Course Info

Browse the Course Catalog Course Search

Course Info for ECON - 305 - 01, Spring 2024
Class number: 2963 Title: Urban Economics Department: Economics
Career: Undergraduate Component: Lecture Session: Regular
Instructor's Permission Required: No Grading Basis: Regular Units: 1.00
Enrollment limited to 25 Current enrollment: 22 Available seats: 3
Start date: Monday, January 22, 2024 End date: Friday, May 10, 2024 Mode of Instruction: In Person
Schedule: TR: 2:55PM-4:10PM, MC - 303 Instructor(s): Keshawarz, Osman
Prerequisite(s): Prerequisite: C+ or better in Economics 301.
Distribution Requirement: Meets Social Sciences Requirement
Course Description:
The world's population is becoming increasingly urbanized, a trend which creates economic opportunities and challenges for individuals, businesses, and governments. This course will introduce students to economic models that explain why cities form, why commercial and residential land use patterns look the way they do, and how economic reasoning can inform policies addressed at urban problems, such as traffic congestion, housing affordability, crime, and homelessness. In addition, we will study how public policies such as zoning and the provision of mass transit can help remedy market failures in the urban setting. The supply and demand model and the economic theories of the consumer and the firm will be the main tools of analysis, as will ideas from public economics such as externalities and public goods.