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Regional economic geography examines the economic conditions of particular regions or countries of the world. It deals with economic regionalization as well as local economic development. Historical economic geography examines the history and development of spatial economic structure. Using historical data, it examines how centers of population ...
Regional science is a field of economics concerned with analytical approaches to problems that are related specifically to regional and international issues. Topics in regional science include, but are not limited to location theory or spatial economics, location modeling, transportation, trade and migration flows, economic geography, land use and urban development, inter-industry analysis ...
Articles related to economic geography, the subfield of human geography which studies economic activity. It can also be considered a subfield or method in economics . Subcategories
Location theory has become an integral part of economic geography, regional science, and spatial economics. Location theory addresses questions of what economic activities are located where and why. Location theory or microeconomic theory generally assumes that agents act in their own self-interest. Firms thus choose locations that maximize ...
Theoretical economic geography is a branch of economic geography concerned with understanding the spatial distribution of economic activity. Theoretical techniques in this branch of economics explain a number of phenomena such as: [1] The clustering of people and businesses into cities.
Scholars such as Jeffrey D. Sachs argue that geography has a key role in the development of a nation's economic growth. [ 2 ] For instance, nations that reside along coastal regions, or those who have access to a nearby water source, are more plentiful and able to trade with neighboring nations.
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Economics is the study of the allocation of scarce resources, and as all economic phenomena take place within a geographical space, urban economics focuses on the allocation of resources across space in relation to urban areas (Arnott & McMillen 2006:7) (McCann 2001:1).
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