Publication and Field Overview

This book was first published in 1977. Urban economics is a relatively young field of economics; hardly existing except perhaps in real estate and land economics curricula-before the 1960s.

Within the last few years, especially after 1971, there has been a growth of interest in urban economic theory, strong enough even to attract the attention of general economic theorists.

New Urban Economics (NUE)

These new theoretical writings have been named the ''New Urban Economics''-NUE for short.

Purpose of the Monograph

The aim of this monograph is to survey and assess NUE, to evaluate its contribution to urban economics, to offer a few extensions and to say something about the future direction of the subfield.