3.00 credit hours
This course will use economic theory as an aid to understanding environmental problems and their solutions. We will start with a study of the firm. Once we have developed an understanding of firms' incentives to pollute and overexploit natural resources, we will learn how various economic policies can change these incentives and thus prevent environmental degradation. Thereafter, we will evaluate the efficiency of these economic policies. Finally, we will apply our theoretical analysis to specific environmental problems. A paper on a current environmental issue will be required for graduate students. Offered as ECON 368 and ECON 468.
No Syllabus Available