Since 1990 there has been a surge of theoretical and empirical work on the spatial aspects of the economy. The text discusses this area of contemporary economics - the "new economic geography". It provides an explanation of the existence of large economic agglomerations at various spatial scales.[...]

This book examines the economic reasons why people choose to live where they live and develops, through analysis of the bid rent function, a unified theory of urban land use and city size. The first part of the book explicates the basic theory of urban land use and optimal city size. Residential loc[...]