The subject will provide the students with knowledge of localization conditions and their diversities in individual regions and localities. Students will be informed on changes and significance of scientific and technological development and especially on economic processes globalization. Furthermore, they will be informed on how in the era of globalization the states, regions and cities have entered the competition - they compete with each other to obtain a new capital. Conditions offered for economic activity by territorial units represent a significant factor determining competitiveness of firms. (That is why there are at present unprecedented interests on the part of investors in information characterizing localization conditions).
Students will learn why a certain region in the competition for economic development in the globalized economy is successful or vice versa and why its development has a declining pace of progress. They will be informed in detail on the analysis and evaluation of individual localization factors playing a decisive role in making decision on the choice of locality.