Objectives
The aim of the course is for students to 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 rural development.
Academic results
Knowledge
- The student is familiar with the location choice theories (regional microeconomics);
- is familiar with theories describing the various development paths of regional economies (regional macroeconomics);
- is familiar with policies aiming to enhance territorial convergence;
- is familiar with European cohesion policy and Hungarian spatial development perspective;
- and is familiar with international and Hungarian best practices.
Skills
- The student is able to analyse the macro-environment of a town/city;
- to analyse the effect of various economic policies on regional growth;
- to assess the effects of international, national economic, social processes to localities,
- to comprehend the local effects and answers to global shocks;
- to assess the factor endowment structure connected to regional development,
- and is capable to report about the themes listed above both for scientific and every-day people.
Attitude
- The student cooperates with their peers and lecturer;
- expands their knowledge through continuous learning;
- is open to the usage of IT tools;
- strives to comprehend complex systems;
- strives towards reducing different inequalities within the society; is committed to take decisions from a social well-being and sustainability perspective.
Independence and responsibility
- The student is capable of individual analysis in a regional economics context;
- is open to receive both positive and negative feedback;
- is capable of teamwork and ready to cooperate;
- applies a systematic way of thinking.
Teaching methodology
Lectures and seminars, problem-solving, oral and written communication. Application of IT tools and techniques in different individual and groupwork.
Materials supporting learning
- Illés Iván: Regionális gazdaságtan, területfejlesztés. Budapesti Műszaki és Gazdaságtudományi Egyetem. Typotex Kiadó, Budapest, 2008.
- Előadásanyagok diasorai.
- Lengyel Imre: Regionális és városgazdaságtan. Szegedi Egyetemi Kiadó, Szeged, 2021.
- Lengyel Imre: Regionális gazdaságfejlesztés. Versenyképesség, klaszterek és alulról szerveződő stra-tégiák. Akadémiai Kiadó, Budapest, 2010.
- Szabó Mariann – Bozsoki Fruzsina: Városi barnamezős területek megújításának hatása környezeti, társadalmi és gazdasági szempontból. Magyar Tudomány 185(2024), https://mersz.hu/dokumentum/matud202404__13
- Lőrincz Katalin – Szabó Mariann – Agárdi Izabella: „Semmi különös? A Bakony ékkövei” társadalmi innováció és hálózatos együttműködés a VEB2023 programban. TURISZTIKAI ÉS VIDÉKFEJLESZ-TÉSI TANULMÁNYOK 8. (2023), DOI: 10.15170/TVT.2023.08.01.03
- Gadár László – Szabó Mariann – Lantos Zoltán – Abonyi János: Measuring factors affecting local lo-yalty based on a correlation network. Cities 145, Paper: 104677 , 15 p. (2024). https://doi.org/10.1016/j.cities.2023.104677
- Hoover, Edgar M. and Giarratani, Frank, An Introduction to Regional Economics (2020). Web Book of Regional Science. 4. available at: https://researchrepository.wvu.edu/rri-web-book/4
General Rules
The assessment of the learning outcomes formulated in point 2.2. is based on: 1. 2 mid-term summative assessments (mid-term exams); 2. Four homework tasks to register mid-term progress with continuous feedback from the instructor through supportive assessment of ongoing development (formative assessments).
Performance assessment methods
1. Summative assessment: a complex, written evaluation 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, so in addition to the precise knowledge of the concepts, it focuses on problem recognition and -solutions. The course material on which the evaluation is based on is determined by the lecturer of the subject. 2. Formative assessment: a complex evaluation method of the subject's knowledge, ability, attitude, and independence and responsibility competence elements, which takes the form of four homework tasks to be prepared individually or in groups, the content, requirements, submission deadline, and evaluation method of which are determined by the instructor.
Percentage of performance assessments, conducted during the study period, within the rating
- 1st summative assessment: 40
- 2nd summative assessment: 40
- 1st formative assessment (homework task): 5
- 2nd formative assessment (homework task): 5
- 3rd formative assessment (homework task): 5
- 4th formative assessment (homework task): 5
- Total: 100
Percentage of exam elements within the rating
Conditions for obtaining a signature, validity of the signature
-
Issuing grades
| % | |
|---|---|
| Excellent | 90-100 |
| Very good | 85-89 |
| Good | 76-84 |
| Satisfactory | 63-75 |
| Pass | 50-62 |
| Fail | 0-49 |
Retake and late completion
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 comple-tion 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 possi-bilities according to point 1), they may make a second attempt to successfully complete the course after paying the fee specified in the regulations. 4. Each formative assessment can be retaken, repeated or completed late.
Coursework required for the completion of the subject
| Nature of work | Number of sessions per term |
|---|---|
| Participation | 42 |
| Preparation for contact lessons | 28 |
| Preparation for assessments | 50 |
| Total | 120 |
Approval and validity of subject requirements
Consulted with the Faculty Student Representative Committee, approved by the Vice Dean for Education, valid from: 04.05.2026.
Topics covered during the term
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.
| Lecture topics | |
|---|---|
| 1. | An introduction to the course. Origins of Regional Economics and Regional Science. |
| 2. | Regions, regionalism, regional development. Challenges of regional economics and its main research topics. |
| 3. | Nature of regional disparities and inequalities. Regional Policy of the European Union, results. |
| 4. | Introduction to regional microeconomics. |
| 5. | Early location theories. |
| 6. | Nowadays’ location choices, trends. |
| 7. | Revitalization and retro-branding (examples and consequences). |
| 8. | Basics of regional and urban marketing: who are the consumers of the cities? |
| 9. | Theories of regional development. |
| 10. | Urban and rural development best practices from Hungary. |
| 11. | Urban and rural development best practices from Europe I. |
| 12. | Urban and rural development best practices from Europe II. |
Additional lecturers
| Name | Position | Contact details |
|---|---|---|
| Ballabás Gábor, PhD | egyetemi adjunktus/senior lecturer | ballabas.gabor@gtk.bme.hu |