Regional economics
Regional economics is a sub-discipline of economics. It is often regarded as one of the fields of the social sciences. It addresses the economic aspect of the regional problems that are spatially analyzable so that theoretical or policy implications can be derived concerning regions whose geographical scope ranges from local to global areas. Regional Economics refers to the economic advantage of a geographical location and human activities of the most significant height to contribute maximally to the general growth and prosperity of the region [Wikipedia].
As time has progressed, regional economies have surpassed national and state-level strategies regarding importance and impact. Regional economies offer the best environment for idea experimentation in terms of economic development [Inside INdiana Business].
The Importance of Regional Economics Development to Indiana’s Growth. Inside INdiana Business. Retrieved from: https://www.insideindianabusiness.com/articles/the-importance-of-regional-economic-development-to-indianas-growth
Regional Economics. Wikipedia. Retrieved from: https://en.wikipedia.org/wiki/Regional_economics