Land economics: Difference between revisions
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Revision as of 05:04, 4 November 2007
Land Economics concerns itself with the study of land use, natural resources, public utilities, housing, and urban land issues.
In political economy land was treated as a factor of production without being relegated to a sub discipline.
Since land cannot be entirely ignored, during the development of neoclassical economics, in the first thirty decades of the twentieth century,[1] a place had to be found for land. This need was satisfied by creating land economics as a sub discipline in mainstream economics.[2]