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•ÌýÌýÌýÌýÌýÌýÌýÌý Content

Managing the City Economy draws on social sciences, especially economics and politics, to study city economies and their management in both developing and developed countries. It enables students to develop a holistic understanding of the dynamic nature of city economies and the factors that underlie their performance. By linking theory with practice and through critical examination of selected policy experiences around the world, this module enables students to also develop skills of formulating and evaluating industrial policy and city development strategies.

It takes climate change into consideration throughout. It is particularly useful for those who are interested in a career that involves the strengthening of city economies through public intervention.

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•ÌýÌýÌýÌýÌýÌýÌýÌý Teaching delivery

This module comprises 18 teaching units over two terms, presented in a mix of lectures, seminars, debates, and a workshop. The first term dissects the city economy and examines sector- and industry-level activities and policy issues. The second term explores key challenges, debates, and policy responses around the implementation of sustainable development at the city level, followed by in-depth city case studies.

Indicative lecture topics:

TERM ONE

Introduction to cities and ethics of development

The central business district and international financial centres

Industrialisation, deindustrialisation, and urban industry

Making manufacturing work

Services and services exports: trends and issues

Promoting service industries and services exports: practices

Transport and logistics

The real estate industry

Property-led urban regeneration and land value capture.

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TERM TWO

Implementing sustainable development: An introduction

Addressing poverty and informality

Governing low-carbon transitions

Managing infrastructure investment and municipal finance

Analysing the city economy and its structural change

Formulating and evaluating city development strategies

Introducing city case studies

City case studies workshop

Final reflection and discussion.

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•ÌýÌýÌýÌýÌýÌýÌýÌý Module Aims and/or Objectives

This module aims to enable students to:

• Gain a critical understanding of the city economy as an open and dynamic system.

• Be able to propose appropriate policy measures for different economic activities.

• Be able to analyse the city economy’s structural change and identify the key drivers.

• Be able to evaluate the effects and impact of government intervention.

• Be able to develop and formulate city development strategies.

• Develop transferable skills through reading, summarising, and

utilising learning materials, engaging in group, forum and class discussions, and effective coursework preparation.

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•ÌýÌýÌýÌýÌýÌýÌýÌý Recommended introductory readings

Meier, G. M. and Rauch, J. E. 2005, Leading Issues in Economic Development, 8th edition, Oxford: Oxford University Press.

O’Sullivan, A. 2019, Urban Economics, 9th edition, New York: McGraw-Hill.

Zhang, L.-Y. 2015, Managing the City Economy: Challenges and Strategies in Developing Countries, London: Routledge.

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