Land in the history of economic thought

Abstract

The paper presents the evolution of the role of land in the economic thought. Land is a rare space for location of producing activities, living and others. The article points out main ideas and approaches from the very beginning of economic literature till nowadays, having used many citations of the authors. The main concern in the article is given to the land rent. The terms of differential rent, monopoly rent or bid rent and bid price curves are explained. Models of monocentric city by Thünen and Alonso are described in details.