Regional economics and regional economic modelling


Environmental and Regional Studies (3rd level)

Regional studies (3rd Cycle)

Course code: DIR09
Year of study: without

Course principal:
Assist. Prof. Janez Nared, Ph.D.


Workload: lectures 40 hours, seminar 20 hours, individual work 120 hours
Course type: modul elective
Languages: Slovene, English
Learning and teaching methods: lectures, e-learning, seminars


Course syllabus (download)


Second-cycle Bologna degree in the relevant track or a university (level VII) degree


Content (Syllabus outline):

  • introduction to regional economics
  • methods in regional economics
  • regional economic growth and its factors
  • location theories and regional specialisation
  • public policies
  • project cycle
  • economic impact analysis
  • technological, demographic, social and environmental trends
  • business development
  • research and innovation policies (smart specialization strategies., Industry 4.0, digitalization)
  • regional economic modelling
  • spatial econometrics
  • regional multiplier



  • McCann, P. 2001: Urban And Regional Economics. Oxford.
  • Stimson, R. J., Stough, R. R., Roberts, B. H. 2006: Regional Economic Development. Analysis and Planning Strategy. Springer.
  • Krugman, P. 1991: Geography and Trade. Gaston Eyskens Lecture Series.
  • Armstrong, H., Taylor, J. 2000: Regional Economics and Policy. Wiley
  • Huggins, R. (ed.), Thompson, P. (ed.) 2017: Handbook of Regions and Competitiveness: Contemporary Theories and Perspectives on Economic Development. Edward Elgar.
  • Pike, A.; Rodriguez-Pose, A., Tomaney, J. 2017: Local and Regional Development: second edition. Routledge.
  • OECD, 2018: Job Creation and Local Economic Development 2018: Preparing for the Future of Work. OECD.
  • Ehlhorst, P. (2014): Spatial Econometrics – From Cross-Sectional Data to Spatial Panels, Springer.


Objectives and competences:

The aim of the course is to present economic aspects of regional development, in particular regional economic growth factors, locational theories, regional specialisation, methods for economic impact assessment, business development, etc. and thus present economic theories and models that can be used at regional level.


Intended learning outcomes:

  • understand economic premises of development
  • use economic knowledge for solving development issues
  • develop economic models and use them to explain economic situation



Exam (90 %), written paper (10 %).