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TR

ECONOMICS SOCIETY TIME & PLACE

Course
ECON207 - ECONOMICS SOCIETY TIME & PLACE
Department
Economics - English - Undergraduate
Course Type
Course
Status
Required
Language
English
Credit
3
ECTS
6
T+P+L
3 + 0 + 0
Course Coordinator(s)
Asst. Prof. Dr. Isah WADA
Prerequisite
-
Keywords

Course Description

The course is designed for highlighting the importance of geography and society in economics. This course examines the inter-relatedness of economy and society and how these impact places where people live and work. We start by looking at theories that challenge market based explanations of how places are shaped. We pay particular attention to housing choices and how these might confer social advantage or disadvantage. After this we use a series of place-based typologies and phenomenon to expand on the theory. Examples might include but are not limited to; suburbanisation, rural second homes and gentrification. We close by considering how changes in governance impact particular communities and places.

ECONOMICS SOCIETY TIME & PLACE

Evaluation Tools (Active Term)

Item Type Weight (%)
Quiz 1 Quiz 15
Quiz 2 Quiz 15
Midterm Midterm 30
Final Final 40
Total 100

Course outcomes

No course outcomes have been defined yet.

Course Syllabus

Week Topic
Week 1 Economics as a dynamic force in society
Week 2 Demand functions to price distance and dynamics of market area
Week 3 Agglomeration Economics and entrepreneurs' preferences
Week 4 Spatial Pricing
Week 5 Regional Growth and Development
Week 6 Short run income model
Week 7 MIDTERM EXAM
Week 8 Supply based regional growth analysis
Week 9 Regional labour markets and migration
Week 10 Government efforts for regional growth
Week 11 Land rents and land use patterns
Week 12 The housing market
Week 13 The housing market
Week 14 Smart Growth
Week 15 Final Exam

Reference Books & Course Materials

  1. 01 REGIONAL AND URBAN ECONOMICS AND ECONOMIC DEVELOPMENT, THEORY AND METHODS

Learning Outcomes

  1. L01 To introduce the student to firmer grasp of spatial economics. SOLO 5
  2. L02 To develop critical thought on societal and economic systems. SOLO 4
  3. L03 To develop analtical understanding of agglomeration economies and location advantages SOLO 4
  4. L04 To connect and facilitate deeper understanding of economics, time and space in applying economic resources to solve economic problem. SOLO 5
  5. L05 To deepen comprehensively, the idea of regional and urban economics connecting economics and human geography. SOLO 4

Program Outcomes

  1. P01 PO1: Engaged in insightful thinking leading to self-learning and lifelong learning.
  2. P02 PO2: Established a general knowledge of economics sufficient to work independently through specific learned techniques generated via individual efforts and study.
  3. P03 PO3: Reached the required knowledge and skills to understand social, economic and legal issues both within national, international and global contexts and apply theoretical knowledge of economics to practice.
  4. P04 PO4: Adopted the ability to critically evaluate, analyze and interpret information gathered through the use of related statistical software programs to suggest creative solutions for economic problems and make relevant economic decisions.
  5. P05 PO5: Been aware of gathering and analyzing data through the application of appropriate technological tools in an ethical and safe manner in order to generate economic decisions and policy suggestions.
  6. P06 PO6: Been equipped with conceptual and analytical skills essential for team-working and collaborations for economic decision making for a variety of economic concepts in national and global environment.
  7. P07 PO7: Endowed with both oral and written communication skills within the economic field to effectively study and work in an international environment
  8. P08 PO8: Been able to transfer theoretical knowledge to real life economic environment: to generate policies for microeconomic and macroeconomic problems faced by individuals, firms and governments at national, international and global context.
  9. P09 PO9: Developed an ability to apply economic analysis to everyday problems in real world through the development of ethical perspectives and social responsibilities at work and in personal life.

Po-Lo Matrix

LO P01 P02 P03 P04 P05 P06 P07 P08 P09 Average
L01 4 4 4 4 4 4 4 4 4 4
L02 4 4 4 4 4 4 4 4 4 4
L03 4 4 4 4 4 4 4 4 4 4
L04 4 4 4 4 4 4 4 4 4 4
L05 4 4 4 4 4 4 4 4 4 4