GGR221H1 Lecture Notes - Karl Andree, Paul Krugman, Tertiary Sector Of The Economy

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11 Mar 2014
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Midterm: february 10, 2014, in the regular classroom. Assignment / essay: march 31 (due in class) How important it was to develop this product. Why it was located in a particular place. Research academic or secondary non-academic (newspapers, magazinesetc) e. g. canada goose jackets, rolex watch, ak47 rifle, *pick something that has a story, contradictions, controversies, labor practices . Pick a product with some sort of manufacturing process. Location of diff types of economic activities, the economies of particular regions, and economic relationships between places. Relationship between places as a result of patterns of location. Distinct from economics - less abstract and generalizing. Paul krugman, economist (ny times) - wrote about the importance and significance of geography in economics a) Transportation costs encourage manufacturers to locate close to other manufacturers. Natural tendency to cluster to save on transportation costs b) Employee buying a good produced locally, own transportation cost is reduced c) Draws other manufacturers to be close to market.

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