This textbook offers a rigorous, calculus based presentation of the complexities of urban economics, which is suitable for students who are new to the subject. It focuses on structural details and explains the elements that make cities such highly productive entities, and also explores explores the mechanisms of labour productivity enhancement that are unique to cities.
Written with a focus on location theory, key topics include:
- How cities are arranged;
- Housing prices;
- Urban transportation;
- Why some cities grow rapidly whilst others decline;
- How wages adjust to local costs of living;
- How suburbs function in relationship to the urban core;
- Public finance.
This book will be essential reading for Urban Economics courses at both undergraduate and postgraduate level.
Table of Contents
- The City as a Trading Entity 2. Land Use for the Simplified City 3. Distinct Income Classes and Suburban Employment 4. Wages, Agglomeration and Migration 5. Basics of Location Economics 6. Growth of Cities 7. Transportation 8. Housing 9. The Public Sector 10. Populations, Slums and Planning
John M. Hartwick is Professor of Economics at Queen's University, Canada.