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social science subjects > economics > applied economics > urban economics
... > social science subjects > geography > human geography > regional geography > urban studies > urban economics
... > social science subjects > geography > human geography > human geography theory > regional geography > urban studies > urban economics

Preferred term

urban economics  

Definition

  • Economics is the study of decision making when resources are limited and can be used in different ways. In an economic model, a household makes choices to maximize its utility or satisfaction, whereas a firm makes choices to maximize its profit. [Source: Encyclopedia of Urban Studies; Urban Economics]

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https://concepts.sagepub.com/social-science/concept/urban_economics

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