Listed in: Economics, as ECON-210
Formerly listed as: ECON-25
Brian R. Burrows (Section 01)
Caleigh R. Plaut (Section 01)
Katharine R. E. Sims (Section 01)
This course uses economic models and tools to analyze environmental and natural resource problems such as climate change, air and water pollution, depletion of renewable and non-renewable resources, and land-use change. The frameworks studied include market failure due to externalities or public goods situations, the cost-effective allocation of pollution control, cost-benefit analysis, firm decision-making in response to regulations, and the management of renewable and non-renewable resources. We will also seek to understand and generate environmental policy solutions from an economic standpoint.
Requisite: ECON 111 or 111E. Limited to 30 students. Professor Sims. Spring semester.
If Overenrolled: Some preference will be given to a) students who have taken fewer 200 level economics classes and b) economics majors. The class will be selected to achieve a group with diverse academic backgrounds and interests.