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Urban Economics

Theory of Comparative advantage

Theory of Comparative advantage

In economics, Theory of Comparative advantage refers to the ability of a party to produce a particular good or service at a lower marginal and opportunity cost over another. Even if one country is more efficient in the production of all goods (absolute advantage in all goods) than the other, both countries will still gain by trading with each other,

Urban Development and Climate Change Relationship

Example of Systemic Change

Introduction: Urban development is linked to climate change & its effect on climate change is being studied. Various factors which are backbone of urbanisation creates pollution Urban development is defines as the social, cultural, economic and physical development of cities, as well as the underlying causes of these processes. [1] Climate change is a large-scale, long-term