F&ES 624b / 2019-2020

Economics of Sustainability

Credits: 3

Spring 2020: M,W, 2:30-3:50, Kroon G01

Meeting the needs of future generations without compromising the ability of future generations to meet their needs means allocating resources across and through time. Resource allocation is a central theme in economics. For more than 100 years the economics literature has investigated allocating resources within a generation and between generations. The purpose of this course is to provide students with core ideas from economics relevant to the conversation around sustainability and sustainable development. The course addresses normative theory, ideas around sustainability (even before it was called that), and initiatives for measuring sustainability (with some historical context), and it touches on modern techniques for incorporating the environment in measures of social progress.