Course Description
Application of the economics toolkit to the analysis of environmental policy and regulations including policy instruments and implementation. Theoretical and empirical models are considered. Concepts are applied mainly to United States environmental policy toward air and water pollution, hazardous substances, and implementation of environmental law.
Athena Title
ADV ENV ECN/POL ANA
Semester Course Offered
Offered fall
Grading System
A - F (Traditional)
Course Objectives
a) Provide students with advanced training in the economic theory of environmental policy and regulations following a quantitative approach; b) Familiarize students with the application of economic theory and quantitative analysis to the study of contemporary and emerging environmental problems and to the design of policy mechanisms and regulatory tools for environmental pollution control and protection.
Topical Outline
1. Welfare economics and the environment, an overview 2. Pollution targets 3. Decentralized approaches to pollution control 4. Command-and-control vs. market-based instruments 5. Uncertainty and instrument choice 6. Costs of pollution regulation 7. Other issues on environmental regulation 8. International Environmental Agreements 9. Applications 10.Trade and the environment
Syllabus
Public CV