This week-long professional development course offers students the opportunity to assess and challenge their understanding of fundamental topics related to urban informality. Participants will examine tools on informal economic analysis, land markets and pricing, as well as the development of informal settlements in Latin American cities. Students will deepen their knowledge on different intervention tools and land tenure regularization processes by means of case studies from Latin America, the Caribbean and other regions.

This course presents students with the fundamental concepts and tools of economic theory needed to form a critical analysis of the factors that influence land prices in both formal and informal markets. Students will examine the origins of land prices along with the foundations of urban economics in order to better analyze the effects that the regulation of real-estate markets has on land prices.