Urban Economics and Real Estate: Theory and Policy

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9781405131186: Urban Economics and Real Estate: Theory and Policy
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Unique in its coverage, Urban Economics and Real Estate allows an instructor to teach separate courses in either urban economics or urban real estate, or a blend of the two topics.


  • Provides a comprehensive approach to the economic factors that both define and affect modern urban areas, considering the economics of cities as a whole, rather than separating them into isolated topics
  • Analyzes topics such as urban housing, real estate markets, growth, and social and policy issues, and how these affect the economic functioning of a city
  • Includes in-depth discussions of real estate markets and policy issues
  • Considers the changing role of the city in economic life, and the effects of social problems, such as crime, poverty, and education that often accompany these changes
  • Offers a dedicated author-hosted website containing supplemental material, available at http://www.uic.edu/~mcmillen.

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From the Back Cover:

Unique in its coverage, Urban Economics and Real Estate allows an instructor to teach separate courses in either urban economics or urban real estate, or a blend of the two topics. The portion on urban economics focuses on urban/surburban growth--physical as well as job growth. The interplay of federal government and local authorities is discussed, and the effects of social problems, such as crime, poverty, and education that often accompany these changes are discussed. While the latest data sets available are utilized, the text emphasis is on economic analysis. The real estate chapters emphasize housing markets, appraisal, business investments, and their relationship to finance. Given the rapidly changing empirical side of urban demography, the text is accompanied by a website with new examples added annually and various discussions/tips about the latest data sets that become available.

About the Author:

John F. McDonald is Senior Associate Dean for Academic Affairs and Professor of Economics at the University of Illinois at Chicago. He is US editor of the journal Urban Studies and a member of the editorial boards of the Journal of Urban Economics and the journal Planning Perspectives. He has authored or edited several books, including The Economics of Highway Congestion and Pricing (1999), Sources of Metropolitan Growth (with Edwin Mills, 1991), and Economic Analysis of an Urban Housing Market (1979).

Daniel P. McMillen is Professor of Economics and Director of the Center for Urban Real Estate at the University of Illinois at Chicago, and is also a Research Scholar at the Federal Reserve Bank of Chicago. He is a member of the editorial boards of several urban economics and real estate journals, including the Journal of Urban Economics and Real Estate Economics, and is co-editor, with Richard J. Arnott, of A Companion to Urban Economics (Blackwell, 2006).

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9780470591482: Urban Economics and Real Estate: Theory and Policy

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ISBN 10:  047059148X ISBN 13:  9780470591482
Publisher: Wiley, 2010
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