Environmental Economics and Policy

This course considers environmental issues through an economic lens. It is loosely arranged around four questions: why are markets so powerful? Why do markets frequently fail to deliver environmental goods? Can markets be har- nessed to deliver environmental goods? If so, why don’t we do that? This course was previously listed as ENVS 1350 and ECON 1350 ; ECON 1350 had ECON 1110 as a prerequisite, and had problem sets and exams requiring calculus. The only prerequisite for this course is ECON 0110 . By the end of the course, student will be able to articulate answers to all four questions, and use mathematical models to explore these issues further in depth.