Description Students wishing to enrol in this subject are advised to contact the Subject Coordinator. This subject deals with: models of short-run fluctuations of regional aggregates and the economic relations between regions; models of long-run change in regional aggregates and the long-run economic relations between regions; equilibrium models of intra-urban location; optimal models of intra-urban allocation; and optimal allocation of capital to urban land.
School Business
Discipline Economics
Student Contribution Band HECS Band 4 10cp
Check your HECS Band contribution amount via the Fees page.
Level Undergraduate Level 3 subject
Assumed Knowledge
Microeconomics and Macroeconomics or Introductory Economics.
On successful completion of this subject, students should be able to:
Understand the nature and methodology of economics
Understand limitations and pitfalls encountered in studying economics
Understand the various economic relationships, both domestic and international
Learn how the economy works and why governments adopt various policies
Gain an understanding of the concepts to apply in their day to day life
- Centripetal versus centrifugal forces in location.
- impact analysis, Regional multipliers, Regional input output.
- shift-share analysis.
- Kaldorian Models of Regional growth versus neo-Classical Models of Regional growth and convergence.
- The fundamental location model of Von Th?nen.
- Equilibrium Models of Urban residential and business location.
- Optimal investment in buildings.
- government and The Urban and Regional economy.
