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Syllabus

Planning Economics (11.202) is a course that runs for one-third of a semester, following 11.203, and covers economics topics of particular interest to city planning students, to which few have had prior exposure:
  • Public Good and Externality Theory in Practice
  • Location Theory and the Economic Rationale of Cities
  • Globalization, Trade and Labor Standards
  • Investment Theory and Housing Finance

Most readings are from a reader now available at MIT Graphic Arts. Other, basic theoretical readings are assigned from Nicholson's Intermediate Microeconomics (8th edition) the textbook used in 11.203, but these are standard topics and can be reviewed in any good microeconomics textbook.