WenTai Hsu

 

 

     Econ 4621H Urban Economics

     --Spring 2008

 

 

Syllabus

 

Announcement

1.      Due date of Homework 3 is postponed to March 27.

2.      Midterm is postponed to April 3.

3.      Study guide for midterm is already posted; see below.

4.      Final exam is on 5/17 Saturday, 1330-1530, at BlegH 155.

5.      Study guide for final is already posted; see below.

 

Topic List (*means supplemental readings, others are required)

 

Topic 1: Introduction

Section C of Ch. 1 and Section D of Ch. 3.

Definitions of Metropolitan and Micropolitan Statistical Areas

*Evidence on the Nature and Sources of Agglomeration Economies (Rosenthal and Strange, 2003)

 

Topic 2: Theory of Firm Location

Firm Location Model

 

Inside the Cities

 

Topic 3: Monocentric City Model

Density Gradient

Chapter 6

Note on Monocentric City Model (Part 1)

Note on Monocentric City Model (Part 2)

A Case of Cobb-Douglas Utility

 

Topic 4: Urban Sprawl

Edward L. Glaeser and Matthew E. Kahn (2004), “Sprawl and Urban Growth,” (in Handbook of Urban and Regaional Economics, Vol 4)

Lecture Slides

 

Topic 5: Zoning (plus a digression on instrument variables)

Lecture notes

*Section D of Chapter 6

 

Topic 6: Segregation and Peer Group Effect

Lecture notes

*David M. Cutler; Edward L. Glaeser; Jacob L. Vigdor “The Rise and Decline of the American Ghetto,” The Journal of Political Economy, Vol. 107, No. 3. (Jun., 1999), pp. 455-506

 

Topic 7: Local Government

Lecture notes

Chapter 13

Congestion

 

Cities in Regional Economics/Economic Geography

 

Topic 8: Size Distribution of Cities, Central Place Theory, and the NAS Rule.

Chapter 4

Lecture Slides 1

Lecture Slides 2

Hsu (2008), Central Place Theory and Zipf’s Law

*Mori et al. (2007), The Number-Average Size Rule: a new empirical relationship between industrial location and city size," Journal of Regional Science

 

Topic 9: Location of Industries

Lecture Slides

Holmes, T. J., and J. Stevens (2004), ‘Spatial Distribution of Economic Activities in North America,’ (in Handbook of Urban and Regaional Economics, Vol 4)

 

Topic 10: Evaluation of Theories

Lecture Slides

Davis, D. R., and D. E. Weinstein (2002), ‘Bones, Bombs, and Break Points: The Geography of Economic Activities,’ American Economics Review, 92 (5): 1269-1289.

 

 

Homework Assignments

Homework 1   Minneapolis/St. Paul Density Gradient Problem

Homework 1 Solution

Homework 2

Homework 2 Solution

Homework 3     Minneapolis Dissimilarity Index calculation

Homework 3 Solution

Homework 4

Homework 4 Solution

Homework 5 (due 5/6, Tuesday)

 

Exam

Study Guide for Midterm

Study Guide for Final