Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


After the course, the student understands the main economic forces that lead to the existence of cities. The student is familiar with the theories related to the emergence of cities and their role on agglomeration, productivity, urban amenities, and congestion. The student is familiar with key/main models of urban economics and understands the determinants of urban land values, and how land values vary within and between cities. The student is familiar with methodologies to evaluate urban characteristics, and the challenges of these methodologies. The student is familiar with the role and challenges related to housing and urban policies.

Credits: 6

Schedule: 12.01.2021 - 24.02.2021

Teacher in charge (valid 01.08.2020-31.07.2022): Tuukka Saarimaa

Teacher in charge (applies in this implementation): Tuukka Saarimaa

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English


  • Valid 01.08.2020-31.07.2022:

    Formation of cities, urban labor markets and urban structure, land prices, housing and urban policies.

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    The assessment methods and criteria will be announced in course syllabus.

  • Valid 01.08.2020-31.07.2022:

    160 hours (6 cr). The workload per activity type will be announced in the course syllabus.


Study Material
  • Valid 01.08.2020-31.07.2022:

    To be announced in course syllabus, MyCourses and lectures.

  • Valid 01.08.2020-31.07.2022:

    Principles of economics or equivalent.

SDG: Sustainable Development Goals

    11 Sustainable Cities and Communities