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NATURAL RESOURCE AND ENVIRONMENTAL ECONOMICS
NATURAL RESOURCE AND ENVIRONMENTAL ECONOMICS
2013 Fall Term
Economics 471
Markets and the efficient allocation of resources over time. Market failure - property rights, externalities, public goods. Valuation of environmental benefits and costs. Economics of renewable and non-renewable natural resources - land, water, fisheries, forests, energy, minerals. Pollution abatement and environmental protection. Global issues - population, climate change, tropical deforestation, the oceans and atmosphere as global "commons". ECON 411 recommended.
Other Requirements: PREREQ: ECON 201 OR ECON 212
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