Course Objectives
Required text: Edward J. Blakely (1994). Planning Local Economic Development: Theory and Practice. Sage Publications, California.
Class Assignment: Each student is required to review and provide critical comments on one of the following regional development projects in the United States. These materials are available on reserve in the library. Your review should be limited to 3 typed double pages.
Grading: All in-class and final examinations will consist of short questions and essays. Prior approval is required for missing an examination. No make-up examinations will be granted if you fail to seek prior approval.
The final grade will consist of 7 elements
Points
Your final grade will be determined based on the total points accumulated over 400. The scale is as follows:
Academic dishonesty: Note that academic dishonesty including plagiarism and cheating during examination is a serious offence and carries severe penalty. Refer to the Pathfinder for details.
Disruptive Student behavior: The university will not tolerate disorderly or disruptive conduct which substantially threatens, harms or interferes with university personnel or orderly university processes and function. A faculty member may require a student to leave the classroom when his/her behavior disrupts the learning environment of the class. A student found responsible for disruptive behavior in the classroom may be administratively withdrawn from the course.
Policy: Students are expected to attend classes regularly and participate actively during class discussions. Attendance will be recorded and failure to attend classes will result in the loss of marks. Students are responsible for informing the instructor of their presence if they arrive after attendance has been taken.
Project Proposal: Each student is required to prepare a project proposal for government assistance for a development project. Refer to chapter 11 of your text on how to prepare project proposals. As a project director of a firm interested in establishing a business in an industrial park, write a project proposal to your county for financial aid. The county is interested in the project because of potential job creation in the region and possible spin-off effects. On the other hand, the firm needs financial support from the county for the project.
Your project proposal should consist of the following
1) A covering letter (1-2 pages)
A covering letter is a formal letter from your company to the county requesting for funds. This type of letter is usually brief and very formal. It should be limited to a page or two. It is important to avoid sloppy language and abbreviations. Spellings and grammar should be checked. The letter should be directed to:
2) Development Proposal (Review Blakely, chapter 11) (8-10 pages)
Development proposal is a detailed business plan which outlines the nature of support required from the Economic Development Authority. The plan is used to convince funding agencies that your business is viable. It is also used to demonstrate the short and long-term impacts of development on local or regional economy. You proposal should indicate the nature of your human resources, that is, technical and supporting staff.
While students are encouraged to adopt their own format, the project proposal must include the following elements. Headings and sub-headings are strongly recommended.
As a project coordinator for the company, attach your current resume. It is a good idea to emphasize your experience with the project.
4) Reply from economic development authority (1-2 pages)
Pretend you are the economic development officer of the county. In your response to the company, provide a critical appraisal to the proposal. You may accept or decline the proposal. Either way, you need to justify your decision.
General Course Outline and Reading (subject to change)
1: Introduction
2: Why economic development? Chapter 1
4: The planning process Chapter 4
5: Techniques of economic development Chapter 5
6. Strategy of economic development Chapter 6
7. Elements of a project proposal Chapter 11
Part 2: Types of Development Planning
8. Regional transportation development (reading assigned)
9. Historic preservation for regional development (reading assigned)
10. Business Development Chapter 8
10. Human Resource Development Chapter 9
11. Community Development Chapter 10
12. Institutional Structures Chapter 12
13. High Technology Economic Development Chapter 13