Environmental & Natural Resource

Catalog description

An introduction to economic theory and evidence of how and why people make decisions that have consequences for the natural environment and the availability of renewable and nonrenewable resources. The course will address current environmental challenges, including decarbonization, greenhouse gas emissions, energy transition, and climate change. The course will also introduce economic tools for understanding optimal policies to address these challenges, including valuation of pollution damages and regulations, and analysis of optimal rates of extraction and utilization of natural resources.