EC 363 - Environmental Economics

3 credit(s)
This course examines the applications of economic analysis in dealing with many of our society’s environmental and natural resource concerns. Topics include the economic tools necessary for understanding environmental problems; analysis of alternative approaches, including effluent charges and tradable discharge permits, for correcting these environmental problems; methods for placing “value” on environmental quality; the potential for alternative energy sources; optimal depletion of natural resources, including forests, water, food, and fisheries; environmental justice; and the application of cost-benefit analysis and life-cycle cost analysis to selected environmental issues.
Prerequisite(s): EC 110 and EC 211.

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