Urban EconomicsBringing urban issues into a modern microeconomic framework, this work uses basic economic analysis to explain why cities exist, where they develop, how they grow and how various activities are arranged within them. Census data is incorporated into the text, and used in charts and tables. |
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acre auto average benefit budget line burglary capita demand central city central place theory central-city changes Chapter city center city's cluster commuting cost congestion tax consumers crime rates decreases demand curve Discusses dwellings effects equilibrium export factory farmer Figure grant growth highway housing-price function increase indifference curve industry land rent location choices location decisions manufacturing marginal cost market area median metropolitan area monetary weight monocentric city move municipality negative income tax office firms opportunity cost optimum output percent pollution population density poverty price of housing price of land production costs property tax public housing public services region relatively large residential bid-rent function revenue scale economies segregation shifts shows spending square miles streetcar subcenters subsidy suburban suburbs supply curve Suppose Table Tiebout model total cost total employment transit transport costs travel costs Urban Economics urbanized area wage wealthy workers zoning
