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PUAF U6251 Urban Economics. 3 Points.

Urban economics explain the forces that make people want to live in close proximity to each other and the complex economic and social dynamics that ensue. First, urban economics explains the distribution of economic activity and population over space (typical question are: why do cities exists? What drives the location decisions of people and firms? What makes cities grow?). Second, it interprets how production activities and housing are distributed within a city, the value of land, and how it is allocated to what use. Third, it addresses questions of governance, political economy, and public finance: scope and limitations of local government intervention, provision of services, regulation, and governmental funding sources. Fourth, it confronts many fundamental economic and policy problems: transportation, crime, housing, education, homelessness, public health, income distribution, racial segregation, environmental sustainability, fiscal federalism, municipal finance, and others. This course covers the first three aspects of urban economics and a selection of topics from the fourth category. By the end of the course you will be able to: Have an understanding of introductory theoretical and empirical models of urban economics to interpret location decisions of people and firms (between and within cities); Evaluate local policy using efficiency and equity arguments; Apply your knowledge to a specific policy issue.

Term Section Call Number Instructor Times/Location
Fall 2017 001 17649 Francesco Brindisi T 6:10pm - 8:00pm
501b International Affairs Bldg