ECON 360 - Environmental Economics

Units: 3
Economic effects of national or local environmental policies around the world. Particular issues include the costs and benefits of alternative environmental policies to deal with air pollution, water management, resource depletion, open access problem, solid waste, and global warming.

Prerequisites: ECON 200 and ECON 205.
Equivalent Quarter Course: ECON 4306.
Possible Instructional Methods: Entirely On-ground.
Grading: A-F grading only.
Course Typically Offered: Spring ONLY

Student Learning Outcomes - Upon successful completion of this course students will be able to:

Apply basic principles of economics to environmental issues;
Explain how something can be both “environmentally destructive” and “economically optimal”; and how something can be environmentally beneficial and economically suboptimal;
Know basic economic models pertaining to the use of depletable resources; depletable vs. renewable resources;
Understand the economics of water conservation; the impact of alternative property rights structures;
Understand basic approaches to “optimal” pollution and optimal pollution control.