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: Assist.Prof.Dr ZGL BURCU ZDEMR 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`.