GeographyGeography (from Greek: γεωγραφία, geographia. Combination of Greek words 'Geo' (The Earth) and 'Graphien' (to describe), literally "earth description") is a field of science devoted to the study of the lands, features, inhabitants, and phenomena of Earth. Geography is an all-encompassing discipline that seeks an understanding of Earth and its human and natural complexities—not merely where objects are, but also how they have changed and come to be.
Market (economics)In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society.
Regional geographyRegional geography is a major branch of geography. It focuses on the interaction of different cultural and natural geofactors in a specific land or landscape, while its counterpart, systematic geography, concentrates on a specific geofactor at the global level. Attention is paid to unique characteristics of a particular region such as natural elements, human elements, and regionalization which covers the techniques of delineating space into regions.
Tobler's second law of geographyThe second law of geography, according to Waldo Tobler, is "the phenomenon external to a geographic area of interest affects what goes on inside." This is an extension of his first. He first published it in 1999 in reply to a paper titled "Linear pycnophylactic reallocation comment on a paper by D. Martin" and then again in response to criticism of his first law of geography titled "On the First Law of Geography: A Reply." Much of this criticism was centered on the question of if laws were meaningful in geography or any of the social sciences.
Quantitative revolutionThe quantitative revolution (QR) was a paradigm shift that sought to develop a more rigorous and systematic methodology for the discipline of geography. It came as a response to the inadequacy of regional geography to explain general spatial dynamics. The main claim for the quantitative revolution is that it led to a shift from a descriptive (idiographic) geography to an empirical law-making (nomothetic) geography. The quantitative revolution occurred during the 1950s and 1960s and marked a rapid change in the method behind geographical research, from regional geography into a spatial science.
Location theoryLocation theory has become an integral part of economic geography, regional science, and spatial economics. Location theory addresses questions of what economic activities are located where and why. Location theory or microeconomic theory generally assumes that agents act in their own self-interest. Firms thus choose locations that maximize their profits and individuals choose locations that maximize their utility. While others should get some credit for earlier work (e.g.
Urban economicsUrban economics is broadly the economic study of urban areas; as such, it involves using the tools of economics to analyze urban issues such as crime, education, public transit, housing, and local government finance. More specifically, it is a branch of microeconomics that studies the urban spatial structure and the location of households and firms . Historically, much like economics generally, urban economics was influenced by multiple schools of thought, including original institutional economics and Marxist economics.
EconomyAn economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors.
Regional economicsRegional economics is a sub-discipline of economics and 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 the derived with respect to regions whose geographical scope ranges from local to global areas. Regional Economics: refer to the economic advantage of a geographical location and human activities of greatest height to contribute maximally to the general growth and prosperity of the region.
GeographerA geographer is a physical scientist, social scientist or humanist whose area of study is geography, the study of Earth's natural environment and human society, including how society and nature interacts. The Greek prefix "geo" means "earth" and the Greek suffix, "graphy", meaning "description", so a geographer is someone who studies the earth. The word "geography" is a Middle French word that is believed to have been first used in 1540.
