What are amenities in economics?
What are amenities in economics? In urban economics, an amenity is referred to any benefits that increase the attractiveness of a place by increasing its comfort or convenience. Examples of amenities are pleasant views, good schools, or even a low crime rate.
How many types of amenities are there?
Types of Amenities. Amenities fall into two general categories—public amenities and property-specific. Public amenities are those that are available to everyone in the area. In the case of a residential home, parks, schools, shopping centers, and post offices are considered public amenities.