ECON 228 Fall 2012 Water as a Scarce Resource (W)

Cross Listed as ENVI228
For a variety of reasons including environmental pollution, urbanization, changing agricultural techniques, resource mismanagement, and the consequences of climate change, water is becoming a scarce resource even in places where it was relatively plentiful in the past, and it is likely to become an increasingly scarce resource over the coming decades. In this course we will use basic economic models to consider policy issues relating to water: Is access to water a basic human right, and if so, what market and non-market mechanisms should play a role in water allocation? Does public ownership of water improve the way it is provided and used? Why do societies differ in their approaches to allocating water and are some systems better than others? What does it mean to have a property right to water? Could private property rights to water help address the water pollution problem? How can societies change their water-related property rights, regulations and social institutions when individuals have implicit or explicit rights to the institutional status quo? Who has the right to water that crosses international boundaries? How should societies allocate water across generations?
Class Format: tutorial, meeting with the instructor in pairs for an hour each week; a 5- to 7-page paper every other week (5 in all), prepare and present a written critique of their partners' papers in alternate weeks, and revise and re-write one of their five papers
Requirements/Evaluation: evaluation will be based on the quality of the papers and on the quality of the student's oral presentations and commentary on the work of his/her colleagues
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Prerequisites: Economics 110 or equivalent
Enrollment Preference: first-year students and sophomores intending to major in economics and/or to concentrate in Environmental Studies
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Divisional Attributes: Division II, Writing Intensive
Other Attributes: ENVI Environmental Policy,ENVP Political Economy Electives,POEC Comparative POEC/Public Policy Courses
Enrollment Limit: 10
Expected Enrollment: 10
Class Number: 1425
CLASSES ATTR INSTRUCTORS TIMES CLASS NUMBER
ECON228-T1(F) TUT Water as a Scarce Resource (W) Division 2: Social StudiesWriting Intensive Ralph M. Bradburd
TBA 1425
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