Instructor, Environmental and Natural Resource Economics (Online)

This is an online and asynchronous course. This course is designed to provide an introduction to Environmental and Natural Resources Economics. While the focus of this class is mainly theoretical, empirical examples are used to aid the understanding of concepts. Analysis of economic policies designed to deal with environmental problems. Issues involving the management of renewable and exhaustible resources such as timber and oil as well as the advantage of market-based solutions over the conventional demand approach are discussed.
Prerequisites: C or higher in ECO 303 and ECO 305.

Syllabus

Course evaluations

Outline

Week 1: The Economic Approach; Cost-Benefit Analysis
Week 2: Methods for Environmental Valuation; Dynamic Efficiency and Sustainable Development
Week 3: Depletable Resource Allocation; Renewable Resources
Week 4: Recyclable Resources; Water
Week 5: Land; Forests
Week 6: Economics of Pollution Control; Climate change