The course aims at general and particular knowledge of the regional economy as a branch of the economy that includes the spatial dimension and principles that regulate the location of economic activities, with a particular emphasis on the relationships between location, agglomeration, accessibility and hierarchy, territorial competitiveness, production systems, innovation and cumulative development.
Knowledge of micro and macroeconomics is required. Knowledge of statistics can facilitate the learning process.
For those students who do not hold the aforementioned knowledge, information on the additional bibliographic references will be provided.
I part (24 hours):
Agglomeration and location economies, transport costs. Market size, economies of scale and transport costs. Spatial demand and market equilibrium.
Location of agriculture, urban, production and residential activities.
Hierarchy and urban systems. City networks.
II part (24 hours):
Stages of development. Shift-share analysis. Centrality and peripherality.
Factor endowments. Local development and the diversified-relational space.
Absolute and comparative advantage . Customs Unions.
III part (24 hours):
The growth-pole theory. Multinational companies and local development. The spatial diffusion of innovation. Infrastructure and regional development. New communication technologies.
The Marshallian industrial district. Innovation and proximity. Knowledge spillovers. The Milieu Innovateur. Learning regions and regional innovation systems.
Cumulative development and the New Economic Geography. Territorial competitiveness, endogenous growth, knowledge and learning.
Capello, R. Economia Regionale, Il Mulino, Bologna, 2015.
The assessment is based on a written examination. In order to evaluate the depth in understanding the knowledge, the classwork may include analylitical questions and graphs. The written examination is made up of six questions; to each of them a maximum of 6 mark-points is allocated up to grand total of 36 (extra points above 30 signal for a possible laude). The duration of the written examination is 1 hour and 15 minutes. During the examination, the use of notes, books and informatics devices (smartphone, tablet, pc, ecc.) is not allowed.
An oral examination can also be held, if the teacher judges it useful to better ascertain the student’s knowledge. The vote of the oral examination is expressed in scale from 0 to 30, and it is averaged with the vote of written examination in order to determine the final vote.
The teacher can offer to the students also a mid-term written examination, which is made up of 4 questions; to each of them a maximum of 9 mark-points is allocated up to grand total of 36 (extra points above 30 signal for a possible laude).
In a following exam session, those students who had the mid-term exam will be offered a partial final exam test that focuses on the contents of the residual part of the program, also composed of 4 questions assessed with the same modality of the previous test.
The final mark will be determined by computing the average value between the mid-term and the final one.