Urban And Regional Economic Development
Description: Urban and Regional Economic Development refers to efforts to stimulate wealth creation, and increased standard of living and the mitigation of poverty. As the pace of change in the economy quickens, cities and regions are undertaking a variety of programs and policies to attempt to improve local economic outcomes. Too often, these efforts are misinformed, ill conceived or the product of copying apparently successful policies from other locales. The emerging field of economic development is an effort to improve the efficacy of these efforts through the systematic application of economic principles, methods and rigorous policy analysis.
Learning Outcomes: Upon successful completion of this course you should be able to: • Explain key concepts, theories and methods in the pursuit of regional economic development. • Critique the theories and methods of regional economic development in their application to a region. • Examine a regional economy using critical analytical methods like shift share, location quotients, and comparative analysis. • Recommend a regional development strategy based on your theoretical critique and economic analysis. Evaluation and Grading The evaluation for the course consists of a class presentation on your region and a regional assessment policy paper (due in four parts). In consultation with the instructor, you will pick a U.S metropolitan area to analyze during the semester. Using this region, you will learn the tools and techniques for analyzing the economic and demographic characteristics of a region. You will also prepare topical issue presentations based on the readings and their region. The final paper will integrate your analysis and insights. Submit all assignments via Blackboard.