Environmental Economics

3 credits · Undergraduate

(3 hrs Lecture) This course examines the role of economics in decision-making about the environment. Topics covered include the theory of externalities and public goods; market and non-market valuation of environmental amenities; and the regulation of polluting activities using instruments such as pollution taxes, tradable permits (cap and trade), and eco-labels. Requisite Courses: A minimum grade of C in ECON-1102 and ECON-1103, or ECON-1104 or ECON-1106 [prerequisite(s)].