Economic dimension of urban planning

The economic dimension of urban planning determines the future functioning of urban objects and the urban environment in the process of spatial development and indirectly the economic impact. With regards to the economic functionality of the urban object/environment, urban planners employ several different economic tools. These tools facilitate the preparation of a robust urban plan that encourages economic development in a way that is conducive to and compatible with sustainability objectives. Put differently, they influence the way planned urban objects and urban environments are going to be shaped.