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
Hours: 1
Permission: Y
Co-requisite: none
Prerequisite: none