The aim of this book, first published in 1977, is to use the tools developed by modern microeconomics to provide a framework for the analysis of policies towards the allocation of land and the control of activities using land. The principle focus of the book is the general justification for intervention in the urban land and property markets, the principles for evaluating such intervention and the proper role of the public sector within the urban economy. It also considers in some detail the practical problems involved in putting these principles into effect.
Part 1: Basic Economic Concepts; 1. Introduction 2. Individuals, Firms, Markets 3. Markets in a Spatial Context: A Simple Urban Economy 4. Market Failure 5. The Role of the Planning Authority 6. Managing Markets 7. The Effects and Limits of Intervention in the Urban Economy 8. The Allocation of Resources in the Public Sector 9. Pricing in the Public Sector; Part 2: Analysing the Effects of Policies; 10. Land-Use Controls and Economic Activity 11. Land-Use Controls and Housing 12. Transport 13. The Arrangement of Land Uses; Bibliography; Index
The volumes in this set, originally published between 1972 and 2000, draw together research by leading academics in the area of environmental and natural resource economics, and provides a rigorous examination of related key issues. The volumes examine pollution control and policy, and renewable and non-renewable resource economics, whilst also exploring the general principles and practices of environmental economics in various countries. This set will be of particular interest to students of economics and geography.