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4. Think of the situations where you can use the following idioms.
To
find a new lease of life, a hot-house plant, one‘s hour has come, a house divided
against itself, a house of cards, the house of god, a private eye, to take the bull by the horns, to
press one‘s luck, bad penny, to cost a pretty penny, not to care a twopence, to cut somebody off
with a shilling,
long shillings, a pound in the purse is worth two in the book.
6. Speaking.
Make a presentation on the following topic:
6.1.
Compare the prices of various types of dwellings in different countries.
Analyze real estate market in your country and abroad (your city and other
cities of Russia). Rank the countries according to the real estate price level.
For
additional
information
search
the
Internet
resources
(e.g.
www.nyhabitat.com).
6.2.
Fill in the table. Find the price level of the given below real estate types.
Real Estate Type
Kazan
Moscow
Novosibirsk
Your town/ city
One-room flat
Two-room flat
Tree-room flat
Cottage
Commercial real estate
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Text 5A
1. Before you start.
How do you understand the term urban economics?
What scope of problems does urban economics study?
2. Read the words and learn them by heart. Make up your own
sentences with them.
1. Urban –
городской
2. Urban economics
– экономика городов
3. To seek
– искать; разузнавать
4. Pattern
– образец, пример,
схема
5. To vary
– меняться, изменяться, расходиться
6. To affect
– влиять
7. Accessibility
– доступность, досягаемость
8. Commodity
– продукт, товар, предмет потребления
9. In conjunction with
– в
соответствии с, в комплексе с
10. Efficiency
– эффективность, действенность
11. Rural
– сельский, деревенский
12. Welfare
– благосостояние, благополучие,
достаток
13. Interdependency
– взаимосвязь, зависимость друг от друга
14. Disparity
– несоответствие, неравенство
3. Read the text 5A, translate it and compare your ideas in ex.1 with the
facts.
Urban economics
Urban economics
is broadly the economic study of urban areas; it
involves using the tools of economics to analyze urban issues such as crime, education, public
Unit 5.
Urban Economics
67
transit, housing, and local government finance. More narrowly,
it is a branch of microeconomics that studies urban spatial
structure and the location of households and firms.
Urban economics is divided into six related themes:
market forces in the development of cities,
land use within
cities, urban transportation, urban problems and public policy,
housing and public policy, and local government expenditures and taxes.
Market forces in the development of cities.
Market forces in the development of cities
relates to how the location decision of firms and households causes the development of cities.
The nature and behavior of markets depends somewhat on their locations therefore market
performance partly depends on geography. If a firm locates in a geographically isolated region,
their market performance will be different than a firm located in a concentrated region. The
location decisions of both firms and households create cities that
differ in size and economic
structure. When industries cluster, like in the Silicon Valley in California, they create urban areas
with dominant firms and distinct economies.
Land use.
Looking at land use within metropolitan areas, the urban economist seeks to
analyze the spatial organization of activities within cities. In attempts
to explain observed
patterns of land use, the urban economist examines the intra-city location choices of firms and
households. Considering the spatial organization of activities within cities, urban economics
addresses questions in terms of what determines the price of land and why those prices vary
across space, the economic forces that caused the spread of employment from the central core of
cities outward, identifying land-use controls, such as zoning, and interpreting how such controls
affect the urban economy.
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