Texts:

Regional Economic Impact Analysis and Project Evaluation  by H. Craig Davis (HCD)

Urban and Regional Economics  by Philip McCann (M) (OPTIONAL)

The Web Book of Regional Science. http://www.rri.wvu.edu/regscweb.htm

Includes:

An Introduction to Regional Economics  by Edgar M. Hoover and Frank Giarrantani (HG)
Regional Impact Models  by William A. Schaffer (S)
Computable General Equilibrium Modeling for Regional Analysis  by Eliécer Vargas, Dean Schreiner, Gelson Tembo and David Marcouiller (VSTM)
Migration and Local Labor Markets  by Stephan J. Goetz (G)
Industrial and Regional Clusters: Concepts and Comparative Applications. Edward M. Bergman and Edward J. Feser (BF)

Course Outline:
Through Week ending	Topic	Reading
Feb. 7	Intro and Econ Base Models Getting to know your local economy	HCD Chapters 1,2,3 BF HG Chapters 1 and 9 S    Chapters 1 and 2
Feb. 17	Regional IO models	HCD Chapter 4 S     Chapter 3, 4 and 5
Mar 10	Case Studies: CU ICAR, Clusters Tourism, Katrina	Handouts, Selected readings from
Mar 15	MID TERM EXAM
Mar 19-23	Spring Break
Mar 31	Comparisons of Approaches Case Studies in Natural Resources	HCD Chapter 5 Handouts
April 6	Social Accounting	HCD Chapters 6-9 Selected readings
Apr. 27	Fiscal impact models	Selected readings from Penn State Univ http://www.aers.psu.edu/CommunityDevelopment.htm
FINAL EXAMS: April 28-May 4

Course Grade: Regional Model Project     30%
                        Midterm Exam                  35%
                        Final Exam                        35%

Course Goal: Students should learn how to estimate the economic and fiscal impacts on local economies from shocks to the regional economy and alternative uses of land and water resouces.

Objectives: (1) To learn the fundamentals of economic impact analysis; (2) to gain "hands on" experience with techniques for impact analysis; (3) to carry out case studies of how a local economy responds to an economic shock and (4) how alternative uses of land and water resources affects local economies.

Policies Governing Examinations
and Related Matters

1. Examinations - There will one-mid term examination, a case study, and a comprehensive final examination. There will be no exemptions from the final examination.

2. Academic Dishonesty - The Clemson University policy on academic dishonesty is printed in the Student Handbook. All students are required to read this material. The university policy will be enforced rigorously in this course. The following are porcedures to be followed in this course to prevent academic dishonesty or the appearance thereof.

a. Students will be allowed to use personal calculators on examinations, but students may not borrow calculators from other students while an examination is in progress.

b. The professor will provide a copy of the examination and other materials necessary for the standing of that examination to each student. No student may have any other material of any sort, except one or more pens or pencils and a personal calculator, on his or her desk while an examination is in progress.

c. During the course of an examination, students are required to exercise extreme care to keep their eyes on their own work. The professor will closely monitor students during examinations and will caution students whom he has reason to believe are allowing their eyes to wander. A second caution will result in the examination being stopped for the student in question.

d. The student integrity policy will be strictly enforced. Any incident of Academic Dishonesty as defined below will result in a grade of F for the course. Academic Dishonesty is defined as:

1. Giving, receiving or using unauthorized aid on any academic work;
2. Plagiarism, which includes the copying of language, structure, or ideas of another and attributing the work to one's own efforts;
3. Attempts to copy, edit, or delete computer files that belong to another person or use of Computer Center account numbers that belong to another person without the permission of the file owner, account owner or file number owner.

All academic work submitted for grading contains an implicit pledge and may contain, at the request of an instructor, an explicit pledge by the student that no unauthorized aid has been received.

Additional Information--Faculty Arrival Policy: Students are expected to wait at least 10 minutes after the normal starting time of the class before assuming the class is canceled.

Attendance Policy: As set forth in "Academic Policies and Procedures," Student Handbook. In addition: Three or more unexcused absences will result in dismissal from the course.
    

This is a preliminary version of this syllabus. The official version is the one distributed in class.

Spring 2007 Course List   Ag Econ home 

2007 by Mark S. Henry, Professor, Department of Applied Economics & Statistics, Clemson University, Clemson, SC

updated 2/27/07