Courses of Study 2015-2016 
    Mar 23, 2018  
Courses of Study 2015-2016 [ARCHIVED CATALOG]

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AEM 7510 - Environmental Economics

Fall. 4 credits.

Prerequisite: ECON 6090  and graduate-level econometrics course.

A. Bento.

The objective of this course is to provide a graduate-level survey of the two prevailing contemporary themes in environmental economics: the measurement of the demand for environmental resources as input into benefit-cost analyses, and the design of incentive-based, cost-effective policy instruments to achieve environmental goals. Core topics include market failure, conceptual foundations for valuing changes in environmental quality, empirical applications of nonmarket valuation methods, and cost-effective market mechanism design for reducing pollution. Additional topics include information asymmetries and mechanism design for nonpoint source pollution, and international/global environmental issues.

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