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ECON 465. Urban and Regional Economics

Credits: 3
Department: Economics
Description: Analysis of regions, economic development, location theory, central place theory, agglomeration economies. Economic analysis of urban problems: poverty, transportation, housing, crime, intergovernmental relations.
Prerequisites: ECON 205, ECON 206
Semester Offered: Spring
Grading Method: ABCDF

Student Learning Outcomes

1. Assess the determinants of firm and residential location decisions and indicate how location decisions depend on transportation cost, demand elasticity, input versus market orientations, and other urban or regional differences.
2. Calculate the size of a market area and its contribution and use in central place theory and the evolution of cities.
3. Evaluate various growth theories and the impact differences in wages, multipliers, rents, productivity and comparative advantage have on growth.
4. Critique the role of taxes, public expenditures, zoning, and other public policy on individual location decisions and growth within economic regions.

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