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.
Table of Contents
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