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Course Catalogue

Ashoka University’s undergraduate course curriculum is taught across three semesters: Spring, Summer and Monsoon (Fall). Courses are broadly divided into three categories – Foundation Courses (core curriculum), Major & Minor Courses and Co-Curricular Courses.

You may search courses offered at Ashoka here. Please use the drop down menu to choose the specific semester and subject to see the full list of courses under each department. Foundation courses are offered in all semesters and do not have prerequisites. Offerings in other categories differ in each semester. Some higher level major/minor courses may have prerequisites.

To view Summer Semester Courses-2024: Click here

Urban Economics

Code: ECO-3605-1

Faculty: Lalit Hemant Contractor

The decision of where to locate is essential for both business and individuals. It determines the profits of firms through the cost of inputs, market size, the level of competition, and the policy environment they face. It also determines the job opportunities, schooling, and other amenities accessible to individuals. In turn, firm and individual decisions aggregate to determine the performance of cities and regions.

This course studies business and individual location decisions and how they determine the main economic forces (agglomeration economies) that lead to the existence and performance of cities and
regional agglomerations. The course starts by developing a simple theory of cities (the monocentric city model) and its implications for density, city size and housing prices. We will study the internal structure of cities by introducing the key notion of spatial equilibrium, and then evaluate the effects of land use policies, different means of transportation and infrastructure and housing policies on land and housing values. We shall also consider spatial equilibrium across a region using the framework of Rosen and Roback.

We shall also briefly consider the empirical literature that seeks to test some of the theories developed. Other topics that will be covered, time permitting, include urban governance, urban growth and decline and more
local aspects such as neighbourhood choice and gentrification. Finally, the course will analyze cities in the developing world, and conclude with recent advances in the field.

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