49.415 Introduction to Environmental Economics

Introduction to Environmental Economics

Course Details
Min Credits 3
Max Credits 3
Course ID 5913
Status Active

This is a renumbering of an existing course, 49.315. The renumbering to the 400 level is to allow Masters students in programs with environmental content to take this course for credit with their advisor's approval. This course introduces students to the economic and policy aspects of environmental quality and natural resource issues. Simple and complex models are used to blend economic theory with environmental facts. Students will learn to derive policy insights from theoretical constructs. The primary objective is to show how the basic principles in economics can play a valuable role in analyzing and evaluating critical environmental issues and help in determining policy guidelines. Standard benefit cost or efficiency criteria will be applied to a wide variety of environmental issues.

Pre/Co-Requisites: Pre-Req: 49.201 Economics I (Microeconomics).