316-324 Environmental Economics

Students may not gain credit for both 316-324 Environmental Economics and 316-208 Economics of the Environment.

316-201 Intermediate Macroeconomics and 316-202 Intermediate Microeconomics.

Environmental issues will be addressed with the aid of economic theory. Topics include sustainability of economies; pollution as an externality; approaches to dealing with pollution in different countries; methods of valuing the environment and environmental damage; effect on future generations; the use and depletion of renewable and non-renewable natural resources; and the environment and economic development.

• High level of development: oral communication; written communication; application of theory to practice; critical thinking; synthesis of data and other information; evaluation of data and other information.

• Moderate level of development: collaborative learning; problem solving; team work; statistical reasoning; interpretation and analysis; accessing data and other information from a range of sources; receptiveness to alternative ideas.

• Some level of development: use of computer software.

A 2-hour end-of-semester examination (60%), an essay of approximately 3000 words (30%) and in-class assessment (in the form of seminar presentation and class participation) (10%).

• J Kahn, The Economic Approach to Environmental and Natural Resources. Harcourt Brace Publisher, (2nd edn), 1998.