The significance of location and its diverse economic impacts is increasingly recognised and studied in the discipline of economics. Geo-ICT is used mostly in the subdiscipline of spatial economics, where GIS software is used in combination with existing spatially-explicit theories. The increasing availability of spatial data, analytical methods and computer processing power has offered researchers ways of exploring spatially-related phenomena in previously impenetrable fields like the dynamics behind the use of space. This trend will continue in future since dynamic location technologies are currently being adopted throughout society, offering new opportunities for collecting near real-time location data on objects and people. This chapter describes the discipline of economics and focuses on the use of Geo-ICT, in the past, present and near future, in the field of spatial economics.