Regional economics - BMEGT42A012

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, main topics of applied regional economics and regional development.

1. Familiarized with the most important location choice theories from the three sectors of the economy;
2. Familiarized with few theories describing in relation to domestic development programmes (Export Base theory and Growth Poles Theory);
3. Familiarized with the phenomena of territorial differences and development.

1. The student is able to comprehend the working mechanisms of regional economies and to identify specific forms (local production or service systems);
2. Identify social aspects of specific territorial development programmes;
3. Analyse regionalization criteria;
4. And capable to report about the themes listed above both for every-day people.

1. Cooperation with the lecturer during educational activities;
2. Enlargement of knowledge by frequent learning;
3. Openness to general regional development questions.

1. Capable for analyse specific location choices,
2. Identify potential reasons for delocalization;
3. Identify social consequences of specific economic phenomena.

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

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

The assessment of the learning outcomes formulated in point 2.2. is based on: 1. two summative assessments (mid-term exams); 2. 4 facultative homeworks to register mid-term progress with continuous feedback from the instructor through supportive assessment of ongoing development (formative assessment).

1. Summative assessment: a complex, written evaluation method of the knowledge and ability-type competence elements of the subject in the form of two mid-term exams. The mid-term exam focuses on the assessment of the acquired knowledge and its application, thus focusing on problem recognition and solution. The course material on which the evaluation is based is determined by the lecturer of the subject. 2. Formative assessment (homework): a complex evaluation method of the subject's knowledge, ability, attitude, and independence and responsibility competence elements, which takes the form of homework prepared individually or in groups, the content, requirements, and submission deadline of the homework are evaluated by the instructor Define. Completing homework allows for earning extra points.

• 1st summative performance assessment: 50
• 2nd summative performance assessment: 50
• First formative assessment: 5
• Second formative assessment: 5
• Third formative assessment: 5
• Fourth formative assessment: 5
• total: 120

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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 retake, 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.  4) Due to the nature of the formative assessment, it cannot be retaken, repeated or completed late.

Consulted with the Faculty Student Representative Committee, approved by the Vice Dean for Education, valid from: 06.05.2024.

In relation to the learning outcomes listed at section 2.2 the course covers the following topics. During certain semesters these topics are scheduled according to the given circumstances.