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Urban Economics - REST0017 | |||||||||||||||||||||||||||||||||||||||||
Description The course exposes students to economic theory and applies that knowledge to assist the student's appreciation of the economic imperatives, which drive and shape urban development. Topics covered will include: economic processes in spatial and land use development; urban growth theory; competing land use; supply and demand in the pricing of urban property; the concept of the 'rent bid curve' business location theory; the impact of land based communication corridors on price; technology and footloose location theory; planning and government control on free market pricing; environmental and heritage issues; and local government regulation and by-laws.
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