Authorised by Academic Registrar, April 1996
Objectives Building on previous studies in economics students will further cultivate the ability to apply macroeconomic and microeconomic principles to contemporary policy issues. The skill to critically evaluate regional policy debates and to judge the usefulness and limitations of existing regional theory will be emphasised. Independent work in the subject will enhance research abilities and presentation of results will develop communication skills.
Synopsis The subject involves the study of processes shaping the economic growth and development of regions. A variety of approaches to regional economic studies are considered including input-output, neo-classical, and export-base models. Theoretical and applied issues are discussed with regard to problems of regional growth, interregional trade, interregional migration and regional employment.
Assessment Two essays (each 2000 words) 40% + Examination (2 hours): 60%