F&ES 505a

Economics of the Environment

This course provides students with in-depth training using economic analysis to address environmental policies and management. Students are exposed to tools that allow them to assess the e∞ciency of di≠erent environmental policies and management strategies. The course examines when markets manage the environment e∞ciently and when they fail. It covers a range of topics including preventing pollution, managing renewable resources, and consuming nonre- newable resources. It stresses the importance of science and values in making e∞cient choices. The course is a prerequisite for all advanced economics courses and provides knowledge that is fundamental to success in F&ES courses on resource management

F&ES 505 is a prerequisite for:
F&ES 806: Economics of Pollution Management