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Local Economic Development

Welcome to this MOOC on Local Economic Development (LED). Local economic development refers to the processes by which local governments, businesses, and civil society groups get together to raise income sustainably and improve their lives in a well-defined area. It’s about creating jobs, securing livelihoods, improving infrastructure and managing local resources. What do I learn? We will be dealing with questions such as the following. Why does economic development take place in some areas of the world and not in others? Why doesn’t it happen in your place? What prevents people from having the lives they want to live right there? Could your region make more of the opportunities of globalization and new technologies? Did the promises of decentralization in your country fail to deliver better public services and more responsive governments? If these are the questions you are asking yourself, this is the right course for you. It explores the where, who and how of economic development. Please have a look at our list of contents for the coming 8 weeks: 1. What is LED? What drives it? 2. How does globalization shape LED? 3. How does decentralisation affect LED? 4. How does competitiveness affect innovation? 5. What are entrepreneurship and its dimensions? 6. Why are value chains and clusters so important? 7. What are some LED strategies? 8. Your project How will I learn? In each week you will be able to access the content of the videos, suggested readings and additional videos for selective deepening. You will also find assignments that you have to complete if you want to earn a certificate for this MOOC. We will first introduce our “toolkit”, a series of theories and concepts that will help you read the situation in your locality. We will explore the main factors affecting local economic development, such as globalization, decentralisation, and competitiveness. We will discuss key components, like entrepreneurship and innovation and look into the organization of local economies into clusters, value chains and learning regions. We will conclude by deepening on some specific constructs that make local economies grow to benefit their communities. You will also contribute your ideas in the discussion forums, where you will learn from other participants around the world. What makes this course special? There is plenty of information in Internet on local economic development, which is mostly prepared by international donors or multilateral organisations. So what does this course do differently? First of all, the course is offered by academics that have significant published research on local economic development. This course gathers a wealth of academic knowledge that often fights the assumptions on what things are supposed to be like. Second, the instructors of this course have participated in dozens of capacity building projects in Latin America, Asia, Eastern Europe and Africa. Putting learning at the centre, they worked with communities, local governments, international donors and business associations. They often found a significant distance between theory and practice in local economic development, and this has been the basis of learning. Third, the course is acutely aware that each region is different and does not attempt to offer a one-size-fits-all recipe. It singles out key factors that drive local economic development and enables participants to do their own learning process, defining local problems and appropriate solutions. The aim of the course is that participants come up with their own ideas on how to promote local economic development. How will I get a certificate? If you want a certificate for participating in this MOOC, you will need to complete a small assignment each week and participate in the discussion forums. In the end of the MOOC, you will put these contributions together in one final document, your Capstone Project. I hope you find this course exciting and that you get to share our passion for promoting local economic development. Your instructors Dr. Georgina M. Gómez, ISS Prof. Emeritus AHJ (Bert) Helmsing, ISS Dr. Jan Fransen, IHS

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Rating 4.7 based on 19 ratings
Length 9 weeks
Starts Nov 21 (last week)
Cost $49
From Erasmus University Rotterdam via Coursera
Instructors Jan Fransen, Bert Helmsing, Georgina Gomez, Peter Knorringa, Ronald Wall, Salomey Gyamfi Afrifa
Download Videos On all desktop and mobile devices
Language English
Subjects Social Sciences Business
Tags Social Sciences Business Entrepreneurship Economics

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What people are saying

economics at higher levels

I gained tremendous knowledge and insights about Local Economic Development given that I did not have a background in economics at higher levels of learning.

possibly solve many regional

I believe it provides you with useful tools to evaluate and possibly solve many regional problems.

peer grading system will

The improvement of the course content, methodology and peer grading system will be valuable.

but would have appreciated

But would have appreciated depth in the tutorials.

erasmus university rotterdam for

Thanks to Coursera and Erasmus University Rotterdam for this resource.

really enjoyed following it

The course is not boring, I really enjoyed following it.

understanding economic policies around

Mandatory for understanding economic policies around the world.

many thanks.ching yi

Many thanks.Ching Yi , Huang PMP The course was valuable, easy to undertake and complete, with a lot of support provided.

yet seems like

Yet seems like the discussion forum is not too work out.

global value chain

The case studies on this course provide a clear understanding of how can regions develop their economies and integrate their economies into the global value chain.

download content made

The way the course is structured, the tutors, interaction with other learners and the ability to save videos, notes and download content made it a great learning experience.

exposure has opened

The exposure has opened a new area of research interest for me.

Careers

An overview of related careers and their average salaries in the US. Bars indicate income percentile.

Local Agent $38k

Economic Support $51k

Local Artist $56k

Economic Analyst 1 $58k

Local Marketing $60k

Local Organizer $62k

Economic Researcher $66k

Local IT $83k

Local Utility $91k

Local IT Technician $108k

Economic System $114k

Local Counsel $171k

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Rating 4.7 based on 19 ratings
Length 9 weeks
Starts Nov 21 (last week)
Cost $49
From Erasmus University Rotterdam via Coursera
Instructors Jan Fransen, Bert Helmsing, Georgina Gomez, Peter Knorringa, Ronald Wall, Salomey Gyamfi Afrifa
Download Videos On all desktop and mobile devices
Language English
Subjects Social Sciences Business
Tags Social Sciences Business Entrepreneurship Economics

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