At the end of the course the student is:
- familiar with the breadth of topics covered in regional science, including those at its scientific frontier;
- able to see events in an evolutionary perspective;
- able to apply describe and understand pressing issues of sustainability, (urban) real estate and uneven growth, applying a healthy mixture of economic and geographic insights.
The following aspects of academic research, reporting and effective oral presentation skills are covered in the course:
- you learn to employ geographical-economical reasoning on a variety of new topics in a creative yet clear manner;
- you set up a research proposal combining different strands of literature;
- you are able to interpret the outcomes of a simplified geo-economic model;
- you are able to perform a hedonic pricing analysis.
- you effectively write out the findings of assignments.
Large differences exist in economic wealth and economic dynamics between countries and regions. Economic activities tend to concentrate in certain areas. We tackle this issue at several spatial levels and by adopting views from different disciplines. We start by looking at success and failure of countries and regions, and theories of convergence and divergence. We proceed with the famous Krugman “core-periphery” model, for which he won the Nobel prize in 2008. We then turn to the cutting edge field of evolutionary economics and its geographical applications. In particular, we take a geographical look at the position of the so-called third world in the current globalized world. Next, we consider an often undervalued branch of spatial economics, but one which has large implications for today´s urban world: that of real estate. A section on the role of the environment and sustainability in economics and geography completes the course. The course thus covers the current issues at the intersection of economics and geography, and it will feature a range of guest lectures by key specialists in their field.