11.481J / 1.284J / ESD.284J Analyzing and Accounting for Regional Economic Change, Spring 2004

Surveys theories of regional growth, factor mobility, clustering, industrial restructuring, learning regions, and global supply chains from a political-economy perspective. Examines/critiques accounting frameworks including accounting for the underground economy, multipliers, linkages, and supply chains used to assess employment and environmental impacts, infrastructure investments. Assesses price indices, industrial location and employment measures, and shift-share analyses. Discussions of US and foreign applications. From the course home page: Course Description Students examine and critique accounting frameworks, including accounting for the underground economy, multipliers, linkages, and supply chains used to assess employment and environmental impacts and infrastructure investments. They also assess the value of price indices, industrial location and employment measures, and shift-share analyses. Discussions of US and foreign applications and their relation will be featured in the class.