ECON 3850

ECON 3850

Course information provided by the Courses of Study 2022-2023.

Introduction to the use of economics as a tool in forming and evaluating environmental policy, with a focus on how economists measure effects of environmental quality and regulation. Topics include: externalities in an environmental context; regulation methods such as command and control, Pigouvian taxation, and cap and trade; methods for measuring the costs and benefits of environmental policy; overview of current environmental legislation; environmental quality and health; regulation and environmental justice.

When Offered Fall.

Prerequisites/Corequisites Prerequisite: ECON 1110. Recommended prerequisite: PAM 2100 or equivalent.
Forbidden Overlaps Forbidden Overlap: due to an overlap in content, students will receive credit for only one course in the following group: AEM 4510, ECON 3850, ECON 3865, PAM 3670, PAM 5970.  

Distribution Category (SBA-AS, SSC-AS)

Outcomes
  • Students will be able to explain the reasons for market failure in the presence of externalities in an environmental context.
  • Students will be able to identify common methods of government intervention in environmental regulation, and explain relative strengths and weaknesses in the context of both social efficiency and equity.
  • Students will be able to discuss and evaluate methods used to measure the economic effects of environmental quality and various environmental policies.
  • Students will be able to address the common trade-offs between equity and efficiency in environmental policy, including environmental justice.

View Enrollment Information

Syllabi:
  •   Regular Academic Session.  Combined with: PAM 3670PAM 5970

  • 3 Credits Stdnt Opt

  • 17909 ECON 3850   LEC 001

    • MW To Be Assigned
    • Aug 22 - Dec 5, 2022
    • Sanders, N

  • Instruction Mode: In Person