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The Seventh edition of Urban Economics continues to be the market leadingtextbook due to its thorough content and concise writing style. The new editioncontinues to cover urban economics as the discipline that lies at theintersection of geography and economics. Urban Economics incorporates theremarkable progress in the field of urban economics from the last fifteenyears. It also explores the location decisions of utilitymaximizing householdsand profitmaximizing firms and it shows how these decisions cause theformation of cities of different size and shape.. .The framework of this edition continues to be divided into six sections .Part I explains why cities exist and what causes hem to grow or shrink.Part II examines the market forces that shape cities and the role ofgovernment in determining landuse patterns.Part III looks at the urban transportation system.Part IV uses a model of the rational criminal to explore the causes of urbancrime and its spatial consequences.Part V explains the unique features of the housing market and examines theeffects of government housing policies.Part VI explains the rationale for our fragmented system of local governmentand explores the responses of local governments to intergovernmental grants andthe responses of taxpayers to local taxes.. «
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