Question

In: Economics

Consider the model that explains the spatial structure of cities. (a) List and briefly describe the...

Consider the model that explains the spatial structure of cities. (a) List and briefly describe the assumptions of the model. (b) Using a figure explain why the price of housing increases as the distance from the center increases.

Solutions

Expert Solution

Solution A

The Burgess Model briefly describes different zones in urban planning as below:

  • Central business district which has highest economic returns and land value
  • Transition zone in which both residents and commercial users reside where rhere is decay and redevelopment occurs
  • Working class zone in which second generation immigrants and more working people stay and is nore develiped than transition zone
  • White collar zone where houses are bigger and occupied by middle class
  • Commuter zone in which maximum high income people stay

The limitations of model is that there are various overlaps and urban planning sometimes become ineffective and is also not applicable to polycentric cities nor does it take political intervention into consideration .

Solution B

The pricing of houses increase as we move from central because high income groups with complete residential area and maximum urban density amd connectivity is found. These areas are more preferred and always in demand and hence prices increase.


Related Solutions

List the factors that comprise the image formation model. Describe each briefly.
List the factors that comprise the image formation model. Describe each briefly.
LIST AND DESCRIBE THE AMPS MODEL
LIST AND DESCRIBE THE AMPS MODEL
Question 23 List and briefly describe 2 big differences between the Malthusian and Solow model.
Question 23 List and briefly describe 2 big differences between the Malthusian and Solow model.
list and describe 4 characteristics of an oligopolistic market structure
list and describe 4 characteristics of an oligopolistic market structure
Describe briefly the structure and subunits of prokaryotic and eukaryotic RNA polymerases. Describe in detail at...
Describe briefly the structure and subunits of prokaryotic and eukaryotic RNA polymerases. Describe in detail at least three ways that prokaryotic and eukaryotic transcription differ from each other.
Describe briefly the structure and subunits of prokaryotic and eukaryotic RNA polymerases. Describe in detail at...
Describe briefly the structure and subunits of prokaryotic and eukaryotic RNA polymerases. Describe in detail at least three ways that prokaryotic and eukaryotic transcription differ from each other.
List and briefly describe the three areas of financial management.
List and briefly describe the three areas of financial management. Also, answer what the primary goal of financial management is?
List and briefly describe the four spending components of GDP.
List and briefly describe the four spending components of GDP.
List and describe briefly 3 Types of Option Strategies:
List and describe briefly 3 Types of Option Strategies:
List 5 generic properties of polymers, and briefly relate these properties to the atomic structure of...
List 5 generic properties of polymers, and briefly relate these properties to the atomic structure of polymers.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT