AI2155 Urban Economics and Cost Benefit Analysis 7.5 credits

Stadsbyggnadsekonomi

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Course information

Content and learning outcomes

Course contents *

Market forces in the development of cities; land rent, land use/control; urban problems such as traffic congestion; cost benefit analysis.

Intended learning outcomes *

The aim of the course is to provide students a deep understanding of spatial economic theories and urban issues. Upon completion of the course, course participant should be able to:

  • Describe and analyze the economic factors behind the existence, evolution, and growth of cities.

  • Analyze and interpret quantitative data about urban growth and economic base models.

  • Apply location theories that explain how land prices and zoning regulations influence the location of various economic activities and housing markets.

  • Explain the economic causes and consequences of key urban challenges such as congestion, segregation, etc. and the policy responses to those challenges.

  • Describe the role of local government in providing public goods and household’s choices of amenities in relation to taxes.

  • Explain CBA concept and the assumptions behind it as well as limitations.

Course Disposition

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Literature and preparations

Specific prerequisites *

Eligibility to the master programme in Real Estate and Construction Management.

Recommended prerequisites

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Equipment

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Literature

O'Sullivan A, Urban Economics, McGraw-Hill, Latest edition.

Examination and completion

Grading scale *

A, B, C, D, E, FX, F

Examination *

  • TEN1 - Written Exam, 4.5 credits, Grading scale: A, B, C, D, E, FX, F
  • ÖVN1 - Assignments, 3.0 credits, Grading scale: P, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Other requirements for final grade *

Course work consists of a termpaper and a series of exercises. In order to pass the course students need to have the termpaper approved, in addition to passing the final written exam.

Opportunity to complete the requirements via supplementary examination

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Opportunity to raise an approved grade via renewed examination

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Examiner

Mats Wilhelmsson

Further information

Course web

Further information about the course can be found on the Course web at the link below. Information on the Course web will later be moved to this site.

Course web AI2155

Offered by

ABE/Building and Real Estate Economics

Main field of study *

Built Environment

Education cycle *

Second cycle

Add-on studies

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Contact

Abukar Warsame, 08-790 6912, abukar.warsame@abe.kth.se

Ethical approach *

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.