Urban Economics:
an introductory course

For both graduates and undergraduates, our focus is on some core principles: agglomeration, externalities, the problem of multiple jurisdictions, the urbanization and specialization effects. We also do some comparative analysis in order to discuss why it is that urban regions in Ontario differs from their Great Lakes counterparts in the US.

Required text: Brendan O’Flaherty, City Economics (Cambridge, 2005)

Additional required readings: Texts will be posted on ANGEL

 
Course Outline

Week 1:           Introduction and definitions

28 Jan 2010     O’Flaherty: Chapters 1 and 2

Glaeser, Edward 1998. “Are Cities Dying?” J Econ. Perspectives 12(2): 139-160.

 http://www.jstor.org/sici?sici=0895-3309%28199821%2912%3A2%3C139%3AACD%3E2.0.CO%3B2-O&origin=bc&cookieSet=1


Week 2:           Movement

4 Feb 2010      O’Flaherty: Chapters 3-5

Gyourko, Joseph; Mayer, Christopher; Sinai, Todd 2006. “Superstar cities.” Wharton Real Estate Newsletter. August, 2006. http://realestate.wharton.upenn.edu/newsletter/pdf/aug06.pdf

 

Week 3:           Externalities and Law

11 Feb 2010    O’Flaherty: Chapters 6-9

Coase, Ronald 1960. The problem of social cost. J Law and Economics 3: 1-44

 

Week 4:           Human capital

18 Feb 2010    O’Flaherty: Chapter 10

 

Week 5:           Race

25 Feb 2010    O’Flaherty: Chapter 11

 

Week 6:           Race and sprawl

4 March           O’Flaherty : Chapter 12

Rusk, David. The Exploding Metropolis.

 

Week 7:           Housing

11 March         O’Flaherty: Chapter 13

 

Week 8:           Tax policy, housing, cities, suburbs

18 March         O’Flaherty: Chapters 14 and 15

 

Week 9:           Mid-term exam

 

25 March         Global business, economic clusters and metros

Perry, David. “The politics of dependency in deindustrializing America: the case of Buffalo, New York.” In The Capitalist City. Ed. Smith, Michael Peter; and Feagin, Joe R. New York & Oxford: Basil Blackwell, 1987.

 

Week 10:         Current research: Metros as the framework

8 April              Brookings Institution Metropolitan Institute, selected papers. http://www.brookings.edu/metro.aspx

 

Week 11:         Comparative municipal finance

15 April            Enid Slack. “Governing Metropolitan Areas: An International Perspective on

Single-Tier Cities.” www.utoronto.ca/mcis/imfg/Powerpoints/MunicipalDemarcationBoardPresentationJan09.pdf; Enid Slack. “A Comparison of Municipal Responsibilities and Resources.”  http://www.utoronto.ca/mcis/imfg/resources.htm

 

Week 12:         Land-use Planning: Contrasting Southern Ontario and Western New York

22 April            Ontario: http://www.placestogrow.ca/images/pdfs/FPLAN-ENG-WEB-ALL.pdf

WNY: http://www.placestogrow.ca/images/pdfs/FPLAN-ENG-WEB-ALL.pdf

 

Week 13:         Externalities: crime

29 April            O’Flaherty: Chapters 16 and 17

 

Week 14:         Externalities: climate

6 May              Kahn, Green Cities: Urban Growth and the Environment (excerpt)

 

Week 15:         Final exam