Description
This book was first published in 1977. Urban economics is a relatively young field of economics; hardly existing except perhaps in real estate and land economics curricula-before the 1960s. Within the last few years, especially after 1 971, there has been a growth of interest in urban economic theory, strong enough even to attract the attention of general economic theorists. These new theoretical writings have been named the 'New Urban Economics'-NUE for short. The aim of this monograph is to survey and assess NUE, to evaluate its contribution to urban economics, to offer a few extensions and to say something about the future direction of the subfield.
Table of Contents
1. What is 'New Urban Economics'?
2. Antecedents
3. The standard NUE model
4. Implications and extensions of the standard model
5. The monocentric city
6. The multicentric city
7. More complex residential location patterns
8. Locational interdependence
9. Towards dynamics
10. An optimum geograpy
11. Two residential location models
i. The possibility of positive rent gradients
ii. Discontinuous densities, urban spatial structure, and growth
12. Alternatives to NUE
13. Political economy
14. Conclustion: are NUE models operational?
