AEM 2500 - Environmental and Resource Economics

(SBA-AG) (CU-SBY)

Fall. 3 credits.

Forbidden Overlap: AEM 1500.
Prerequisite: ECON 1110. Enrollment preference given to: students in majors that specifically require AEM 2500.

A. Ortiz-Bobea.

Introduces fundamental economic principles and the “economic approach” to policy issues, and demonstrates how these concepts underpin contemporary environmental and natural resource issues and policy solutions. Subjects include valuation, benefit-cost analysis, policy design, property rights, and ecological economics. Uses these tools to explore major current policy issues such as economic incentives in environmental policy, air and water pollution, depletion of renewable and nonrenewable resources, and global warming. Two evening exams and three out of class labs.