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ECON 365. Local and Urban Economics

Credits: 3
Department: Economics
Description: Economic principles relating to local and urban affairs. Location theory; planning and community development; and analysis of urban problems and public policy: poverty, housing, transportation, pollution, public service provision, etc. Not open to economics majors.
Semester Offered: DEMAND
Grading Method: ABCDF

Student Learning Outcomes

1. Analyze location decisions of firms and residences.
2. Apply declining marginal productivity, declining marginal benefit, and increasing marginal cost to location decisions.
3. Explore the history of cities, why they succeed and how they grow.
4. Recognize causes of local economic growth such as comparative advantage, injections, and multipliers
5. Demonstrate public good and externality aspects of location decisions.
6. Evaluate the impact of taxes, zoning, public expenditures (on education, transportation, infrastructure, etc.), and other public policies on economic growth.

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