Regional economics is a branch of economics that focuses on the economic activities and interactions within specific geographic areas. It examines how local resources, industries, and labor markets influence economic growth and development. By analyzing factors such as infrastructure, population density, and regional policies, regional economists aim to understand the unique economic dynamics of different areas. This field also studies the disparities in economic performance between regions, exploring issues like urbanization and rural development. Regional economics helps policymakers design targeted strategies to promote balanced growth, reduce unemployment, and improve living standards in various regions, ultimately contributing to a more equitable economy.