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Nov 10, 2024
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AGSC 467 - Environmental and Energy Economics (3 units)
Emphasizes interrelations of economics principles and institutional factors affecting use and value of natural resources. Attention given to special problems of land, water, and environment. (AGSC 467 and ECON 467 are cross-listed; credit may be earned in one of the two.)
Prerequisite(s): MATH 176 or MATH 181 ; ECON 102 or HON 220 . Recommended Preparation: ECON 302 .
Grading Basis: Graded
Units of Lecture: 3
Offered: Every Fall
Student Learning Outcomes
Upon completion of this course, students will be able to:
1. demonstrate ability to explain the root of current environmental problems using economic principles.
2. demonstrate understanding of different physical units in which energy is used in various settings and ability to do conversion to perform apples-to-apples per unit cost comparison across different energy sources.
3. demonstrate ability to use algebra, calculus, and financial concepts such as time value of money to perform technical analyses including (but not limited to) decision optimization, evaluating the feasibility of an energy investment project.
4. demonstrate understanding of current policy and economic issues related to energy production and consumption in US and the world.
5. demonstrate ability to read non-technical, professional academic publications in environmental and energy economics and policy, and assess their strengths and weaknesses.
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