Question:
There are two sections. section 1 has 4 questions. Each question has be answered with 1 paragraph. section 2 has 2 questions. each question needs to be answered with 5 paragraphs.
Section 1: Answers are 1 paragraph long
1. What is “brain drain” and what role does it play in migration?
2. True or false: Urban sprawl is mainly caused by “fundamental forces”. Explain your answer.
3. Compare and contrast the formation of trading cities versus factory cities. How do each form, how do they differ, and what relationships do they share?
4.Explain the concept of equilibrium in the context of urban/regional economics. What do we mean when we say a city or region is an equilibrium?
Section 2: Answers are 5 paragraphs long
1. What are the benefits to firms from clustering and agglomeration economies? Can they help and/or hinder a firm’s competitiveness?
2. Explain the role of age, education, and amenities in migration decisions. How does each influence the decision to migrate and, from what you have learned in class, which plays the larger role in the migration decision?
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