{"ModuleCode":"EC3381","ModuleTitle":"Urban Economics","Department":"Economics","ModuleDescription":"The module provides students with a general knowledge on various aspects of urban economics. It uses microeconomic analysis to explain why cities exits, where they develop, how they grow, and how different activities are arranged within cities. Models of firm, industrial and household location decisions will form the basis in analysing urban land use patterns and trends. Other topics covered include housing markets, the role of the government in the urban economy, and urban transportation. The module is for students with strong microeconomic background and with interest in urban economics.","ModuleCredit":"4","Workload":"2-1-0-2-5","Prerequisite":"EC2101 and (EC2104 or any MA module that is not MA1301/MA1301FC or MA1311 or MA1312 or MA1421)","ExamOpenBook":true,"ExamDuration":"P2H","ExamVenue":"MPSH6","Types":["Module","UEM"],"CorsBiddingStats":[{"AcadYear":"2014/2015","Semester":"2","Round":"1A","Group":"Lecture 1","Quota":"5","Bidders":"8","LowestBid":"100","LowestSuccessfulBid":"543","HighestBid":"1002","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students [P]"},{"AcadYear":"2014/2015","Semester":"2","Round":"2A","Group":"Lecture 1","Quota":"1","Bidders":"4","LowestBid":"4","LowestSuccessfulBid":"1600","HighestBid":"1600","Faculty":"Arts & Social Sciences","StudentAcctType":"Returning Students and New Students [P]"},{"AcadYear":"2014/2015","Semester":"2","Round":"3A","Group":"Lecture 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\n\tThis module equips students with an understanding of the economic forces shaping the spatial organization of our economy and the productivity and welfare implications of the spatial organization. Students taking this module are also expected to develop an ability to apply economic principles to the analysis of urban problems and solutions.
\n\n\tToday most people live, learn and work in cities. The performance of cities is fundamental to our economy and our quality of life. What, then, make cities work? Urban economics studies economic principles that explain how cities work. Cities are the outcome of geographic concentration of people and employment, arising from the benefit of proximity. Proximity reduces the cost of trade and social interactions that are central to our productivity, creativity, and enjoyment of life. Proximity, thus, is a scarce resource that has to be economized and allocated efficiently among competing activities to make cities work efficiently. The demand and supply for proximity underlie many of the urban challenges we face today.
\n","Order":5},{"ID":"6e5f053b-8835-4692-be49-41f07234cfff","Title":"Syllabus","Description":"The syllabus below is tentative and is subject to modification.\n\t
\n\n\t
\n\n\t
\n\n\t\t\t\tItems | \n\t\t\t\n\t\t\t\tPercentage | \n\t\t\t\n\t\t\t\tNote | \n\t\t
\n\t\t\t\tIndividual Assignments | \n\t\t\t\n\t\t\t\t20% | \n\t\t\t\n\t\t\t\t2 homework assignments; 10 for each homework | \n\t\t
\n\t\t\t\tTutorial Participation | \n\t\t\t\n\t\t\t\t10% | \n\t\t\t\n\t\t\t\t5 for attendance, 5 for participation | \n\t\t
\n\t\t\t\tProject and Presentation | \n\t\t\t\n\t\t\t\t20% | \n\t\t\t\n\t\t\t\t10 for written report, 10 for presentation. | \n\t\t
\n\t\t\t\tFinal Exam | \n\t\t\t\n\t\t\t\t50% | \n\t\t\t\n\t\t\t\tMultiple choices, problem solving, and short answers | \n\t\t
\n\t\t\t\tTotal | \n\t\t\t\n\t\t\t\t100% | \n\t\t\t\n\t\t\t\t | \n\t\t