Urban Economics and Real Estate Markets

3 credits · Undergraduate

(3 hrs Lecture) This course uses economic analysis in order to understand the problem of urban growth and decay. Among the issues addressed are the location decisions of firms, the location patterns of households and firms within cities, suburbanization, agglomeration economies and the origin and economic functions of cities. An in-depth analysis of housing and real estate markets is also presented. Relevant Canadian case studies are used to illustrate the issues. Requisite Courses: ECON-2101 [prerequisite(s)].