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Local Economic Development

Explore strategies for sustainable local economic growth. Learn about globalization, decentralization, and entrepreneurship in regional development.

Explore strategies for sustainable local economic growth. Learn about globalization, decentralization, and entrepreneurship in regional development.

This comprehensive course examines the processes and strategies for local economic development (LED). Students will explore why economic development occurs in some areas and not others, and how local actors can work together to improve their communities. The course covers key drivers of LED, including globalization, decentralization, competitiveness, and entrepreneurship. Participants will learn about value chains, clusters, and innovative LED strategies. Through expert insights, case studies, and a capstone project, students will gain practical knowledge to analyze and promote economic development in their own regions.

4.8

(362 ratings)

21,285 already enrolled

Instructors:

English

پښتو, বাংলা, اردو, 3 more

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Local Economic Development

This course includes

23 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,699

Audit For Free

What you'll learn

  • Understand the key drivers and processes of local economic development

  • Analyze the impact of globalization on local economies and regional networks

  • Explore the role of decentralization in shaping local governance and economic strategies

  • Examine factors affecting competitiveness and innovation in local contexts

  • Understand different types of entrepreneurship and their roles in local economies

  • Analyze value chains and clusters as tools for local economic development

Skills you'll gain

local economic development
globalization
decentralization
competitiveness
entrepreneurship
value chains
clusters
innovation

This course includes:

3.5 Hours PreRecorded video

3 quizzes

Access on Mobile, Tablet, Desktop

FullTime access

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There are 9 modules in this course

This course provides a comprehensive exploration of Local Economic Development (LED), focusing on the processes by which local governments, businesses, and civil society groups collaborate to improve economic conditions in a specific area. The curriculum covers key drivers of LED, including globalization, decentralization, competitiveness, and entrepreneurship. Students will learn about value chains, clusters, and innovative strategies for promoting local economic growth. The course combines theoretical foundations with practical case studies from various regions, allowing participants to apply concepts to their own local contexts. Through a series of modules, students will gain insights into the complexities of LED, including the role of innovation, the importance of entrepreneurship, and the impact of global economic trends on local economies. The course culminates in a capstone project where participants analyze and develop strategies for their own regions.

Introduction to Local Economic Development

Module 1 · 1 Hours to complete

Globalisation

Module 2 · 3 Hours to complete

Decentralization & Local Responses

Module 3 · 5 Hours to complete

Competitiveness

Module 4 · 3 Hours to complete

Entrepreneurship

Module 5 · 2 Hours to complete

Value Chains and Clusters

Module 6 · 2 Hours to complete

Value Chains and Clusters: Lesson Choices

Module 7 · 1 Hours to complete

LED Strategies

Module 8 · 2 Hours to complete

Project Week

Module 9 · 4 Hours to complete

Fee Structure

Payment options

Financial Aid

Instructors

Bert Helmsing
Bert Helmsing

4.8 rating

130 Reviews

21,228 Students

1 Course

Expertise in Local and Regional Development in Latin America and Africa

A.H.J. (Bert) Helmsing is an Emeritus Professor of Local and Regional Development at the International Institute of Social Studies of Erasmus University Rotterdam. He earned his PhD (cum laude) in Economics from Tilburg University, focusing on the Processes of Regional, Urban, and Rural Change in Colombia. With nearly four decades of experience in development studies, he has provided education, capacity building, and policy advice on local and regional development in Latin America—particularly in Colombia, Bolivia, and Peru—and Sub-Saharan Africa, including Ethiopia, Zimbabwe, Uganda, Tanzania, Ghana, and South Africa. Bert has published over 30 articles in peer-reviewed journals, contributed 39 chapters to edited volumes, and published or edited ten books. His specialization includes regional economic analysis, fiscal decentralization, meso-level economic analysis of firms, chains, clusters, and the roles of NGOs and social entrepreneurship in local economic development. Currently, his research is centered on studying local institutional change.

Jan Fransen
Jan Fransen

4.7 rating

82 Reviews

14,844 Students

1 Course

Head of Education & Training at Erasmus University Rotterdam

Dr. Jan Fransen is the Head of Education & Training and Deputy Director at the Institute for Housing and Urban Development Studies (IHS) at Erasmus University Rotterdam. He holds a PhD and MA in Development Studies and has over 20 years of experience in research, education, and consultancy focused on local economic development, particularly in relation to small firms, urban employment, and innovation systems. Dr. Fransen coordinates the urban theory course within the Master's program on Urban Management and Development and co-coordinates a short course on Sustainable Local Economic Development. His previous experience includes working for the International Labour Organisation (ILO) in Eastern and Southern Africa. He has completed numerous consultancy and training assignments for organizations such as the World Bank, European Commission, and various UN agencies, while also engaging in research projects across more than 20 countries worldwide, including Kenya, Indonesia, and China. Dr. Fransen is actively involved in advising on urban resilience and community-based organizations, contributing significantly to the discourse on sustainable urban development.

Local Economic Development

This course includes

23 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,699

Audit For Free

Testimonials

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Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.