AEM 4510 - Environmental Economics

(crosslisted) ECON 3865
(SBA-AG) (CU-SBY)

Spring. 3 credits. Letter grades only.

Forbidden Overlap: due to an overlap in content, students will receive credit for only one course in the following group: AEM 4510, ECON 3850, ECON 3865, PAM 3670, PAM 5970.
Prerequisite: at least one of following: MATH 1110, AEM 2600 or ECON 3030. Enrollment limited to: undergraduate students. Co-meets with AEM 5510.

I. Rudik.

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.