Economics of Planning and Development - PLAN2111

Micro-economic and macro-economic processes underpin urban and regional land-use patterns, property values, activity systems and social welfare. The processes of economic growth and decline are a perennial consideration of planning at different scales. The course focuses on development and planning across large urbanized and non-metropolitan regions. Students gain an understanding of how planning objectives are influenced by the aggregate impacts of uneven economic growth processes and economic behaviour. They gain familiarity with the potentialities and limitations of public policy in influencing spatial outcomes through studying economic issues and problems. Practical techniques for analysing spatial structure and development projects are introduced. Instruction is through lectures and tutorials.