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Economic Perspective (Introduction (what is city entre economy? (economic…
Economic Perspective
Introduction
why city centre economic matters and the need for the study of the city centre economy
what is city entre economy?
the organised way of allocating resources as well as associated costs and financial benefits
systems controlling the manner of production, exchange, distribution and consumption of goods and services
economic significance of the city centre encompasses structural advantages
centrality
density of information
labour supply
agglomeration
Supply and Demand
Income and Expenditure (both businesses and individuals)
Building and Spaces
Transport
Other Operational Costs
Tax
Income
Goods and Services
Goods
Consumer Goods
household / insiders and regulars
Shopping ./ Homogenous shopping goods
insiders/ regulars/ visitors
Luxury
insiders/ regulars
Producer goods / Buildings and Spaces
Services
Health
insiders
Education
regulars/ insiders
Transport
visitors / regulars
Recreation
visitors/ regulars
Professional
regulars
Hospitality
visitors / regulars/ insiders
Production, distribution and consumption
social groups as provider or consumer?