Economic Geography The Starting
Economic Geography--The Starting…….
Basically the concepts of Economic
Geography is interdisciplinary involving explicitly geography, economics and business and implicitly other social and natural sciences. So the discussion should be started with a clear concepts of economics and geography.
Concepts of Economics
When we think of "Economics", the following words may come to mind representing concepts which we feel might be of particular concern to economists: economic activities, markets, allocation, money, capital, competition, resources, development, growth, welfare, well-being, poverty, deliberate, purposeful, rational, optimal, efficient, and more... Since we cannot squeeze all of these and other relevant concepts into a concise formulation of our view of the field, we will have to summarize them and may come up with something like this:
"Economics is the study of purposeful human activities in pursuit of satisfying individual or collective wants" (which would amount to a "descriptive" definition); or
"Economics is the study of principles governing the allocation of scarce means among competing ends" (which would be a more
"analytical" definition).
Concepts of Geography
When we think of Geography, we often use the following words or concepts: location, site, place, access, spatial, regional, distance, separation, proximity, speed, mobility, transportation, resources, communication, agglomeration etc.
A quick and simple definition of
Geography thus may be: "the study of the way in which society organizes itself in space". Combination of Economics &
Geography
"In Economic Geography, we study the
(locational, organizational and behavioral) principles and processes associated with the spatial allocation of scarce (human, man-made and natural) resources (which are also distributed spatially) and the spatial patterns and (direct and indirect, social, environmental and economic) consequences resulting from such allocations." Generalized View of Economic
Basically the concepts of Economic
Geography is interdisciplinary involving explicitly geography, economics and business and implicitly other social and natural sciences. So the discussion should be started with a clear concepts of economics and geography.
Concepts of Economics
When we think of "Economics", the following words may come to mind representing concepts which we feel might be of particular concern to economists: economic activities, markets, allocation, money, capital, competition, resources, development, growth, welfare, well-being, poverty, deliberate, purposeful, rational, optimal, efficient, and more... Since we cannot squeeze all of these and other relevant concepts into a concise formulation of our view of the field, we will have to summarize them and may come up with something like this:
"Economics is the study of purposeful human activities in pursuit of satisfying individual or collective wants" (which would amount to a "descriptive" definition); or
"Economics is the study of principles governing the allocation of scarce means among competing ends" (which would be a more
"analytical" definition).
Concepts of Geography
When we think of Geography, we often use the following words or concepts: location, site, place, access, spatial, regional, distance, separation, proximity, speed, mobility, transportation, resources, communication, agglomeration etc.
A quick and simple definition of
Geography thus may be: "the study of the way in which society organizes itself in space". Combination of Economics &
Geography
"In Economic Geography, we study the
(locational, organizational and behavioral) principles and processes associated with the spatial allocation of scarce (human, man-made and natural) resources (which are also distributed spatially) and the spatial patterns and (direct and indirect, social, environmental and economic) consequences resulting from such allocations." Generalized View of Economic