C44

ECON3021

Urban Economics

Winter 2008

Aims:

This course has two primary aims. Firstly, it aims to show students the most important ways in which economic theory and applied methods have been used to analyse urban economies. Secondly, it aims to enable students to analyse key issues in the markets for land, housing, and transportation using economic tools.

Objectives:

After completing the course students should:

∙ have a clear understanding of the main topics of the course including the theory of location choice, spatial equilibrium and land rents, local externalities, the theory of housing investment, and congestion and transportation economics.
∙ be able to use standard models from urban economics to analyse questions related to location choice, housing markets, transportation, land use, and local public finance.