Regional Economics - BMEGT42A002

The aim of the course that students become familiar with the basics of regional economics, experiences from local and international practices, challenges of regional economics and its main areas.

1. Familiarized with the location choice theories (regional microeconomics);
2. Familiarized with theories describing the various development paths of regional economies (regional macroeconomics);
3. Familiarized with policies aim to enhance territorial convergence, the phenomena of territorial development and modes to decreasing territorial inequalities;
4. And finally comprehend the theories of various scientists, economists awarded by Nobel prize award and the effects of their theories in practice.

1. The student is able to analyse the macro-environment of a town/ city;
2. Analyse the effect of various economic policies to regional growth;
3. Analyse the effect of various economic policies to decrease regional inequalities;
4. Asses the effects of international, national economic, social processes to localities.

1. Cooperation with other peers and lecturer;
2. Continuous learning;
3. Openness to use IT tools;
4. Positive attitude towards complex systems;

1. Capable for teamwork, ready to cooperate;
2. Apply system-thinking;
3. Open to receive both positive and negative feedbacks.

Lectures and seminars, problem-solving, oral and written communication. Application of IT tools and techniques.

• 1. Illés Iván: Regionális gazdaságtan, területfejlesztés. Budapesti Műszaki és Gazdaságtudományi Egyetem. Typotex Kiadó, Budapest, 2008.
• 2. Előadásanyagok diasorai / Lecture slides
• 3. Lengyel Imre-Rechnitzer János: Regionális gazdaságtan. Dialóg Campus Kiadó, Budapest-Pécs, 2004.
• 4. Lengyel Imre: Regionális gazdaságfejlesztés. Versenyképesség, klaszterek és alulról szerveződő stratégiák. Akadémiai Kiadó, Budapest, 2010.
• 1. Hoover, Edgar M., and Giarratani, F. (1999). An Introduction to Regional Economics, Edited by Scott Loveridge and Randall Jackson. WVU Research Repository, 2020

The assessment of the learning outcomes formulated in point 2.2. is based on 2 mid-term written performance evaluations: two summative assessments (mid-term exams).

1. summative assessment: a complex, written way of evaluating the competence-type competence elements of the subject and knowledge in the form of mid-term exams. The successful writing of the exam requires the correct interpretation of the concepts with the help of the acquired knowledge, as well as the knowledge of the application areas of sustainability analysis methods (including environmental evaluation). The part of the learning materials on which the evaluation is based refers to the topics covered in the previous lectures, the available working time is 30 minutes.

• 1st summative assessment: 50
• 2nd summative assessment: 50
• total: 100

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1) Pursuant to the current CoS, each summative assessment can be retaken, repeated or completed late. 2) The summative assessments can be retaken, repeated or completed late for the first time during the late completion period free of charge. In the event of a correction, the new result always overwrites the old one. 3) If the student is unable to obtain a grade other than 'Fail' even with the retake, repeat and late completion possibilities according to point 1), they may make a second attempt to successfully complete the course after paying the fee specified in the regulations.

Consulted with the Faculty Student Representative Committee, approved by the Vice Dean for Education, valid from: 06.11.2023.

In order to achieve the learning outcomes set out at point 2.2, the subject consists of the following thematic blocks. In the syllabi of the courses announced in each semester, these topics are scheduled according to the calendar and other conditions.