[ESG 126] - Final Exam Guide - Comprehensive Notes for the exam (64 pages long!)

• School: Bishop's University
• Department: Environmental Studies & Geography
• Course: ESG126
• Professor: mercer

Document Summary

How people make decisions: people face trade off, the cost of something is what you give up to get it. Ignore sunk cost (forward-looking: people respond to incentives, trade will make everyone better off, markets tend to increase efficiency, sometimes the government can eliminate market inefficiencies. Never does one country have comparative advantage in both goods: therefore no trade if it(cid:495)s the same. Assume stewart completely specializes in his comp. adv good. Perspective that human actions are shaped/caused by physical environment. Distribution of people and their patterns and processes. Importance of interpreting data and discerning its meaning. Spatial perspective changes what defines a region: ex: hamilton factory region might be a region within hamilton but would not likely classify on provincial or national scale. Visible/definable features of a land area. (cultural/human or physical) Ex: agriculture grid organization of rural ontario or buildings/highways/bridges in urban areas. Regions of the world are becoming similar in many ways: economic,