Announcements

  1. (Feb 13) Course page is online.
  2. (Feb 17) Password set for the access from outside the campus. E-mail me if you need username and password.
  3. (Mar 27) Model Answers to Chapter Questions Uploaded. See Midterm Section in the Schedule.
  4. Midterm Exam on 3rd April at 13:10-15:00, Seminar Odasi (2F) BRING CALCULATOR
  5. (Apr 16) Midterm Results are posted.
  6. (May 3) Term paper due date is postponed to 17:00 on May 15, 2008.
  7. (May 16) Final Exam Coverage: Ch.9,10,13,14,15. Bring Calculator. T-E Dictionary allowed.
  8. (May 22) Final Exam Results are posted. You can check your papers at the instructor's office.

 

Personnel

Instructor: Shihomi Ara-Aksoy
(Office: İİBF, İktisat Bölümü, Email: )

Course Information

Schedule: Thursdays 9:10-12:00, D1

Office hours: Thursdays 16:00-17:00, Or By Appointment

Course description: This course introduces the economics of agglomeration, urban spatial structure and housing market.  The interaction among individuals’ utility maximization, firms’ profit maximization and local government’s housing/land use policies and regulations are considered. We also analyze the urban transportation system and explore urban problems such as urban poverty, crime, and environment.
Course objective
The objective of this course is to introduce theoretical tools in the economics of urban cities, transportation, housing and the role of local government as well as the cases in Turkey and other countries. Students are expected to thoroughly understand the urban economic theory, develop a capacity to analyze contemporary urban problems, and apply the theory to assess the policy options. 
Prerequisites: Fundamental Microeconomics knowledge

Texts

Course Syllabus/Reading List (tentative)

Lecture Schedule

Chapters

Contents

Introduction

[ Slides: pdf | ppt ]

(Feb 14)

Topics:
  • Introduction
  • What is Urban Economics?
Readings:
  • AS Chapter 1
References:

Development of Cities (1)

[ Slides: pdf | ppt  ]

(Feb 21)

Topics:
  • City Systems
  • City Location and Size
  • Firm Location
Readings:
  • AS Chapter 2, 3, 4
References:

Development of Cities (2)

[ Slides: pdf | ppt ]

(Feb 28)

Topics:
  • Agglomeration Economics
Readings:
  • AS Chapter 5
References:

Urban Land Rent and Urban Spatial Structure (1)

[ Slides:  pdf ppt ]

(Mar.6)

Topics:
  • Urban Land Rent
  • Monocentric Models
Readings:
  • AS Chapter 6 and 7
References:

Urban Spatial Structure (2)

(Mar. 13)

Topics:
  • Polycentric Models
  • Suburbanization and Edge Cities
Readings:
  • AS
References:

Urban Spatial Structure (3)

[ Slides:  pdf | ppt ]

(Mar 20)

*Term Paper TOPIC Submission Due*
See Term Paper Guidelines

Topics:
  • Urban Sprawl
  • Urban Growth in Turkey
Readings:
  • AS
References:

Segregation and Neighborhood

[ Slides: pdf | ppt ]

(Mar 27)

Topics:
  • Urban Squatting
  • Gentrification
  • Neighborhood Choice
Readings:
  • AS Chapter 8
References:

EXAM

(Apr.3)

Housing Market and Hedonic Price Analysis (1)

[ Slides: pdf | ppt ]

(Apr.10)

Topics:
  • Housing Demand
  • Housing Supply
Readings:
  • AS Chapter 13
References:

Housing Market and Hedonic Price Analysis (2)

[ Slides:  pdf| ppt]

(Apr.17)

Topics:
  • Hedonic Price Analysis
References:

Local Government and Public Goods (1)

[ Slides: pdf | ppt]

(Apr 24)

Topics:
  • Land Use Control
  • Zoning and Growth Control
Readings:
  • AS Chapter 9
References:

Local Government and Public Goods (2)

[ Slides: pdf |ppt ]

(May 1)

Topics:
  • Household Sorting
  • Housing Policy
  • Public Goods Provision
Readings:
  • AS Chapter 14, 15 and 16
References:

Urban Transportation

[ Slides: pdf | ppt  ]

(May 8)

Topics:
  • Urban Transportation
Readings:
  • AS Chapter 10 and 11
References:

Urban Problems

[ Slides: | ]

(May 15)

*Term Paper Submission Due Date*
See Term Paper Guidelines

Topics:
  • Urban Poverty
  • Crime
  • Earthquake
  • Environment
Readings:
  • AS Chapter 12
References:

Final Exam

(TBA)

Exams

Term Paper

Grading Policy

Midterm Exam:25%
Term Paper25%
Final Exam50%

Related Links