Lecture1 - Nature of Urban Areas and Urban Economics...

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Nature of Urban Areas and Urban Economics opulation density ± Population density ± Total population patial distriubtion ± Spatial distriubtion ± Growth/decline of urban economy – pen economy (trade; imports & open economy (trade; imports & exports) cale economies and externalities ± Scale economies and externalities ± Diversity of demand, mobility, and orting sorting
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ales of Three Cities efinitions of Tales of Three Cities definitions of metropolitan areas ± Urban areas as economic unit; “central city” (municipal boundary) is o narrow; based on political not too narrow; based on political, not economic considerations S Census Bureau’s etropolitan ± US Census Bureau s Metropolitan Statistical Areas (MSAs) –basedon hole counties that contain a central whole counties that contain a central city with population at least 50,000
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Metropolitan Statistical Areas (MSAs) SA hole counties that contain a central ± MSA – whole counties that contain a central city of at least 50,000 population, including
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Lecture1 - Nature of Urban Areas and Urban Economics...

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