Economics> Economics > The First Cities
Last updated: 1 year ago
Preview 1 out of 31 pages
•Trading centers and factory hubs •Comparative advantage of regions –Based on productivity •Specialization –leads concentration of economic activity
Firm Location and Where Cities Develop
Urban Economics Text: Economics Meets Geography
Adam Smith and the Productivity Argument of Absolute Advantage
Six Key Concepts of Urban microeconomics: 1. Opportunity Cost 2. Marginal Principle 3. Nash Equilibrium 4. Comparative Statics 5. Pareto Efficiency 6. Self-Reinforcing Changes
Copyright © 2012 - 2024 Apaxresearchers - All Rights Reserved.