EVM 203
Economics of Environmental Management
3
Course Description
At the end of this course, students should be able to:
1. know the nature of land and its potentials;
2. explain factors influencing use of land as a resource and its value; and
3. know the processes involved in land development.
Course Outline
Land as a scarce and exhaustible resources. Location theory, economic basis of urbanization,
conflicting and competing demands for land use and conservation. Relationship between land use
and land value. Effect of land use and land value on the operation of price mechanism. The
process of land development economics of real estate, nature and function of the urban property,
urban area, financial development and economic concepts.