This book contains up-to-date original contributions by some of the world's best known experts in the area of urban and regional science. Regional science provides the theoretical basis of urban and regional planning. The subject covers such topics as regional development, regional accounts, spatial price computation, regional and interregional knowledge networks and measurement of regional quality of life. A considerable amount of change has taken place in the spatial pattern of socio-economic activities and their interactions over the last half of the century leading to the need for more advanced tools of analysis in regional science. This book fulfils this need.