The seminar is designed to provide advanced graduate students with a thorough understanding of selected regional economic theories and techniques and with experience in using alternative socioeconomic impact assessment models and related regional techniques on microcomputers. Discussions will be held on particular theoretical modeling and economic issues; linkages among theories, accounts, and policies; relationships between national and regional economic structures; and methods of adjusting and estimating regional input-output accounts and tables. Examples from the Boston area and other U.S. cities/regions will be used to illustrate points throughout the seminar. We will also examine how such models are used in other countries. New material on analyzing regional development issues will be covered.
Walter Isard, Iwan J. Azis, Matthew P. Drennan, Ronald E. Miller, Sidney Salzman, and Erik Thorbecke. 1998. Methods of Interregional and Regional Analysis. Aldershot, England: Ashgate
Paul Krugman. 1991. “Center and Periphery.” Geography and Trade. Belgium: Leuven University Press.
Paul Krugman. 1995. “Geography Lost and Found” and “Appendix,” Development, Geography, and Economic Theory, Cambridge, MA: The MIT Press.
Ronald E. Miller and Peter D. Blair. 2009. Input-Output Analysis: Foundations and Extensions. Cambridge, England: Cambridge University Press.
George I. Treyz. 1993. Regional Economic Modeling: A Systematic Approach to Economic Forecasting and Policy Analysis. Boston, MA: Kluwer Academic Publishers. [out-of-print]
Required readings will be available on the 11.482 Stellar website. We will provide more information in the first meeting of the seminar.