industrial location and use quantitative methods. Since the s, two broad reactions against neoclassical approaches have significantly changed the discipline: Marxist political economy, growing out of the work of David Harvey ; and the new economic geography which takes into account social, cultural, and institutional factors in the spatial economy. Economists such as Paul Krugman and Jeffrey Sachs have also analyzed many traits related to economic geography.
There are also handouts and files from four empirical projects that constitute the course. Each focuses on making a few headline statistics or trends visible and colourful. Economic themes include the economic health of regions of the UK; trade statistics; the labour market; taxation; benefits; house prices. Social trends are also addressed by some of the graphics.
Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional subjects such as housing, the costs and benefits of cities, and policy issues beyond regional inequalities. Contributors make a habit of combining theory and empirics in each chapter, guiding research amid a trend in applied economics towards structural and quasi-experimental approaches.
In the economic study of the public sector , economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives. The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for far longer. Whereas economic development is a policy intervention aiming to improve the well-being of people, economic growth is a phenomenon of market productivity and increases in GDP ; economist Amartya Sen describes economic growth as but "one aspect of the process of economic development".
Urban economics is broadly the economic study of urban areas ; as such, it involves using the tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance. More specifically, it is a branch of microeconomics that studies urban spatial structure and the location of households and firms Quigley Much urban economic analysis relies on a particular model of urban spatial structure, the monocentric city model pioneered in the s by William Alonso , Richard Muth , and Edwin Mills. While most other forms of neoclassical economics do not account for spatial relationships between individuals and organizations, urban economics focuses on these spatial relationships to understand the economic motivations underlying the formation, functioning, and development of cities. Since its formulation in , Alonso's monocentric city model of a disc-shaped Central Business District CBD and the surrounding residential region has served as a starting point for urban economic analysis.
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