Academic Catalog

CRP341 URBAN ECONOMICS

Course Code:	1210341
METU Credit (Theoretical-Laboratory hours/week):	3(3-0)
ECTS Credit:	4.0
Department:	City And Regional Planning
Language of Instruction:	English
Level of Study:	Undergraduate
Course Coordinator:	Assoc.Prof.Dr. ÖZGÜL BURCU ÖZDEMÝR SARI
Offered Semester:	Fall Semesters.

Course Content

Economic theory and purposes of urban planning; functions of urban planning in market economies. Formation and distribution of value in the physical environment; approaches in the explanation of rent relations; measurement of value in urban land and property. Behavioral patterns in property markets; investment, development, renewal and rehabilitation decisions. Planning decisions to monitor values and behavior in property markets; implications of development rights, tenure forms, rent control and `other channels of control`.