PLAN 628 - Economics of Planning
Neoclassical microeconomics applicable to analysis/evaluation of private/ public development and urban form. Theories of marginal analysis, present value, and applied optimization explain urban/environmental/international economics; public choice; location theory; and development economics. Macroeconomic general equilibrium paradigm explains suboptimal resource allocations, or market failures, leading to variety of market interventions.
College: Architecture and Planning