Lecture

Spatial Economic Models

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Description

This lecture explores spatial economic models such as Von Thünen's agricultural land use model, Weber's industrial location theory, and Alonso's theory of land rent formation. It delves into the concepts of isolated states, central cities, and industrial activities, analyzing the optimization of transportation costs and location decisions. The lecture also covers the Chicago School's urban ecology model, discussing the competition for limited resources and the evolution of urban communities. Additionally, it examines gravitational models, accessibility surfaces, and the network of undetermined centers. The presentation concludes with a discussion on the limitations of quantitative models and the importance of qualitative reflections in urban studies.

In MOOC

Soil and Real Estate Economics II

An economics course that presupposes no formal economic knowledge other than that developed in the first modules of the first part of this course, Land and Property Economics I. In this second course (Economics of Land and Real Estate II), we will cover..: The developer's countdown and its influence on land prices The calculations of property developers in general Market supply and demand and how they determine and vary prices Differentiating land by urban location

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