The basic question of regional economics is why does economic activity take place where it does? In addressing questions about why businesses and people choose to locate where they do, and why some places thrive and others don’t, we look at the influences of policy and rules, spatial dimensions of cost and utility decisions, and the importance of social and professional networks. Income determination is also an important area of study, (primarily in the US), looking at how economic growth is distributed and the role of growth in improving household well-being.
Econ 563 Regional Economics: Theory, Methods, and Issues — Tools and methods of regional economics, including supply, demand, and externality analyses. Applications to current urban and regional policy issues.
Econ 663 Urban and Regional Modeling — Methodological approaches in regional economics: general equilibrium, input-output, compatible general equilibrium models; social accounting matrices.