Course Outline

  1. Market Forces in the Development of Cities
    Why do cities exit? Big and small cities, where do firms locate? Market areas and central place theory, urban economic growth
  2. Land Rent and Land Patterns
    Introduction to land rent, land use in the monocentric city, land use in modern cities, land use controls and zoning.
  3. Urban Transportation
    Autos and highways, mass transit
  4. Urban Problems
    Household sorting, urban poverty, the urban education problem, urban crime
  5. Housing
    Why is housing different? Housing policies
  6. Local Government
  7. Local government spending, local government revenue-endogenous maintenance, A Commodity Hierarchy Model, Maintenance, Comparative Statics with Durable Housing:

Reference Books

  1. Arther O’ Sullivan (2003). Urban Economics, 5th edition, IRWIN.
  2. Beckmann, M.J. Location Theory, Random House.
  3. Fujita, M., Urban Economics Theory. Cambridge University Press.
  4. Henderson, J.V., Economic Theory and the Cities. Academic Press.
  5. Kanemoto, Y. Theories of Urban Externalities. North-Holland.
  6. Miles, D. Housing, Financial Markets and the Wider Economy.
  7. Mills, E. S. and B.W. Hamilton. Urban Economics. Scott, Foresman and Company.
  8. Small, K. A. Urban Transportation Economics.
  9. Wildasin, D. E. Urban Public Finance, Fundamentals of Pure and Applied Economics. Harwood Academic Publishers.