Unit Code: URP615

Unit Name: Urban and Regional economics

Description: The course provides students’ knowledge and skill to identify the economy of an area, starting from the structure of macroeconomic behavior in a region and micro economic, and individual behavior in a regional space. To be able to forecast (assessment) economic capability and potency of an area by concerning external factors especially its relation with other areas and internal capability of public finance and private investment. Besides wider regional context, the discussion also will lead to understand detail aspect of sectoral problems in a certain urban and regional area. This understanding then, by a simulation or study case, will be a point of concerns to formulate an economic policy proposal for the area, and as a contribution of a policy in a wider context especially in urban and regional planning. The general outcome for this course are: (1) students have knowledge of the spatial-economic underpinnings of urban regions and cities including the economic principles of land use distribution (SPIA1-01), (2) knowledge of the fundamentals of the economics of development including land and property development (SPIA1-02), (3) knowledge of the fundamentals of market feasibility, commercial decision-making, comparative advantage and property markets (SPIA1-03), (4) having capacity to analyse spatial economic plans at a basic level (SPIA1-04), (5) capacity to produce basic spatial economic plans and development strategies at a level demonstrating understanding and use of relevant market related concepts ((SPIA1-015) and capacity to link economic understandings with other ethical and practical dimensions of planning, such as socio-spatial disparities (SPIA1- 06).

Learning Target Outcomes: On successful completion of this course, you should be able to: a. Generate the characteristic of urban and regional economic (GPIA-1 & GPIA4). b. Analyze the spatial distribution and spatial structure of the urban economy (GPIA-3 & GPIA-5) c. Evaluate the regional economic specialization, trade and multiplier effect of an activity (GPIA-3). d. Analyze the regional growth, factor allocation and balance payment (GPIA-3) e. Criticize the economic policy (GPIA-4)

Prerequisite: URP612

Prerequisite Sentence: N/A

Credit Point:

Offered In: Semester 2