Adjunct Associate Professor of Public Policy
Francesco Brindisi is the Director of Policy Research and the Chief Microeconomist for the NYC Office of Management and Budget. Prior to OMB, Professor Brindisi worked for six years at the NYC Economic Development Corporation, most recently as the Senior Vice President and Chief Economist, where he worked on a variety of issues including labor market analysis, tax policy, and economic development. He holds a PhD in economics from Columbia University.
The field of urban economics addresses a wide variety of questions and topics. At the most general level, the field introduces space into economic models and studies the location of economic activity. Urban economics typically addresses four sets of questions, and this course is organized around these four areas. The first set of questions focuses on the development of urban areas. Why do cities exist and why do some grow more rapidly? How can local governments encourage such growth? The second set of questions addresses patterns of development within metropolitan areas. Why do certain parts of metropolitan areas grow more rapidly than others? How do firms and households decide where to locate within given metropolitan areas? What determines the price of land, and how do these prices vary across space? The third set of questions concerns the spatial dimensions of urban problems. In this class, we will focus on poverty, housing, and suburban sprawl. Finally, in the last part of the class, we will briefly study the spatial aspects of local government.
Macroeconomics, Global Markets, and Policy
This course teaches the principles of macroeconomic policy in an international setting. The course focuses on developing a framework for understanding the forces that determine output, employment, inflation, interest rates, exchange rates, the trade deficit, and other key macroeconomic variables. This framework is used to evaluate different macroeconomic policies in the context of different national economic environments.