Handbook 1996 : Faculty of Economics and Commerce (Volume 3 page 199)
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Year 3 Economics.
Credit points: 12.5
Coordinator: Mr A Kan.
Prerequisite: 316-201 Intermediate Macro-economics and 316-202 Intermediate Micro-economics.
Contact: Two lectures and a 1-hour tutorial a week.
Timetable: Second semester
Objectives:
On completion of this subject students should be able to:
- extend their knowledge of regional economics via the independent study of books and articles dealing with theory and policy in this area and by taking advanced subjects dealing with these matters;
- judge the usefulness and the limitations of existing theory in the area of regional economics;
- critically evaluate contemporary policy debates in the area of regional economics with reference to economic theory.
Content:
Processes shaping the economic development of regions and urban areas. Urban areas as components of a regional system growing and changing over time. The way that economic development occurs in space - alternative economic models (neoclassical, export base, centre-periphery, cumulative causation and a multi-variate model integrating regional and urban forces for change). Specific influences on regional and urban development, including: natural resources, transport change, agglomeration and dispersion forces, externalities, internal migration theory, labour and capital mobility and returns, investment criteria, monopoly power, the spatial diffusion of innovations and non-economic location behaviour. Policy issues including systems planning versus market-orientated policy approaches. Case studies drawn from Australia, Europe and North America.
Assessment:
A 2-hour examination (80 per cent); an essay of approximately 2,500 words (20 per cent).
Prescribed texts:
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Handbook 1996 : Faculty of Economics and Commerce (Volume 3 page 199)
Status: Official 1996 Date created: Oct 9 1995 Last modified: Oct 9 1995 Authorised by: Academic Registrar Email enquiries: Course_Information@registrar.unimelb.edu.au
Maintained by: Dept. of Economics, Faculty of Economics and Commerce.
Copyright © University of Melbourne 1995,1996.