Integrates economic analysis with life science aspects of natural resource systems to develop social policies for use of natural resources. Studies economists' approaches to resources policy analysis and applies them to energy, forestry, fisheries, mineral, and water systems. Credit not granted for this course and ECON 4535. Approved for arts and sciences core curriculum: contemporary societies. Requisites: Requires prerequisite course of ECON 2010 (minimum grade C-). Economic (ECON) majors are restricted from taking this course.
Highlights causes of excessive environmental pollution and tools for controlling it through economic analysis, values of preservation, and distribution of costs and benefits from environmental protection programs. Credit not granted for this course and ECON 4545. Approved for arts and sciences core curriculum: contemporary societies. Requisites: Requires prerequisite course of ECON 2010 (minimum grade C-). Economic (ECON) majors are restricted from taking this course.
Analysis of problems associated with socially optimal use of renewable and nonrenewable natural resources over time. Problems of common property resources, irreversible forms of development, and preservation of natural areas. Credit not granted for this course and ECON 3535. Requisites: Requires prerequisite course of ECON 3070 (minimum grade C-).
Examines the effects of economic growth on the environment; application of economic theory of external diseconomies, cost-benefit analysis, program budgeting, and welfare economics to problems of the physical environment. Credit not granted for this course and ECON 3545. Requisites: Requires prerequisite course of ECON 3070 (minimum grade C-).
Provides an overview of the characteristics and structure of transportation markets including aggregate demand, vehicle and mode choice, surface freight and air travel. Explores market failures in the transportation sector including market power and externalities such as pollution, congestion and accidents as well as policies aimed at addressing these issues. Requisites: Requires prerequisite courses of ECON 3070 and ECON 3818 (all minimum grade C-).
Considers the allocation of society's scarce environmental resources and government attempts to achieve more efficient and equitable allocations. It is a course in applied welfare economics with an emphasis on market failure and valuation. Department enforced prereq.,ECON 7010. Requisites: Restricted to graduate students only.
Provides advanced study of recent advances in environmental economics and explores opportunities for new research. Topics vary with interests of instructor and students. Department enforced prereqs., ECON 7010 and ECON 8535. Requisites: Restricted to graduate students only.
