16232 Economics for Policy Analysis6cp; 1.5hpw (lecture), 1hpw (tutorial)
Requisite(s): 16235 Urban Economics
This subject introduces students to the application of economic principles and frameworks in the formulation and interpretation of urban planning and policy. The importance of rigorous analysis in the context of policy formulation and interpretation is emphasised. The subject begins with an introduction to the microeconomic principles for guiding policy options. It then explores in detail specific applications from housing, infrastructure provision and environmental valuation. The subject takes a case study approach and students apply their learning through hands-on-exercises, discussions and reports. Recurrent themes of the subject include economic efficiency, social welfare and urban sustainability.
Spring session, City campus
Detailed subject description.