Course Contents
This course explains why cities exist and what causes them to grow or shrink. It examines the market forces that shape cities and the role of government in determining land-use patterns. It looks at the urban transportation system, and it explains the unique features of the housing market and examines the effects of government housing policies.

Literature
O'Sullivan, A. (2008): Urban Economics. McGraw Hill-Irwin.

Official Course Description
This course presents the basic principles of urban economics. It explores the location decisions of utility-maximizing households and profit-maximizing firms, and it shows how these decisions cause the formation of cities of different size and shape.

Semester: WT 2023/24