Urban Economics Land Uses

3 Credits · Level: Graduate, Undergraduate

This core course applies economic analysis to the study of urban land use patterns and real estate markets. The goal of the course is for students to understand and apply economic principles to the analysis of diverse urban land uses. Among topics covered include the growth of the urban core, the determination of highest & best uses, the determination of rent and vacancy, affordability, and the economics of the private investment cycle. Previous familiarity with basic terms and concepts in economics is expected. Calculus is not required, but a firm understanding of algebra and proficiency in interpreting graphs is assumed. Problem sets, case studies, tests, and class participation are included in grading.