ECON 345 Environmental Economics (1)
The economic paradigm can make important contributions to understanding and alleviating environmental problems. This course examines the shortcomings of the market mechanism for allocating environmental resources and of public policies for mitigating environmental degradation. Topics include externalities, common property resources, public goods, property rights and cost-benefit analysis. Special consideration will be given to several contemporary environmental problems.
- Prerequisite: ECON 132 or ECON 122
- Offering: Annually
- Instructor: Negri, Sivers Boyce