ENVIRONMENTAL ECONOMICS

Catalog description

This course is an introduction to the application of economic principles to the study of the management of environmental and natural resources. The course emphasizes the impact of human decisions on the natural environment and the design and evaluation of policies and regulations that seek to improve environmental quality. Topics covered include global climate change, the criteria for evaluating environmental policies, liability laws and property rights, command-and-control strategies, incentive-based strategies, federal, state, and local environmental issues, global climate change, and international environmental agreements. (4 credits) fall