Division of Applied Undergraduate Studies

Environmental Economics

Economic models of natural resource extraction and externalities are introduced and developed. Traditional regulatory responses to correct environment externalities are reviewed, and recent market-based regulations such as tradable permits are discussed in detail. Topics include: common property resources; the role of asymmetric information in formulating environmental policy; contingent valuation and travel cost models of valuing non traded resources; and the economics of species diversity.
Course Number
Associated Degrees