ENVI 379
Economics of the Environment Fall 2009
Division II Quantitative/Formal Reasoning
Cross-listed ECON 379
This is not the current course catalog

This course acquaints students with an intermediate level of environmental and natural resource economics. First half of the course will be devoted to establishing an understanding of basic theoretical concepts as they apply to real-world environmental and resource problems. The topics include externalities, public goods, common property resources, taxes, standards, tradable pollution permits, and inter-temporal resource management. Second half will discuss more advanced topics and familiarize students with analytical tools and models commonly used in environmental and resource economics. The topics include cost-benefit analysis, non-market valuation, choice of pollution-control instruments, uncertainty and the role of information, inter-temporal models of renewable and non-renewable resources, and international environmental treaties.