PAPER ID:IJIM/V.3(VIII)/33-35/7
AUTHOR: Prof. Suraiah D
TITLE: An Overview of the Economics of Urban Planning and Development
ABSTRACT: Urban economics encompasses the economic analysis of urban areas, utilizing economic principles to examine issues such as crime, education, public transit, housing, and local government finance. It is a subfield of microeconomics that focuses on studying the spatial organization of urban areas, including the distribution of households and businesses. Additionally, this article provides further details on the critical decision-making involved in urban land use planning, including policies and outcomes in the urban area.
KEYWORDS: Urban area, Economics, Planning, Economics development, Urban planning, Urban development, Economic planning