AREC 455 - Economics of Land Use

Institution:

University of Maryland Eastern Shore

Subject:

Description:

Restricted to Agricultural & Resource Economics majors (0111C &0111O), Environmental Science and Policy Environmental Economics concentration majors (2299D), and those minoring in Agribusiness Economics (#AG01), Environmental Economics and Policy (#AG02), or Resource and Agricultural Policy in Economic Development (#AG03) Other students will be taken off the hold file on the first day of class as space allows. Prerequisite: ECON306, ECON326 or equivalent. Fundamentals of location theory. Microeconomics of land use decisions, including determination of rent and hedonic pricing models. Impacts of government decisions on land use, including regulation (e.g., zoning), incentives (transferable development rights), provision of public services, and infrastructure investments. Impacts of land use on environmental quality, including issues relating to sprawl, agricultural land preservation, and other topics of special interest.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.umes.edu

Phone Number:

(410) 651-2200

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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