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Introduction
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Systems of making a living: subsistence, market, planned. World distribution of economic systems. Agriculture: variations among systems in different world regions. Von Thunen theory of agricultural location. Location of economic activities in each system. World economic systems: specialization, comparative advantage, interdependence, trade, movement of capital to low wage regions. Characteristics of developed core and developing semi-periphery and periphery of the world. The "rich" fast north vs. the "poor" slow south.
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Goals
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The goals for this section of the
course are:
- to understand how people earn
their living
- to understand that livelihood
systems vary spatially
- to know how economic activities
are interrelated and linked in a global economic
system
- to understand world patterns in
economic development and characteristics of nations at
different levels of development
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You may wish to re-read parts of Chapter 1 pp 26-31 just to review key concepts related to spatial interaction, specialization, and diffusion, economies of scale, and complementarity. Chapter 7 builds on these ideas and establishes patterns (uneven!) of world economic processes. The framework is core-periphery, so you should review those concepts from pp 54 to 78. Pay special attention to the changes in technology systems and how they have changed relationships in global economies and resource use over time. Chapter 8 focuses on agriculture as an economic activity. Be sure you understand both traditional and agro-industrial agriculture. Chapter 10 pp 405-412 examines systems of cities. It is appropriate to read this section along with economic geography because of the close relationship between economic development and urbanization. Pay close attention to the theory of central place which explains much of the regularity in spatial relations we see. The rank-size rule (and primacy) is another concept that helps us to understand why things are the way they are. Note the importance of world cities explained on page 411. It is all about agglomeration effects! |
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Outline
Notes
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The notes for this section of the course appear on this Word doc. Please remember, they are the barest outline of material covered in class. They are simply a reference, not a substitute for attending class and taking notes from the lecture. Feel free to format them, fill them in to include class comments, etc.
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Links
to Other Resources
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The Economist
is a respected world resource for news on the global market.
The home page for Economic
Geography contains a number of resources you might find useful. Yale University hosts an excellent website focused on an balanced analysis of globalization and economic issues.
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