April 4, 2017

Download An Introduction to Economic Geography: Globalization, Uneven by Danny MacKinnon PDF

By Danny MacKinnon

Advent to monetary Geographyis a necessary introductory textbook for undergraduate scholars taking classes in Geography and Human Geography. it really is compatible for college students coming near near the topic in any respect degrees.

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Extra info for An Introduction to Economic Geography: Globalization, Uneven Development and Place

Sample text

From this perspective, place can itself be regarded as a process rather than seen as some static and unchanging essence. Places are connected and linked through wider processes of uneven development operating through flows of capital, goods, services, information and people. 1). Reflect ➤ Do you agree that specific places (regions) remain important within a global economy? Justify your answer. 1). It is through such processes that people strive to meet their material needs, earning a living in the form of wages, profits or rent.

Economics views the economy as governed by market forces that basically operate in the same fashion everywhere, irrespective of time and space. The market is composed of a multitude of buyers and sellers – the forces of demand and supply – who dictate how scarce resources are allocated through their decisions about what to produce and consume. Mainstream neoclassical economics is underpinned by the idea of ‘economic man’, assuming that people act in a rational and self-interested manner, continually weighing up alternatives on the basis of cost and benefits, almost like calculating machines.

14–15). The neighbouring discipline of economics was also established in the late nineteenth century, along with a number of other social sciences. From the start, however, the two disciplines assumed different characteristics. Economics views the economy as governed by market forces that basically operate in the same fashion everywhere, irrespective of time and space. The market is composed of a multitude of buyers and sellers – the forces of demand and supply – who dictate how scarce resources are allocated through their decisions about what to produce and consume.

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