Urbs 380 Midterm Study Guide

740 Words Nov 12th, 2014 3 Pages
URBS 380 Midterm Study Guide:

For multiple choice, true/false questions and short answer, you may be asked about the following concepts or issues:

Neo-classical assumptions about markets

Know the three different kinds of agglomeration economies – what is the difference between them? which one is significant for innovation?

Diseconomies of scale – know definition

Human capital

Comparative advantage

Know the three assumptions that inform the ‘monocentric city’ perspective (refer to Kloosterman & Musterd article).

As a supply-side strategy for influencing the location choices of firms, tax policy is used to address what kind of costs? Do taxes influence location decisions?

Staple theory vs. export (or 'economic)
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Definitions:

Six of the eight terms below will appear on the exam; you will be asked to define five. Maximum: two sentences for each definition.

Localization economies - define and be able to list three examples.
Benefits that arise from spatial concentration of many firms in the same industry. Examples: shared intermediate inputs; labour pooling; knowledge spillovers.

Urban sprawl low-density development ... which separates where people live from where they shop, work and recreate – requiring cars to travel between zones.

Industrial revenue bond (IRB) loan to buy land, facility or equipment; financed by investor, issued by city

‘Minus-sum’ effects (refer to Eisinger reading) foregone tax revenues

Neo-liberalism extension of market principles to all spheres of life, incl. provision of public goods Fiscal zoning – define and provide an example excludes households that would impose a fiscal burden on local government
(use of services relative to taxes paid) Tacit knowledge – know the definition and know what facilitates the exchange of this kind of knowledge (refer to discussion in Rutland and O’Hagan article).
‘Trickle-down’ effect (relating to core-periphery relations)

Short answer questions:

Three of the four questions below will appear on the exam and you will be asked to address all three. Maximum: Three sentences for each question.

a) According to Filion (2010), what distinguishes the

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