Economics

For junior/senior-level courses in Urban Economics and Regional Economics and graduate-level courses Urban and Regional Planning and public policy.

Designed to convey the excitement of studying cities while developing a set of formal tools for analyzing their economies. Attempts to remove the division between “urban” economics and “regional” economics by demonstrating that the traditional intermetropolitan models of specialization and trade can also be extended to intrametropolitan analysis, thus unifying their treatment.

• Teaches urban economics as "a course on trade"— emphasizing the place of urban economics in mainstream economic analysis. Pg.___

• Extends the model of intermetropolitan trade to the analysis of intrametropolitan production and trade. Pg.___

• Synthesizes the most current trade theory and urban economic theory. Pg.___

  • Develops the Hecksher-Min model as a model of factor-oriented firms. Pg.___

  • Introduces models of agglomeration and market-oriented firms. Pg.___

• Introduces the basic tools of location theory — e.g., agglomeration economies of scale, the principle of median location, central place theory, and the notion of resource-oriented versus market-oriented firms. Pg.___

• Illustrates the application of economic concepts in broad settings through excerpts from literary works — including short stories, essays, novels, and even the Bible — at the end of every chapter. Pg.___

I. INTRODUCTION TO URBAN ECONOMICS.

II. AGGREGATE ANALYSIS OF METROPOLITAN AREAS.

III. INTRAMETROPOLITAN ANALYSIS.

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