Theoretical economic geography is a branch of
economic geography
Economic geography is the subfield of human geography which studies economic activity and factors affecting them. It can also be considered a subfield or method in economics.
There are four branches of economic geography.
There is,
primary secto ...
concerned with understanding the spatial distribution of economic activity.
Theoretical techniques in this branch of economics explain a number of
phenomena
A phenomenon ( : phenomena) is an observable event. The term came into its modern philosophical usage through Immanuel Kant, who contrasted it with the noumenon, which ''cannot'' be directly observed. Kant was heavily influenced by Gottfried W ...
such as:
[Lloyd P. E. and Dicken, P. ''Location in Space: A Theoretical Approach to Economic Geography'', Harper &b Row Publishers, New York, 1972]
*The clustering of people and businesses into cities.
*The location of major
population centers, which is often based on proximity to trade routes. For example, most major cities are located on harbours.
*The distribution of people and businesses within cities with higher density in the centres, reducing to lower density on the fringes.
*The distribution of populations across land masses, with major cities, interspersed with regional centres which are in turn interspersed with smaller towns.
*The
clustering of similar businesses together.
References
{{Reflist
Economic geography
Regional economics