Economic Development Planning
Focuses on the policy tools and planning techniques used to formulate and implement local economic development strategies. Includes an overview of economic development theory, discussion of major policy areas and practices employed to influence local economic development, a review of analytic tools to assess local economies and how to formulate strategy. Coursework includes formulation of a local economic development strategy for a client. Limited to 15.
Spring 2020
This course examines why we plan for economic development, how government is funded in the US, what strategies are commonly used to attract and retain development, and how effective they are at accomplishing goals. We look at the tools and techniques of development through a variety of lenses, including those of effectiveness, equity, sustainability, and impacts on other aspects of public finance.
Readings
- Beer, Andrew, and Terry L. Clower. Globalization, Planning and Local Economic Development (Routledge, 2020). ISBN: 978113881031.
- Jacobs, Jane. The Economy of Cities (Vintage, 2016). ISBN: 9780394705842.
- Florida, Richard. The Rise of the Creative Class, Revisited (Basic Books, 2012). ISBN: 9780465042487.
- Florida, Richard. The New Urban Crisis (Basic Books, 2017). ISBN: 9781541644120.
- Marshall, Alex. The Surprising Design of Market Economies (University of Texas Press, 2012). ISBN: 9780292756755.
- Beer, Andrew, and Terry L. Clower. Globalization, Planning and Local Economic Development. Routledge, 2020. ISBN: 978113881031.
- Florida, Richard. The Rise of the Creative Class, Revisited. Basic Books, 2012. ISBN: 9780465042487.
- Florida, Richard. The New Urban Crisis. Basic Books, 2017. ISBN: 9781541644120.
- Jacobs, Jane. The Economy of Cities. Vintage Books, 2016. ISBN: 9780394705842.
- Marshall, Alex. The Surprising Design of Market Economies. University of Texas Press, 2012. ISBN: 9780292756755.
- Edwards, Mary. “State and Local Revenues Beyond the Property Tax (PDF).” Lincoln Institute of Land Policy, 2006.
- Leigh, Nancey Green, and Edward J. Blakeley. Planning Local Economic Development , sixth edition. Sage Publishing, 2016. ISBN: 9781506363998.
- Seidman, Karl F. Economic Development Finance . Sage Publishing, 2005. ISBN: 9780761927099.
Prerequisites & course information
Prereq: 11.203 , 11.220 , and permission of instructor G (Spring) Not offered regularly; consult department 3-0-9 units
Sources
- Course catalogue ↗2026–2027
- MIT OpenCourseWare ↗Spring 2020
- MIT OCW syllabus ↗
- MIT OCW calendar ↗
- MIT OCW readings ↗
- Historical MIT OpenCourseWare offering. Named reading entries and schedule topics are automatically extracted from the linked source pages.