Economic Development Planner You have just been hired as an economic development planner working for a businesswoman who builds large shopping stores and malls in cities. The company wants to build a regional shopping center in a nearby city that is surrounded by a large rural population. To help them conduct a feasibility study, please address the following questions. 1. What type of population-related decisions should be made to determine the best location for the shopping center? For example, is there a demand for new retail stores? 2. What type of population and related information would you need to collect to help determine the best location for the center? 3. What types of analysis would you perform with the information

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter3: Economic Decision Makers
Section: Chapter Questions
Problem 1.4P
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Case Studies

Economic Development Planner

You have just been hired as an economic development planner working for a businesswoman who builds large shopping stores and malls in cities. The company wants to build a regional shopping center in a nearby city that is surrounded by a large rural population. To help them conduct a feasibility study, please address the following questions.

1. What type of population-related decisions should be made to determine the best location for the shopping center? For example, is there a demand for new retail stores?

2. What type of population and related information would you need to collect to help determine the best location for the center?

3. What types of analysis would you perform with the information?

Case Studies
1. Economic Development Planner
You have just been hired as an economic development
planner working for a businesswoman who builds large
shopping stores and malls in cities. The company wants to
build a regional shopping center in a nearby city that is
surrounded by a large rural population. To help them conduct
a feasibility study, please address the following questions.
1. What type of population related decisions should be
made to determine the best location for the shopping
center? For example, is there a demand for new retail
stores?
2. What type of population and related information would
you need to collect to help determine the best location
for the center?
3. What types of analysis would you perform with the
information?
Transcribed Image Text:Case Studies 1. Economic Development Planner You have just been hired as an economic development planner working for a businesswoman who builds large shopping stores and malls in cities. The company wants to build a regional shopping center in a nearby city that is surrounded by a large rural population. To help them conduct a feasibility study, please address the following questions. 1. What type of population related decisions should be made to determine the best location for the shopping center? For example, is there a demand for new retail stores? 2. What type of population and related information would you need to collect to help determine the best location for the center? 3. What types of analysis would you perform with the information?
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