Economic Development and Funding

Seminar Content

Economics may be called the 'dismal science' but without economic development people living in deprived communities would have dismal prospects. This seminar provides an overview of the drivers of economic development, of the different approaches adopted by regeneration agencies and of policy tools and mechanisms. It examines the arguments for public sector intervention to promote economic development and how this development can become sustainable. Case studies and practical exercises are used to ensure that the day is participative and that we can draw on each others experience and knowledge.

Tutor

Chris Khamis

Seminar Learning Objectives

1. To outline the key drivers of local economic development and why some areas have suffered economic decline.
2. To explore the role of public sector intervention in economic regeneration.
3. To review the evolution of economic development policies in Britain
4. To look at different approaches to economic development and the interventions available.
5. To provide an overview of how economic development can be funded.
6. To discuss strategies for sustainable economic development.
7. To introduce the methods of assessing economic impact.

Seminar Learning Outcomes

1. Explain the key drivers of economic development and reasons for the decline of some areas.
2. Discuss the role that public sector intervention can play in economic regeneration.
3. Put in historical context recent economic development policies, and how different themes emerged.
4. Outline different approaches to local economic development and the effectiveness of the various types of interventions available.
5. Explain the principles of the funding of economic development.
6. Assess the sustainability of economic development and how further economic regeneration can be catalysed.
7. Understand how the economic impact of an initiative can be measured or forecast.