ECO 223 - Environmental Economics

This course introduces students to economic concepts and methods applied to environmental and natural resource issues. Students examine the importance of natural resources and environmental services for the economy and human well-being. Students contemplate the underlying causes of environmental problems and consider how people respond to incentives and constraints framed by economic and social institutions. Students learn about valuation techniques and decision criteria, and learn to evaluate policies based on efficiency, equity and sustainability. The course typically covers some of the following topics: sustainable development, population growth, energy, water resources, fisheries, forest management, agriculture, air and water pollution, climate change, solid waste and recycling and toxic substances.

Course Typically Offered Fall - Alternate Years

Credits: 3