Urban Environmental Economics - Models
3 important questions on Urban Environmental Economics - Models
What is the theory of 'land rent' set by David Ricardo (1772-1823)
'Land rent' is what remains once all product has been sold and the wages have been deducted.
What is the theory of 'the isolated state' set by Johann Heinrich Von Thünen (1783-1850)
(rings: dairy, forest, crops, livestock)
What is the theory of 'spatial structures' set by Ernest Burgess (1925)
- downtown
- factory
- transition zone
- working class
- residential zone
- commuter zone
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