1. Geography 207 Economic Geography Professor William B. Beyers Teaching Assistant: Anne Bonds What is economic geography? What are its roots, and to what is it related? What are the goals for this course? What are the class requirements? What are the day-to-day mechanics?

2. Some key topics  Why locating businesses properly helps guarantee profitability  Why land use patterns arise in cities  Why regional economies grow or decline  How large, global corporations are reshaping the geography of production  How industrial systems are being reshaped by the information revolution  Why geography matters in economics!!

3. Economic Geography: Background Roots of Modern Economic Geography –Von Humboldt - Cosmos –Environmental Determinism –Commercial Geography –The Quantitative Revolution & Theoretical Geography –Applied Geography, Including Business Geographics –Regional Science, Urban Planning, Business Administration including Marketing

4. Goals For This Course A Comprehensive Survey of the Field Some Hands-on Experience using materials covered in the text & lecture An appreciation of how the materials we will cover are treated in more advanced courses and in related fields Recognition of both theoretical principles and their real-world application.

5. Course Requirements: Mechanics Two Midterm Examinations Final Examination The Examinations are based on the Textbook and the Lectures Three Research Exercises Participation in Discussion Sections Lecture notes: Available as links off course web page, but not all the graphics.

6. Grades and Points Point Distribution - Tentative Exam 1 and Exam 2: 100 points each Final Exam:100 or 150 points Research Exercises - 35 points each Grades: Class Median = UW Undergraduate Median = 3.1-3.2

7. About Beyers Seattle native, live in West Seattle, UW undergrad and Ph.D. graduate Economic Geography is my field Research Interests: –Service Economy; New Economy; Economic Trends in U.S. regions; Trends in the Rural West; Offshoring; Cultural Industries Other: Active in Service, University Committees, Chair in Geography Enjoy Teaching this Class Immensely.

8. My TA – Anne Bonds I get to choose who I want as TA for this class Anne is superbly qualified We have worked together on several projects I would like to ask her to speak to her interests and background

9. This textbook The World Economy – by Warf and Stutz It is the 4 th Edition of this book An major remodel, published in 2005 Pearson/Prentice Hall spent $1 million on the graphics It appears to be quite comprehensive My ordering of our treatment of it will deviate somewhat from the chapter order

10. Chapter 1 Economic Geography: An Introduction Geographic Perspectives Economic Geography of the World Economy Globalization World Development Problems Four Major Questions of the World Economy Political Economies Geographical Information Systems

11. Geographic Perspectives Barney Warf’s Style: anything goes The geographic perspective Key Point: Why are activities located where they are? Space and time are interdependent Economic Perspectives: Fig 1.2, Fig 1.3 Economic space is highly unequal Economic Geography as a field

12. Four Major Questions of the World Economy What should be produced, at what scale of output, and with what mix of inputs? How should factors be combined? Labor, capital, resource factors, etc. Where should production occur? Who should get output? How should it be divided?

13. Economics – Key Topics Allocation of Scarce Resources Markets for Production, Distribution, and Consumption The Division of Labor Solving What, How, What Price, What Quantity, and Where Production Takes Place Types of Economic Systems Neoclassical versus Behavioral and Structural Approaches