ECON 409 Economics of Urban Inequality
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The ECON 409, Economics of Urban Inequality course thoroughly introduces game theory, which is a very important analytical tool in other areas of economics and social sciences. You will learn how to analyze strategic situations (games), which may be static or dynamic, may include incomplete information and many examples such as oligopolistic markets, monetary policy, negotiations, repetitive games, auctions, labor market signals, reputation building, and a lot of others more.
Inequality exists in all urban areas. Inequality refers to the extreme difference between poverty and wealth, as well as differences in the well-being of individuals and in access to work, housing and education.
There are many types of economic inequality, the most notable of which are measured by the distribution of income (the amount of money people get) and the distribution of wealth (the amount of wealth people have). Apart from economic inequality between countries or states, there are also important types of economic inequality between different groups of people
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