| Course ID: | AAEC(ECOL) 8700. 3 hours. |
| Course Title: | Advanced Environmental Economics and Policy Analysis |
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. |
| Oasis Title: | ADV ENV ECN/POL ANA |
Semester Course
Offered: | Offered fall semester every year. |
| 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 |