Regional Economics

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This course, which is part of the Bachelors program in Economics, is directed to students at the level of 1st cycle of the Bologna process, with some background in microeconomics and macroeconomics and it aims at making them acquire rigorous knowledge about the fundamental issues of regional economics.

The students who have completed this course will be able to:

a) Address the economic problems using the methodologies of regional analysis;

b) Develop a better knowledge about the main regional development policies;

c) Have a better understanding about the location of economic activities;

d) Analyze the main regional issues in Portugal and in the Azores.

This allows the students to gain a good preparation facilitating their access to high qualified jobs in local, regional, national and international development agencies, as well as in academic and research careers.


Part I: Regional Economics

1. Regional Income and Employment Determination.

2. The Input Output Approach to Modeling the Regional Economy.

3. Regional Growth Disparities: Neoclassical Perspectives.

4. Export Demand Models, Agglomeration and Cumulative Growth Processes.

5. Interregional Trade.

6. Interregional Migration.

7. Regional Unemployment Disparities.

Part II: Spatial Analysis

1. Activities Spatial distribution and clusters;

2. The clusters in the Azores.

Part III: Regional Policies

Regional policy in European Union and in the Azores

Teaching Methodologies

The teaching methodologies include:

a) Oral expositions about the theoretical contents of the program, presenting in PowerPoint the main concepts, and establishing in the beginning of the class a link with the previous class and at the end of the class with the next class.


Armstrong, Harvey & Taylor, Jim (2000) “Regional Economics and Policy (3rd Edition), Blackwell Publishers.

McCann Philip (2001) “Urban and Regional Economics”, Oxford University Press.



ECTS Credits



  • Teóricas - 30 hours
  • Teórico-Práticas - 30 hours

Evaluation Methodology

  • 1st Test: 45%
  • 2nd Test: 45%
  • Discussion of a scientific article and / or case study: 10%