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This guide has been compiled to support students in their course work for ECON645 Urban Economics and Policies.
This guide is created and maintained by Chia Meow Hui.
Just over one half the world population lives in cities, but economic activities are more heavily concentrated in cities. Explaining such concentration is the main subject of urban economics. Cities have two faces; they serve as engines of economic growth, and they are inflicted by housing affordability problems, traffic congestion, poverty, crime, and environmental pollution. This course seeks to provide the economic approach to understanding the forces behind the formation of cities of different types and sizes, the spatial organization of economic activities within cities, and the functioning of key sectors of the urban economy, especially housing and land markets. Theoretical and empirical analyses, and selected policy issues pertaining to Singapore and some other cities will be presented.