| Course ID: | ECON 2100E. 3 hours. |
| Course Title: | Economics of Environmental Quality |
Course
Description: | The economic analysis of environmental issues, with discussions
of current environmental quality problems, their underlying
causes, and command vs. market-based solutions. |
| Oasis Title: | Economics Environmental Qual |
| Duplicate Credit: | Not open to students with credit in ECON 2100 |
| Nontraditional Format: | This course will be taught 95% or more online. |
| Prerequisite: | (ECON 2105 or ECON 2105H or ECON 2105E) and (ECON 2106 or ECON 2106H or ECON 2106E) |
Semester Course
Offered: | Offered fall, spring and summer semester every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | This course provides an introduction to the economic analysis
of environmental issues. The course will be loosely divided
into two components. The first considers the economics of
externalities and the policy interventions appropriate for
environmental problems. The second examines methods to assign
economic value to environmental goods. The lectures will focus
on understanding general principles rather than examining
specific applications. |
| Topical Outline: | Introduction and Microeconomic Review
Benefits and Costs, Supply and Demand
Economic Efficiency and Markets
The Economics of Environmental Quality
Welfare Economics
Externalities
Criteria for Evaluating Environmental Policies
Command-and-Control Strategies: The Case of Standards
Taxes, Subsidies, Mandates and Tradable Permits
Takings, Public Goods, and Policy Implementation
Cost-Benefit Analysis and Valuation |