0.introduction.pptVIP

Introduction to the Course 1.the purpose of the course Study of location theory aims finally at the increase of earnings and production of living standards. 1.the purpose of the course therefore, more and more time is devoted to the matters of income, the price of food, housing costs, fuel costs, taxation and government spending. 1.the purpose of the course politics is largely a matter of housekeeping for the state. 1.the purpose of the course The role of this course lies in its power to predict and such forecasting requires an understanding of how the world works. 1.the purpose of the course The explanation of events lies in its circumstances which conspire to give rise to them, and circumstance is a matter of place as well as time. 1.the purpose of the course This book focuses on the geographical circumstances governing the economizing of limited resources. 1.the purpose of the course The location theory is concerned with the compatibility of the best interests of all society with the unfettered operation of markets in assigning resources to uses. 1.the purpose of the course Does the sum of individual efforts to gain their own best ends result in a disposition of resources which is best for society as a whole? 1.the purpose of the course The problem is transformed into seeking discrepancies between the equilibrium of a simplified representation of the economy and a prescriptive optimum defined in terms of a social welfare objective. 1.the purpose of the course Is the equilibrium resulted from without government intervention in terms of maximizing the well-being of the whole society? 1.the purpose of the course If not, what government intervention is taken to promote the connective configuration? Does present government intervention do so? 1.the purpose of the course In order to construct location theory, we must comprehend how the world functions, with the geographical factors taken into consideration. 1.the purpose of the course The ceteris paribus approach