ENVIRONMENTAL AND NATURAL RESOURCE ECONOMICS

Catalog description

This course analyzes environmental problems and their causes in the context of a market economy. Students evaluate how markets may fail to correctly allocate environmental and natural resource amenities and the policy alternatives available to correct these market failures. Students apply cost-benefit analysis and non-market valuation methods to environmental and natural resource issues involving water, energy, minerals, pollution, climate disruption and sustainability. PREREQ: ECON 201 AND ((COBE MAJOR: 2.50 CUMULATIVE GPA) OR (NON-COBE MAJOR/MINOR/COBE MINOR: 60 CREDITS AND 2.00 CUMULATIVE GPA))