Question 1) Thoroughly explain why there is a strong association between development and urbanism. A perfect answer will include a discussion of ALL the benefits and disadvantages of urban concentration. As well as a discussion of two well-known theory of city size and urbanism
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- 1. Provide viable explanations to illustrate the below. a)Dutch Disease b)Rybczinski’s theorem c) Leontief’s Paradox d) Immizerizing Growth 2)What is the concept of “agglomeration”. Explain the internal and external effects associated with this concept.c) Briefly explain why UrbanPlannersneed to understand and analyse economic dimensions ofa Human Settlement development atthe initial stage of the planning process. at theWhich of the following characteristics is not included in the definition of a city? a. permanence b. dense settlement c. advanced culture d. occupational specialization in nonagricultural activities
- There is a significant positive correlation between measures of the degree to which property rights are secure in a country and GDP per capita. (a) Is this an evidence that economic institution has causal effect on economic performance? Explain why. What could be a research design that identify the causal effect of institutions on economic development?One of the ultimate contributions of the four major theories of city growth is their demonstration that cities do notgrow in a random fashion. T or F?Financial development, social capital, favourable business regulation, tradeopenness are different aspects of ‘social capability’ influencing innovationprocesses and, therefore, economic development. Make a ranking of these factorsaccording to their observed degree of importance for economic development (3points). Explain why ‘inclusiveness’ and ‘equality in opportunities’ canstrengthen the innovation capability of an economy
- Outline the functions of the theories with regards to the development of urban areasPlease no written by hand solution Assume a society consists of two economic? groups: one group is rich and the other group is poor. Suppose that 50 percent of the population is rich while the other 50 percent of the population is poor. Consider two scenarios. Scenario? A: The rich have ?$60000 ?each, while the poor have ?$2000 each. Scenario? B: The rich have ?$7500 ?each, while the poor have ?$750 each. If you only care about average income and not about? equity, you would prefer ? a or b ?, which has an average income of ?$ ________. ?(Enter your response to the nearest dollar?.) Now suppose that you only care about equity or inequality. In this? case, you would prefer ? Scenario B or Scenario A ?, which has a? rich-to-poor ratio of ________. ?(Round your response to one decimal place?.) ?Finally, suppose you only care about living standards. In this? case, you would prefer ? Scenario B or Scenario A because it has lower poverty.Financial development, social capital, favourable business regulation, tradeopenness are different aspects of ‘social capability’ influencing innovationprocesses and, therefore, economic development. Make a ranking of these factorsaccording to their observed degree of importance for economic development
- The economic activity of a country is often quantified as the gross domestic product (GDP), which is the sum of private and government consumption, investments, and net exports (the value of exports minus the value of imports). For a developed country such as the United States, economists might see a GDP growth rate of 3% a year as reasonable. However, production and consumption create some pollution. By how much would pollution per dollar of GDP have to decline for pollution levels 50 years from now to be the same as current levels, assuming a 3% annual growth rate of GDP? In 75 years? In 100 years? (Hint: Let the current pollution level be 1 and find out what the future pollution level would be)."Explore the economic consequences of a significant increase in remote work and telecommuting on urban real estate markets. Assess the impacts on commercial property values, residential housing patterns, and public infrastructure investment, particularly in the context of agglomeration economies."A nation’s population size and the affluence of its citizenseach influence its resource consumption and environmentalimpact. As of 2013, the world’s population passed 7.1 billion,average per capita income was $11,690 per year, and the latest estimate for the world’s average ecological footprint was2.7 hectares (ha) per person. The sampling of data in the tablewill allow you to explore patterns in how population, affluence,and environmental impact are related. Calculate the total impact (national ecological footprint)for each country.