Environmental Economics SUST-440
This course examines theories and methods of economics relevant for understanding the environment. It combines theoretical analyses and economic history to understand the social forces relevant to sustainability and climate change with discussions on specific environmental policies related to pollution, energy, climate change, and health issues. Specific topics addressed include externalities, property rights, economies of scale, competition and concentration, distribution, growth and development, and demographic shifts. Alternative policies will be addressed including regulation, cost-benefit analysis, population controls, fines and criminal penalties, the carbon tax, cap-and trade, green technologies, campaigns to change consumer behavior, and anti-poverty programs.