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Oct 31, 2024
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ECON 307 - Environmental Economics (3 units)
Economic analysis of pollution, common property, property rights, and basic principles of non-market valuation. (AGSC 307 and ECON 307 are cross-listed; credit may be earned in one of the two.)
Prerequisite(s): ECON 102 .
Grading Basis: Graded
Units of Lecture: 3
Offered: Every Fall
Student Learning Outcomes
Upon completion of this course, students will be able to:
1. identify sources of market failure that cause environmental costs to society.
2. identify market-based and regulatory methods designed to incorporate environmental costs into economic decision-making, and evaluate circumstances for which various methods are more or less advantageous than others.
3. assess the magnitudes of environmental costs and benefits, and identify which groups in society bear these.
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