Regional and urban economics
This subject may not be offered in 1995
Associate Professor Colin Gannon
6 points * Two 1-hour lectures and one 1-hour tutorial per week * First or second semester * Clayton * Prerequisites: ECO2020 or equivalent
Objectives On completion of this subject students should: be able to recognise and understand how the spatial and locational characteristics of economic systems shape, and are shaped by, basic microeconomic principles and relationships, including market operations; be able to expand the application of microeconomics to a wide variety of issues that arise intrinsically in regional and urban contexts; evaluate critically regional and urban policies.
Synopsis Industrial location; spatial pricing and markets; locational competition, interregional trade; allocation of land, agglomeration economies and diseconomies; industrial structure, economic base and regional development; urban spatial structure; and contemporary urban and regional issues, in particular urban public transport, congestion, and the role of government in a spatial context.
Assessment Mid-semester quiz: 30% * Tutorial exercises: 20% * Examination (2 hours): 50%
Prescribed texts
Economic Planning Advisory Council Urban and regional trends and issues AGPS, 1991
Hoover E M and Giarratani F An introduction to regional economics 3rd edn, Knopf, 1984