Urban Economics - ECN 432
This course explores the economics of cities. It differs from other economics fields as it introduces space and geography into economic analysis. While economics answers the questions of what, how and for whom to produce, Urban Economics adds the “where” to produce and “where” to locate. So, location theory is at the heart of urban Economics. Topics include reasons for the development of cities, market forces in the development of cities, urban economic growth, land rent and land use, zoning, causes of poverty and public policy,housingproblemsandpolicy,education andcrime.Prerequisites:ECN211,ECN212.