Overview
Description
Application of economic theory to inform pro-social (optimal, as it were) use of natural resources. Emphasis on identifying misaligned economic incentives and constructing environmental policy to correct them.
Requirements
Prerequisites
ECON 102
Original catalog text
Prerequisites
Prerequisite(s): ECON 102.
Units
Lecture3
Catalog Details
Offering
Offered: Every Spring - Even Years
Terms
spring
Related Courses
Cross Listed With AGSC 309
Attributes
Standard
Learning Outcomes
- view the history of natural resource management from an economic perspective and provide an informed critique of current environmental policy.
- apply economic theory to modern problems concerning land use, fisheries, forestry, oil extraction, pollution, water allocation, and climate change.
- communicate clear and convincing suggestions for environmental policy through the identification and correction of misaligned economic incentives.
- represent economic arguments rigorously by augmenting intuition and logic with detailed graphical models.