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Mar 28, 2024
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AEM 7510 - [Environmental Economics] (CU-SBY) Fall. Not offered: 2022-2023. Next offered: 2023-2024. 3 credits. Student option grading.
Prerequisite: graduate-level microeconomic theory and econometrics.
T. Gerarden.
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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