Urban Economics is a branch of economics that studies how cities function and the economic forces that shape urban areas. It examines issues such as land use, housing markets, transportation, and the impact of policies on urban development. By analyzing these factors, urban economists aim to understand how cities can grow sustainably and improve the quality of life for their residents.
This field also explores the relationship between urban areas and their surrounding regions. It considers how factors like population density, employment opportunities, and public services influence economic activity. Urban Economics provides valuable insights for policymakers, helping them make informed decisions to enhance urban living conditions and promote economic growth.