PUBPOL 5380
Markets, Policy and Sustainability
This course is a survey of environmental economics and policy, covering both general models and specific applications. We learn how economists estimate the demand for environmental goods and services and the costs of preserving them, and then study the efficient extraction of oil and minerals, economics of pollution control, climate change, fisheries, forests, and endangered species. We also cover the intersection of international trade and environmental regulation, as well as sustainability. (MPA-ECONPL, MPA-ENPO, MPA-INTPMN, MPA-ME, MPA-PUBNON, MPA-SOCPOL)
Topics
- Understand market failures most relevant to environmental policy (externalities, public goods, common property) and the role of policies intended to address these market failures.
- Interpret and use economic models of efficient pollution control and natural resource management.
- Distill basic information from peer-reviewed economics journal articles focusing on environmental policy, and interpret economic content in media articles on environmental policy and management.
- Effectively communicate principles of market-based environmental policy to others.
- Model respectful disagreement using reasoned economic arguments with appropriate support.
Official roster learning outcomes
Prerequisites & course information
background equivalent to: PUBPOL 6390; PUBPOL 2100 or PUBPOL 2101.
Sources
- Course catalogue ↗2026-2027