ECON 3500

Land is a scarce resource and is an input into production and consumption. Transportation costs are important and the structure of a city has real effects on the economic and social activities that occur in it. This course discusses how the price of a good varies by location, how the market price of a property varies over time, and how the structure of cities responds to market forces. The course discusses some public policy and managerial implications of the location dimension. [Restriction(s): This is a Priority Access Course. Enrolment may be restricted to particular programs or specializations. See department for more information.][Department(s): Department of Economics and Finance]