AEM 4510 - Environmental Economics

(crosslisted) ECON 4820
(SBA)

Spring. 3 credits. Letter grades only.

Prerequisite: MATH 1110 and ECON 3030. Enrollment limited to: undergraduate students.

S. Li.

This class will focus on the role of the environment in the theory and practice of economics. It will make use of microeconomic analysis at the intermediate level and will incorporate real-world examples. It examines market failure, externalities, benefit-cost analysis, nonmarket valuation techniques, and cost-effective policy instruments.

Outcome 1: Gain understanding of policies to deal with environmental challenges and their impacts on different players in the society.