This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas.
The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory. The book also explores the policy lessons that can be drawn from the use of economics to understand urban areas. Real estate professionals will find new coverage of urban areas around the world to provide a global perspective.
New to this Edition:
- New chapter on Urban Poverty in Developing Nations to go along with the Poverty in the U.S. Cities chapter.
- Extensive international examples from Europe and Asia interspersed throughout the text.
- New chapter on An Urbanizing World and Its Great Cities
- New chapter on Urban Infrastructure
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