AREC 460

Land Use Economics

3 units

Winter 2022

Topics

Be familiar with the economic theories of land rent, land valuation and the land use decisions
Understand the factors that may influence individual and social land use decisions with their associated consequences
Be equipped to conduct economic analysis on individual land use decisions, externality spillovers and optimal land allocation issues
software and related resources so that you can manage, perform analysis, and visualize, spatial data using GIS

o Spatial Regression Models, 2nd ed. Michael D. Ward and Kristian S. Gleditsch. SAGE Publications, Inc. 2018. o Modern Spatial Econometrics in Practice. Luc Anselin and Sergio J. Rey. GeoDa Press LLC, Chicago, IL. 2014. o Introduction to spatial econometrics. J. P. LeSage JP and R. K. Pace. CRC Press
unspecified
Some recommended texts/readings on land use economics (Not required): o Urban Economics, 8th ed. Arthur O’Sullivan. McGraw-Hill Higher Education. 2012. o Economics of Rural Land-Use Change. Edited by Bell, Boyle and Rubin. ASHGATE. 2006. o Economics, Real Estate & the Supply of Land. Alan Evans. Blackwell Publishing
recommended
o (Recommended for graduate students) The Oxford Handbook of Land Economics, Edited by Joshua M. Duke and JunJie Wu. Oxford University Press. 2014
recommended

Sources