Principles of Local Economic Development

Catalog description

Concepts, strategies, and techniques of local economic analysis, planning, and development; case studies and decision-making exercises. CEDEV 430 CEDEV (AG EC) 430 Principles of Economic Development Planning (3)This course is designed to introduce common issues concerning rural and regional economies, and the theories, concepts and tools of rural and regional economic development. The goal is to integrate theory and practice and apply them to economic development problems. Tools are presented in a "how to" manner. Topics include current issues in rural economies, the economic view of rural development; business retention, expansion and location; entrepreneurship and its role in the economy; understanding the local economic structure and the forces of chance; introduction to economic growth theories; export base theory and economic base analysis; the role of labor and capital in development; techniques of market area, central place, shift-share and input-output analysis; policies of local economic development and growth.