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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

27 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,435

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

Shareable certificate

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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

Fee Breakdown:

  • Base Course Fee (Audit): ₹0 (Free)

  • Certificate Fee: ₹2,435

  • Additional Costs: None

Total Cost:

  • Audit (No Certificate): ₹0 (Free)

  • With Certificate: ₹2,435

Payment options

This course offers two enrollment options:

1. Audit (Free)

  • Access: All course materials

  • Certificate: Not included

2. Full Course (₹4,115)

  • Access: All course materials

  • Assignments: Graded assignments included

  • Certificate: Included upon completion

Typical payment methods for Coursera courses include:

  • Credit/Debit Card

  • PayPal

  • Mobile Payment Solutions (where available)

Financial Aid

Coursera offers financial aid for learners who cannot afford the certificate fee. The process includes:

1. Financial Aid Application

  • Eligibility: Learners who cannot afford the course fee

  • Application Process: • Go to the course page and click on the "Financial aid available" link • Fill out the application form, explaining your financial situation and why you want to take the course • Submit the application and wait for review (usually takes 15 days)

2. Scholarship Opportunities

  • Coursera occasionally offers scholarships in partnership with organizations or for specific programs

3. Free Audit Option

  • The course offers a free audit option that allows access to course materials without a certificate

If you cannot afford the certificate fee, you are encouraged to apply for financial aid or use the free audit option to access the course content.

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.

Peter Knorringa
Peter Knorringa

4.8 rating

131 Reviews

21,609 Students

1 Course

Professor of Private Sector & Development

Peter Knorringa holds a PhD in Development Economics from the Free University in Amsterdam and serves as a Professor of Private Sector & Development at the International Institute of Social Studies (ISS) at Erasmus University Rotterdam. His research primarily explores the diverse roles and impacts of business in development, particularly examining the potential for socially responsible and environmentally sustainable development within the context of capitalism. His empirical work delves into global value chains, industrial clusters, private governance, labor standards, frugal innovation, informal sector entrepreneurship, and strategies for supporting survival businesses. Additionally, he is a co-founder and the current Director of the Research Centre on Frugal Innovation in Africa, a collaborative initiative involving Leiden University, Delft University of Technology, and Erasmus University Rotterdam.

Local Economic Development

This course includes

27 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,435

Testimonials

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4.8 course rating

362 ratings

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.