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Full Description
This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas. The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory. The book also explores the policy lessons that can be drawn from the use of economics to understand urban areas. Real estate professionals will find new coverage of urban areas around the world to provide a global perspective.
Contents
Part I: Economics and Urban Areas. Chapter 1. Introduction to Urban Economics.
Chapter 2. Schools of Thought in Urban Economics.
Chapter 3. Location Decisions, Agglomeration Economies, and the Origins of Cities.
Chapter 4. The Economic Functions of Cities.
Part II: Location Patterns in Urban Areas.
Chapter 5. Introduction to Urban Location Patterns: Static Analysis.
Chapter 6. Using the Monocentric City Model.
Chapter 7. Empirical Testing of the Moncentric City Model.
Part III: Urban Housing and Real Estate.
Chapter 8. Housing in Urban Areas.
Chapter 9. Housing Policy in the United States.
Chapter 10. Real Estate Law and Institutions.
Chapter 11. Real Estate Markets.
Chapter 12. Real Estate Development and Investment.
Part IV: Government in Urban Areas.
Chapter 13. The Public Sector in Urban Areas.
Chapter 14. Urban Transportation.
Part V: Urban Social Problems.
Chapter 15. An Overview of Urban Social Problems.
Chapter 16. Urban Poverty and Its Spatial Concentration.
Chapter 17. Crime in Urban Areas.
Chapter 18. Education, Labor Markets, and Migration.
Part VI: Urban Growth.
Chapter 19. Models of Metropolitan Economic Growth.
Chapter 20. Agglomeration Economies, Technical Change, and Urban Growth.
Chapter 21. Economic Development Policies for Urban Areas.
Appendix: A Review of Some Mathematics and Microeconomic Theory.
Answers to Selected Exercises.
Index.
