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ECON 3313 Economic Development

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The ECON 3313 Economic Development course is basically the study of economic factors affecting economic growth and development. The focus is on the experience of third world countries.

Economic development means different things to different people. Generally speaking, anything the community does to promote and build a healthy economy can be eligible for economic development support. Today's economic development professionals are working harder than ever to define their areas to make decision-makers, the public, and others more specific and visible. There can be as many definitions of economic development as people are practicing it.

From a social point of view, local economic development includes allocating limited resources - land, labor, capital and entrepreneurship, which positively affects business activity, employment, methods of income distribution and financial solvency. It is the process of deliberately interfering with normal economic growth, making it easier or more attractive. Today, communities in California are looking at what they can do to promote financial stability and more significant economic development.

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