Olabisi Onabanjo University, Ago-Iwoye, Department of Economics.

Course Title: Urban and Regional Economics Course Code: Eco 225
2022/2023 Academic Session

LECTURERS IN CHARGE Dr O. A. Adelowokan, Dr Adedamola. A. Siyanbola and Ms O. E. Atoyebi

COURSE OBJECTIVES
This course studies the functions of the urban economy: the market sector and the public sector, economic analysis of
issues such as land use, environmental quality, transportation, housing, income distribution, and financing of urban public
services

MATERIALS
 Lecture Note for Each Topic
 Arthur O’Sullivan, Urban Economics, 8th ed., McGraw-Hill Irwin, 2011.
 Jan K. Brueckner. Lectures on Urban Economics. MIT Press, 2011
 Kayode Oyesiku, New Cities In Urban and Regional Development Planning, Longman Nig Plc, 2010
 Central Bank Of Nigeria, Urbanisation and Socio-Economic Related Problems In Ibadan Area, CBN, Research
Department Occasional Paper No.25, 1999
 Adejuyigbe, M.O.A, Industrialisation, Urbanisation and development in Nigeria 1950-1999, Concepts
Publications, Lagos. 2004
 Plus other sundry materials

GRADING
Integrity/class participation, quizzes and attendance 15%
Midterm Test I 5%
Midterm Test II 10%
Final examination 70%
Total 100%

NOTE: There will be only ONE make-up for Mid-term tests but NO make-up for quiz because it is continuous and it is
a bonus on attendance. Therefore don’t come to complain that you missed a quiz. If you will miss a class, obtain express
permission from any of the lecturers-in-charge

Class coordination: While you are at liberty to do what you like, your liberty is limited to the extent that you don’t
infringe on the liberty of another member of the class or smooth running of the class. In the same vein you should be
ready to take responsibility for your action(s).

Requirements for Examination: A candidate must be registered and must also have 70% attendance to be qualified
be examined in this course at the end of the semester.
TOPICS
1. Introduction
- Meaning and definitions
- Axioms of urban economics
- Why do cities exist and what determines their development
- Urbanisation and rural urban migration: characteristics, causes, effects, problems, solutions and consequences

2. Urban Transportation
- Introduction
- Purpose of urban travel
- Urban travel demand
- Elasticity of demand in urban transportation
- Urban transport policy
- Problems of, causes, and solution to urban transportation

3. Urban Housing
- Features of housing
- Housing concepts
- Urban housing problems
- Causes of urban housing problems and solution
- Nigerian housing sector
- Nigerian housing policy
- Causes of homelessness

4. Urban Poverty

5. Crime in Urban Areas

- Economic model of crime and crime prevention
- Causes of urban crime and solutions

6 Economic Integration in Urban Economics (Ecowas Case Study)

MID SEMESTER TEST

7. LOCAL GOVERNMENT AND LOCAL ECONOMIC DEVELOPMENT (LED)